Live Breaking News & Updates on Caerus Capital

Stay updated with breaking news from Caerus capital. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Coronavirus pandemic drives growth in subprime car finance


Click the thumbs up >
Demand for subprime lending has more than doubled in the last year, according to motor finance broker Caerus Capital.
It says the coronavirus pandemic has driven a 112% uplift in demand for subprime car finance, as more households suffer reduced credit scores.
Ben Maguire (pictured), commercial director of Caerus Capital, said: “The pandemic has caused financial hardship for many families and young professionals who have been furloughed or made redundant over the last 12 months. Recent figures from the Financial Conduct Authority estimate that nearly a third of adults have seen their incomes impacted by the coronavirus pandemic. ....

United Kingdom , Ben Maguire , Financial Conduct Authority , Office For National Statistics , Caerus Capital , East Midlands , ஒன்றுபட்டது கிஂக்டம் , பென் மக்வைர் , நிதி நடத்தை அதிகாரம் , அலுவலகம் க்கு தேசிய புள்ளிவிவரங்கள் , கிழக்கு மிட்லாண்ட்ஸ் ,