All articles by Verdict Staff
Verdict Staff
Your view of the year that was
With new car sales continuing to grow, and the sale of motor finance (in both the new and used sector) growing at an even faster rate, 2015 has by and large been another successful year for the industry, building on the strong foundations of 2014. Yet challenges remain. Six leading experts offer their opinions on the past 12 months.
New ways of keeping score
While virtually all lenders in the UK rely on traditional credit bureaus to assess a consumers risk, a new generation of companies are rising which are looking to utilise new technologies and techniques to supplement the traditional credit scoring method. Jonathan Minter investigates
Fight back against motor finance fraud
Despite motor finance fraud incidence being low, it is costly for industry players. Through interviews and views expressed at Leaseuropes Conference on Fighting Fraud in the Leasing Industry in Brussels on 17-18 November, Sotiris Kanaris analyses the markets response
Renault and Nissan boards vote to continue alliance
The Renault-Nissan alliance, first agreed in 1999, is set to continue after the Board of Directors at Nissan and the Board of directors at Renault voted to reiterate the Alliance for the future.
BCA Marketplace revenues break half a billion pounds in nine months
BCA Marketplace has reported its revenue for the first nine months of 2015 reached £546.3m.
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Irish market sucking diesel
There are few sectors of the Irish economy where increasing consumer confidence is more evident than in the motor trade. Paul Golden reports
Subprime product designed for LCVs
Moneybarns commercial director Shamus Hodgson talks to Sotiris Kanaris about the companys new light commercial vehicle finance offering and the reasons behind its launch
Here comes the slowdown – what’s next?
For the first time in over three-and-a-half years, October saw year-on-year new car sales decline.
Should finance houses worry about digital?
The new Consumer Rights Act 2015 has been in force since 1 October. There have been many articles written about the new rights and remedies for consumers but, in my opinion, one of the biggest changes is likely to have a huge commercial impact on motor finance providers, and that is the new digital content provisions.
Supreme Court confirms penalty clauses test
The Supreme Court has restated the principles underlying the rule against penalties in the conjoined appeals of Cavendish Square Holdings BV v Makdessi and ParkingEye Limited v Beavis.