The maximum loan-to-value (LTV) ratios permitted for auto loan financing are typically much higher than residential mortgage loans. LTV ratios greater than 100% are common. In addition to 100% of the vehicle being financed, add-ons and insurance may also be included in the auto financing. ...
The RBS report identified issues which it said gave rise to concerns that third-party service providers ‘may be too ready to see the bank’s point of view.’ Most would expect that a service provider would work hard to see things from a clients’ point of view however, so it is not ...