Tag: loan

’Outrageous’ car loan commission banned

Image copyright Getty Images Car loans that hand salespeople more commission if they charge higher interest rates are to be banned from next year. The Financial Conduct Authority (FCA) reckons the ban will save customers £165m a year in total, or around £100-£200 on a loan. The ban is long overdue, said debt experts, with Citizens Advice Scotland dubbing the… Read more →