Car Finance Fraud Encouraged By Lack Of Policing

Monday, 1. August 2011

Lamborghini Gallardo Spyder

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I travel quite a lot on the M25 and the M40 and see someone pulled over for speeding on nearly every trip, or should I say I used to. Just recently I have hardly seen any at all. I guess this must be as a result of Government cutbacks. It would also seem that fewer stolen cars are being found before being shipped out of the country because of Government Read more »

Will You Be Subject To Car Finance Fraud?

Tuesday, 6. July 2010

Financial Services Authority
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As most of you know the mortgage and financial services industry are regulated by the Financial Services Authority (FSA), for the time being at least until the new structure, as announced by the Chancellor, takes over fully in 2012. Cases of fraud are dealt with by both the FSA and the Office of Fair Trading(OFT) in conjunction with the police. However, whilst the OFT keeps a watching brief over the activities of those Read more »

Changing Your Car – Beware Of The Dangers

Friday, 27. February 2009

As times become more difficult people turn to desperate measures. Fraud is therefore on the increase. I am hearing each week about many more scams being uncovered. Small used car dealers can no longer get what is known as stocking finance. In the past the dealer would buy say £500,000 worth of cars and a lender would provide the money, charging an interest of say half a percent per month secured against Read more »