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FCA issues warning on logbook loans

VULNERABLE people who use their car as security to take out a loan are finding themselves squeezed even harder financially and even threatened, the City regulator has found. The Financial Conduct Authority warned it will put firms offering logbook loans out of action if they do not "dramatically" improve their standards, after finding evidence of poor behaviour including little or no affordability checks being carried out and some applicants being encouraged to manipulate details of their income. It said lenders are failing to properly spell out exactly how expensive such debts will be, with the true cost often masked by an emphasis on "low" weekly repayments and key terms and conditions buried in small print.

Mitsubishi L200 Barbarian Review & Road Test (2010)

The Mitsubishi L200 Barbarian - Review & Road Test Meddling Governments have long distorted the car sales marketplace. Motorists are always seen as an easy target, and company car running motorists even more so. Since the last Labour lot came in there have been determined efforts to make the company vehicle an expensive luxury, despite the fact that many company vehicles are a necessity.

Suzuki Swift 4×4 arrives in the UK – costs from £11,516

New Suzuki Swift 4×4 (SZ4 pictured) arrives in the UK The Suzuki Swift is a fun little car and a great alternative to more mainstream options. And now you can have it with 4WD. The Suzuki Swift 4×4 has been announced for the UK – it’s already on sale in parts of Europe and Japan – adding the ability to cope with slippery surfaces with a bit more alacrity.