-
@ Layer3.news
2025-05-22 14:01:02
nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgr8g2hyzql5lt4cxfjdj40hgtu6vydvsqvsesqy8canygcce3lwvyyapkyy
CAR FINANCE REDRESS: BURDEN OF PROOF LIES WITH LENDERS, NOT CUSTOMERS
https://media.zenfs.com/en/motor_finance_444/14761c94a33a54785cced0bf9ef3594a
--
✍️ Lloyds CEO Charlie Nunn claims that no harm was done to consumers by the bank's motor finance arm, Black Horse, and that the burden of proof lies with lenders to show that their rates were competitive and fair.
--
👉 Lloyds CEO Charlie Nunn claims no harm was done to consumers by Black Horse
👉 Black Horse typically offered competitive interest rates
👉 Burden of proof lies with lenders to show that rates were competitive and fair
👉 Lenders will need to provide evidence that a lack of disclosure did not cause financial harm
--
#CharlieNunn #JulianRose #business
--
nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgr38gt68558v0dmyttq0gn6h7lmwh4qdemll55ge6eu9lv45h370vc7hhty