July 3, 2020 / 6:07 AM / a month ago

BRIEF-Britain to extend pandemic relief in auto finance to October 31

July 3 (Reuters) -

* FCA ANNOUNCES PROPOSALS TO FURTHER SUPPORT MOTOR FINANCE AND HIGH COST CREDIT CUSTOMERS

* FCA SAYS PROPOSALS TO PROVIDE CONTINUED SUPPORT FOR USERS OF MOTOR FINANCE AND HIGH COST CREDIT PRODUCTS,

* FCA SAYS PROPOSALS OUTLINE OPTIONS FIRMS WILL PROVIDE MOTOR FINANCE, BUY-NOW PAY-LATER (BNPL), RENT-TO-OWN (RTO) AND PAWNBROKING CUSTOMERS WHO ARE COMING TO END OF A PAYMENT FREEZE

* FOR CUSTOMERS YET TO REQUEST A PAYMENT FREEZE, TIME TO APPLY FOR ONE WOULD BE EXTENDED UNTIL 31 OCTOBER 2020 Source text for Eikon: Further company coverage: [ ] (Reporting By Huw Jones)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below