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Yet another funder pulled out of the market last month. HSBC has been a bit of a mystery because whilst they appeared to have a fleet of 33,000 vehicles out on contract the contracts weren’t with them at all. The scheme known as undisclosed agency meant that whilst the documentation showed the name of HSBC the agreements were actually underwritten by Lex Autolease. This ‘outsourcing’ started in 2005 Read more »

The Office of Fair Trading (OFT) is launching its 2010 Scams Awareness Month by highlighting how scammers are targeting unsuspecting people using increasingly sophisticated and manipulative techniques. New research carried out on behalf of the OFT shows the scale and types of scams carried out by post, email, text, phone or Internet aimed at vulnerable people and getting them to part with cash or personal Read more »