All articles by Jonathan Minter
Jonathan Minter
Jonathan is the editor of Motor Finance magazine. You can reach him at jonathan.minter@verdict.co.uk
Driving licence check code extended to 21 days
The Driver and Vehicle Licensing Agency (DVLA) has extended the time a driving license check code is valid from 72 hours to 21 days.
Sword Apak: Dealers increasing stock levels
Record new car sales and growing consumer confidence are causing dealers to borrow more in order to provide a wider range of stock, according to wholesale finance provider Sword Apak.
FLA: Used car finance growth slows in May
The number of used cars sold on finance in May 2015 was 92,431, up 3% year-on-year, according to the Finance & Leasing Association (FLA).
Black Horse launches online point of sale dealer tool
Black Horse, the motor finance arm of Lloyds bank, has launched Black Horse SignIt, an online tool enabling dealers to offer motor finance online to consumers.
Advantage in line for £34m windfall following S&U home credit sale
Credit provider S&U has said it plans to invest £34m in Advantage Finance, its subprime automotive finance company, following a conditional agreement to sell its home credit business, Loansathome4u, to Non-Standard Finance for £82.5m.
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FCA hires new director of supervision
Jonathan Davidson has joined the Financial Conduct Authority (FCA) as director of supervision retail and authorisations. He will take up the position in the autumn.
NACFB to hold EGM to focus on regulation
The National Association of Commercial Finance Brokers (NACFB) will hold an extraordinary general meeting on 23 September in the Hilton Metropole in Birmingham to help its members cope with the changes the association is planning on making in response to regulation.
FCA reports near £60m loss in line with expectations
The Financial Conduct Authority (FCA) posted losses of £58.3m for the year ending 31 March 2015, as a result of temporary costs associated with taking over the consumer credit industry regulation and an actuarial loss of £33.4m.
BMW FS: finance jargon baffles consumers
British motorists are frequently confused by motor finance jargon and are unable to confidently explain even some of the more commonly used terms, according to BMW Group Financial Services (BMW FS).
EDM: dealer service levels good, but room left for improvement
Slightly over one in three car buyers rated their car dealers service levels either very good or excellent in a poll of 1,063 people by market research company EDM in March.