Sunday, 21. November 2010
We all know the expression ‘A little knowledge is a bad thing,’ and it couldn’t be more true at the moment in the area of car leasing. As small businesses and consumers look for ways to reduce their costs, car leasing is being discussed more and more, then armed with sketchy information many are embarking upon leasing without knowing exactly what they are getting into. This isn’t being helped by confusing and conflicting advertising on the Internet as well as some very strange promotions Read more »
Wednesday, 17. March 2010
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 »
Monday, 15. February 2010
There has been an upsurge in companies known as claims management companies who claim to rid you of credit card and loan debt by claiming that contracts are ‘unenforceable’. In an investigation the BBC found that some firms were claiming very high success rates as high as 93% but when pushed could not provide evidence of anything like that. They were also accused of using misleading statements by Read more »