Monday, 13. December 2010
Recently we have seen another couple of leasing companies amalgamate reducing the competition in the marketplace. This isn’t good news for the industry and it certainly isn’t good news for the customers as it continues to erode the competition. There are also fewer leasing companies dealing with brokers and the withdrawal of consumer business by some, most notably Lombard, has resulted in a major contraction of the UK lease market and fewer great deals available. There has been an Read more »
Monday, 24. May 2010
Hitachi Capital Vehicle Solutions have warned drivers to ensure that they don’t risk their lives and the lives of others by missing services on cars. In a study carried out by Ford it was shown that 15% of Britons miss out a service in order to save money during this recession whilst 18% don’t have breakdown cover. The biggest culprits are the 18-24 age group who miss services with over a third not having a breakdown Read more »
Monday, 23. November 2009
Brokers don’t work for the leasing companies, they actually work for their clients, in the same way as an accountant or a solicitor does but without the need for a qualification, just a Consumer Credit Licence, which can be obtained fairly easily if the program about loan sharks aired by BBC’s Panorama is anything to go by. When I started as a broker, many years ago, the situation was the same, we worked for our Read more »