Tag Archives: loans

FCA Says Banks May Face At Least £9 Billion Bill on Car Loans – Bloomberg

FCA Says Banks May Face At Least £9 Billion Bill on Car Loans  Bloomberg UK Lenders Rally After ‘Huge Win’ in Motor Finance Court Ruling  Bloomberg Car finance redress plan ‘impractical’, says trade body  BBC The Guardian view on car finance scandal redress: mis-sold loans demand action, not excuses or spin | Editorial  The Guardian Victims of mis-sold car finance set to get less …

Read More »

Tomb Raider Composer Jailed For ‘Fraudulently Obtaining’ UK Government COVID-19 Loans

Tomb Raider Composer Jailed For ‘Fraudulently Obtaining’ UK Government COVID-19 Loans

Peter Connelly, a composer and sound designer best known for his work on the Tomb Raider series, has been jailed for “fraudulently obtaining” a loan from the UK government during the COVID-19 pandemic. In a statement from the UK’s Insolvency Service, Durham-based Connelly was said to have obtained a legitimate $29,500 (£22,000) government “Bounce Back” loan, and then again a …

Read More »

Trump’s new tax cuts include break for auto loans

Trump’s new tax cuts include break for auto loans

Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump’s new tax-cut law, many people for the first time also could claim a tax deduction for interest on their vehicle loans. The new tax break will be available even to people who don’t itemize deductions. But there are some caveats …

Read More »