FirstRand resumes writing new motor finance business in UK
07 November 2024 - 05:00
FirstRand’s UK motor finance company MotoNovo has resumed new business origination after a temporary halt while it updated its processes in response to an investigation by authorities on commissions paid to dealers.
MotoNovo’s update followed a decision by a UK court last week which ruled in favour of consumers in a matter involving FirstRand and Close Brothers...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.