Last year, the FCA announced a review into whether motor finance customers had been overcharged because of past use of ...

The first half of 2025 is expected to bring stabilizing delinquencies, increased demand for automotive refinance and mixed vehicle prices ...

Carvana is preparing its first securitization this year backed by a pool of prime retail auto loans, selling $602.7 million in notes through the Carvana Auto Receivables Trust, series 2025-P1.

Lloyds, and other providers of finance for car loans, are under fire for not being ... Barclays has set aside £90m, while Spanish bank Santander has made a £295m provision.

Lloyds Banking Group has nearly tripled the amount it is setting aside to cover the car finance mis-selling scandal to £1.2bn ...

The Financial Conduct Authority (FCA) says that some customers 'may have been charged too much' on car finance loans before January 2021 ... bill could come to £2.5bn for Lloyds, £1.1bn for Santander, ...

In a statement this morning, the Financial Conduct Authority (FCA) has outlined its next steps in its motor finance review – ...

UK lenders paid car dealers cash upfront that may have led to costlier loans, it has emerged ... is reflected in our rules for firms.” A Santander UK spokesperson said: “Our car finance ...

The Financial Conduct Authority (FCA) is poised to consult on an industry-wide redress scheme if its ongoing review confirms ...