PCP car loans study calls for checks

Lenders should be required by the Central Bank to check if customers taking on personal contract plans (PCPs) can afford the car loans and more comprehensive research by the watchdog is needed.

PCP car loans study calls for checks

By Pádraig Hoare

Lenders should be required by the Central Bank to check if customers taking on personal contract plans (PCPs) can afford the car loans and more comprehensive research by the watchdog is needed.

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