Financial regulator adds UK car loans to household support strategy
(The Guardian Money News)

FCA reacts to surge in vehicle owners seeking help with repayments in £75bn marketCoronavirus - latest updatesSee all our coronavirus coverageThe financial regulator will add support for car financing to its temporary measures designed to help consumers facing financial difficulties due to the coronavirus crisis.There are growing concerns that some consumers in the UK´s £75bn car loan market will not be able to cover their monthly vehicle repayments, and the Financial Conduct Authority (FCA) said it was aware more help is needed. Continue reading...