A third (34%) of drivers are unaware they may be entitled to compensation due to historic discretionary commission arrangements (DCAs), according to a new survey by direct-to-consumer online lender Carmoola.
Car finance fintech Carmoola has appointmed Dan Kellett as its new director of lending and data analytics.
The fintech firm Carmoola claims it will be offering "dealership-beating car finance rates" to win over car buyers now it has secured a major new debt facility worth £100 million with NatWest.
New data highlights the significant depreciation of electric vehicles (EVs) compared to traditional petrol and diesel cars, with electric cars dropping in value by an average of £11,225 over the first three years.
Car fintech Carmoola has joined Zuto’s marketplace of lenders in a bid to connect with a broader audience through multiple channels.
New analysis by finance lender Carmoola in collaboration with valuation specialist Brego has identified the Peugeot 208 as the car buyer’s favourite model.
Motor finance firms are exploring the role of AI (artificial intelligence) in supporting car loan sales and FCA regulatory compliance
Lloyds Banking Group has allocated £450 million to cover potential expenses related to regulatory investigations into historic motor finance commission deals.
Carmoola, the online car finance start-up has secured a further £15.5 million in venture capital funding.
Car finance fintech Carmoola is claiming achieved an industry-first integration with Apple Pay allowing customers to pay directly through their Apple Wallet.
