City watchdogs could ban – irresponsible – car loans in fresh investigation
City watchdogs could ban ‘irresponsible’ car loans in fresh investigation "Irresponsible" car loans will be probed by the City watchdog amid suggestion that drivers could soon be made to pass mortgage-style affordability tests before leasing fresh motors. T he Financial Conduct Authority has announced that it is conducting a examine of the car lending market to establish whether firms should…