Motor finance companies need to adopt technology that allows them to credit check a potential customer without leaving a footprint on their file, says Startline Motor Finance. CEO Paul Burgess explained that multiple footprints on customer files held by credit checking agencies tended to lead to a reduced credit rating – but that in 2016, with more and … [Read more...]
Brexit boost to used car sales
The decision to leave the EU could provide a boost to the used car sector at the expense of new car sales, predicts Startline Motor Finance. The company believes that the economic conditions already resulting from Brexit – especially the weaker pound and higher cost of capital – will make it very difficult for motor manufacturers to continue offering the … [Read more...]
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