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. © Shoosmiths LLP 2024.