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Motor finance and the draft FCA guidance

Asset finance partner, Melanie Chell, looks at the new draft FCA guidance for motor finance in this short video clip.

Melanie gives her thoughts and insights on the contents of this temporary guidance, in particular:

  • Whom it applies to
  • Payment holidays/ forbearance
  • Repossessions
  • Interest
  • What to do next

Watch the video below. Things are changing all the while so do get in touch with Melanie if you’d like any further insight or updates.

 

NB. This video was filmed in the office as Mel was supervising essential work.

Disclaimer

This information is for educational purposes only and does not constitute legal advice. It is recommended that specific professional advice is sought before acting on any of the information given.

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