Whilst the loan market in the UK overall is struggling to show signs of growth, as many individuals are being careful about taking out a new loan at the moment, due the uncertain economic conditions in the country, one area of the personal loans market is showing strong signs of growth. The car loan market has seen significant growth during the month of September, as many people rush out to buy a new registration car, according to the latest figures from the Finance and Leasing Association (FLA). The figures from the FLA have shown that the number of car loans and finance deals offered by car dealers during the month of September had increased by around 11 per cent over the same period twelve months earlier, with total new car loans worth £1.1 billion
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Car Loan Numbers Increase
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