The Financial Conduct Authority has announced that a full representative example and APR is no longer needed in an ad where there are no credit charges and the APR is 0%.
This new rule applies to all 0% finance offers in any medium.
The decision follows consultation which began in December. The FCA said then the rule on representative examples served no useful purpose.
If you are not a registered user your comment will go to AM for approval before publishing. To avoid this requirement please register or login.
Login to comment
No comments have been made yet.