Author: Richard Pinch

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Industry News

The Extended FCA Motor Finance Redress Consultation: What the Extra Time Means for Lenders

Earlier this month, the FCA extended its motor finance redress consultation deadline to 12 December 2025. The regulator said the move reflects feedback from lenders, manufacturers and consumer groups that requi...

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Credit Risk & Lending

FOS Reports Surge in Irresponsible Lending Complaints – What Firms Need to Do on Remediation

The Financial Ombudsman Service (FOS) has reported its highest case volumes in six years. In 2024/25, consumers lodged 305,726 complaints – a 54% increase on the 198,798 recorded in 2023/24, and the highest lev...

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Credit Risk & Lending

Motor Finance Redress: What the 1 August Ruling Means – and What Lenders Should Be Doing Now

On Friday 1 August 2025, the UK Supreme Court issued a landmark judgment on commission arrangements in the motor finance sector. This ruling followed an earlier Court of Appeal decision that raised alarm across...

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