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5min chapter
Fallout From the UK Car Financing Commission Scandal
Merryn Talks Money
Intro
This chapter explores the FCA's investigation into hidden commissions in UK car loans, particularly focusing on personal contract plans (PCPs). The discussion reveals how these commissions affect consumers' perceptions of fixed loan rates and compares PCPs to hire purchase agreements, highlighting the legal challenges posed by these practices.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode