Firm which buys new cars and leases them to consumers with poor credit rating criticises ‘bizarre’ decision
The City regulator has halted new business at a company that promises bumper returns from a car hire scheme aimed at people with poor credit ratings, prompting a backlash from the firm at the “bizarre” decision.
The Financial Conduct Authority (FCA) said it was concerned about the “viability” of Buy2LetCars, after raising regulatory concerns with directors.
