Highlights of Credit and Finance

February, 2016

Former HR Owen Director To Join Caffyns

Automobile dealership group Caffyns has actually lined up former HR Owen finance director Michael Warren to change its own finance director Mark Harrison this summer.Harrison is due to retire on July 31. Warren, who spent 21 years with the London-based luxury vehicle retail groupHR Owen up until leaving in April 2015, will join Caffyns on […]


Honda Cars India Ties Up With Lava Fincorp For Automobile Financing

NEW DELHI: Honda Cars India, on Saturday signed a memorandum of understanding (MoU) with Magma Fincorp Limited, a non-deposit taking NBFC, for funding their cars throughout India. Magma Fincorp Limited will offer automobilevehicle loan as much as 90 percent of the expense of the automobile, for period varying as much as 5 years. This center […]


Open The BestThe Very Best Automobile Finance Offer For You

Just lottery winners and a couple of other lucky souls will have the ability to pay for a brand-new vehicle in hard cash, so you have two options: get a loan from the bank or getget a car financing plan from a dealer. Loans from banks or cooperative credit union, even those marketed as vehiclevehicle […]


Dealership Finance Company Threatened By New Lows In High Street Loans

Dealerships are facing a brand-new risk to profit margins as unique research study reveals the effecteffect on specialist car financing take-up of aggressively low new High Street personal loan rates.The warning originates from brand-new and pre-owned automobile online range sales professional, which generates consumer sales orders for significant franchise has determined a significant […]


Subprime Lending Is Making Its Way Back To The Home Mortgage Market

An uptick in real estate demand is being fulfilledmet home loan originations for customers with less than best credit scores, however not without caution. Equifaxs National Consumer Credit Trends Credit report, which supplies population-level debt and financing insights from more than 210 million consumers, discovered that from January to October 2015, first home mortgage originations […]


Ways To Get The BestThe Very Best Plan On Lease Cars

We take a look at ways to get vehicle finance deals on contract hire, contract purchase and leasing, and ideas and techniques for the finest offer.


Honda Cars India And Magma Fincorp Bind For Automobile Financing Scheme

Japanese carmaker Honda has signed a memorandum of understanding (MoU) with Lava Fincorp Limited for formulating a finance plan for automobiles offered throughout India. This association is intended at making getting and funding of Honda vehicles a much easier process.Through this plan, clients can avail loans of up to 90 per cent on the cost […]


Namibia: Used Vehicle Market Gains Momentum

WesBanks information for January 2016 shows that 70 % of all applications gotten were for used cars, with 30 % of candidates seeking to buy brand-new. New car financing application volumes decreased 6.4 %, year-on-year, while development of 2.8 % was seen in used vehicle financing applications. WesBank anticipates a continued shift to the utilized […]


BMW Fined For Breach Of Vehicle Financing Rules

BMWs vehicle funding arm has been bought to engage an independent expert to examine its treatments, and been punched with its 2nd fine in 12 months, as the corporate regulatory authority actions up oversight of the German giant.Adding to the heat on the sectors providing practises, the Australian Securities amp; Investments Commission yesterday revealed it […]


Car Financing Broker Ramps Up Its Apprenticeships Scheme

An automobile financing broker has increase its apprenticeship programme as it looks to accept the Federal government’s vision of creating 3m apprenticeships by 2020. Operating in partnership with Apprenticeship College Positive Results, Carfinance247, based in main Manchester, prepares to produce a total of 30 apprenticeship positions over the next quarter, with 8 apprentices already in […]


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