We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Hitting the skids

8 July 2020 By Aimee Donnellan

The Financial Conduct Authority is forcing big auto-finance players to freeze customer payments. The losses mean they may have to buy back more of the loans in securitisations that helped fuel the market’s breakneck rise. That in turn will make it harder to fuel future growth.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)