{"id":59554,"date":"2017-07-02T17:44:35","date_gmt":"2017-07-02T10:44:35","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/mps-and-charities-urge-car-leasers-to-publish-sub-prime-loan-figures\/"},"modified":"2017-07-02T17:46:17","modified_gmt":"2017-07-02T10:46:17","slug":"mps-and-charities-urge-car-leasers-to-publish-sub-prime-loan-figures","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mps-and-charities-urge-car-leasers-to-publish-sub-prime-loan-figures\/","title":{"rendered":"MPs and charities urge car leasers to publish sub-prime loan figures"},"content":{"rendered":"


\nFears over lending grow as 85% of new cars are financed using loans but car leasing lacks industry-wide figures for arrears and defaultsMPs and debt charities have called on the car leasing industry to reveal the number of people in arrears and defaulting on loans, amid fears that consumer lending is returning to levels seen before the 2008 financial crash.More than 85% of new cars in the UK are financed using loans \u2013 up from just over half in 2009 \u2013 but a lack of industry-wide figures sets car leasing apart from other sectors in the financial services industry that publish figures for arrears and defaults. Continue reading…
\n
\nSource : theguardian.com
\nRead more…MPs and charities urge car leasers to publish sub-prime loan figures<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Fears over lending grow as 85% of new cars are financed using loans but car...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-59554","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-fuy","jetpack-related-posts":[{"id":9896,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/struggling-generation-rent-is-being-driven-into-debt\/","url_meta":{"origin":59554,"position":0},"title":"Struggling generation rent is being driven into debt","date":"April 4, 2016","format":false,"excerpt":"\r Figures from charities reveal how people unable to get on the housing ladder are under pressure from overdrafts, loans and arrears in rentWith a soaring number of tenants falling into financial difficulties as they battle increasing rental costs, charities have identified a \u201cworrying trend\u201d of escalating debt for those\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43637,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-car-loans-driving-us-towards-the-next-financial-crash\/","url_meta":{"origin":59554,"position":1},"title":"Are car loans driving us towards the next financial crash?","date":"February 10, 2017","format":false,"excerpt":"\r Fears are being raised that a boom in personal contract plans is fuelling another colossal build-up of debt in UK and US A huge increase in the amounts borrowed by already-indebted households in Britain and the US to buy new vehicles is fuelling fears that \u201csub-prime cars\u201d could spark\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60184,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-cheap-car-loans-steer-britain-to-a-financial-crash\/","url_meta":{"origin":59554,"position":2},"title":"Will cheap car loans steer Britain to a financial crash?","date":"July 8, 2017","format":false,"excerpt":"\r The car-led consumer credit explosion must be controlled, perhaps by bringing in affordability rules as with mortgagesIf you think Britain is teetering on a cliff-edge of impossibly high personal debt, then the website of The Car Finance Company will confirm your worst fears. Maybe you don\u2019t have a job\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89594,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fca-urged-to-extend-cap-on-payday-loan-fees-to-other-forms-of-credit\/","url_meta":{"origin":59554,"position":3},"title":"FCA urged to extend cap on payday loan fees to other forms of credit","date":"May 27, 2018","format":false,"excerpt":"\r Debt charities and MPs want action when City watchdog\u2019s 18-month review is publishedThe City watchdog is facing mounting pressure to extend its cap on payday lending fees and interest to a broader range of high-cost financial products before a major review of lending practices this week. Debt charities and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1593,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/car-loans-drive-surge-in-uk-consumer-borrowing\/","url_meta":{"origin":59554,"position":4},"title":"Car loans drive surge in UK consumer borrowing","date":"January 15, 2016","format":false,"excerpt":"\r Personal loans and credit card borrowing jumped in November, says Bank of EnglandA surge in loans for new cars was behind a big increase in lending to households, according to Bank of England figures, which may raise fresh fears that families are falling into the trap of debt-fuelled spending.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":66996,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/young-people-worst-affected-by-debt-crisis-say-charities\/","url_meta":{"origin":59554,"position":5},"title":"Young people worst affected by debt crisis, say charities","date":"September 20, 2017","format":false,"excerpt":"\r Rent arrears, benefit changes and insecure work contributing to rise in number of young people seeking adviceDebt charities have reported a jump in the number of young people seeking help with bad debts as growing numbers of under-30s struggle to pay household bills, interest on bank overdrafts and rent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/59554"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=59554"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/59554\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=59554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=59554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=59554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}