All articles by Verdict Staff
Verdict Staff
Scrutinising the annual survey results for Vehicle Finance
I’ve written before, and I certainly wasn’t the first to point out, that you can make statistics add up to show whatever you want to show. Arthur James Balfour beat me to the “lies, damned lies and statistics” comment by more than one hundred and twenty years, and like pretty much all quotes, this one’s misattributed to Mark Twain.
Do you know what your broker is doing?
If a broker or dealer (the Broker) charges a fee directly to the customer, they must comply with section 4.4 of the Consumer Credit sourcebook (referred to as CONC.) contained within the FCA Handbook.
Lenders and brokers look beyond headline used car sales figures
Raphael Finance and Carfinance247 have independently warned that used car penetration is being adversely affected by automated credit systems rejecting potential customers, and that consumers are looking to borrow less per person, respectively.
Jon Wakefield named MD of Volvo Car UK
Volvo Car UK has named Jon Wakefield as its permanent managing director, effective immediately.
Codeweavers celebrates record August
Finance software provider Codeweavers deployed finance tools onto 51 dealer websites in August, described as a record performance.
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Cap hpi warns of future market volatility
Cap hpi has warned the industry to expect some pressure on used car values in the future, after a relatively stable August.
The importance of cost management in litigation
Katherine Clark, solicitor at Weightmans, looks at how judicial focus on proper case management has led to tighter controls on what constitutes proportionate costs
Online car finance for subprime applicants
Saad Ahmed speaks to Roman Danaev, founder and chief executive officer of new online subprime broker Financible.com, to find out more about the business and what he hopes to achieve.
End of the road for the company car?
The car sharing market, although still relatively small, has grown by 30% annually worldwide, and manufacturers and rental companies have been encouraged to invest significantly in the new industry. Saad Ahmed and Sotiris Kanaris investigate the developments and implications
Online asset conversion fraud remains a problem for subprime
A problem with online conversion fraud definitely exists, according to a number of subprime motor finance lenders Motor Finance has spoken to.