RE: ANYONE KNOW WHY SP IS UP ?1 May 2025 08:55
I wondered about the SC decision last night. why it would take them say 3 months to opine. to me it is fairly clear cut in terms of do consumers rely on dealers to give them the best deal or not, etc. i still dont understand how credit providers get sucked into the situation as they provide loans to consumers and it is you as the consumer who should shop around to get the deal that works for you, akin to people needing a mortgage to fund a house purchase. it is your look out what you decide upon.
anyhoo, its not far off the decision, i wonder if talks are taking place offsite between the SC and UK government and FCA as to how to deal with this in an equitable manner for all concerned. just my thoughts