Dorset Loans News (United Kingdom)

European car loan customers are set to receive better protection as of February 1, 2011 when the new Standard European Consumer Credit Information guidelines start governing how loan applications are handled by brokers and loan providers.

Now dealers can offer car finance in confidence because as soon as they enter the customer’s details into the new Dealerplus software, they are given an instant choice of available lenders to the customer.

The BMW 3 series has topped the list of used cars bought using car finance in 2009 according to an announcement by Creditplus, a leading car finance provider.

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