THE Financial Ombudsman Service has updated its guidance on affordability.

For leasing brokers this can be a key issue when talking to potential customers about a lease deal.

In particular, those personal leasing customers who may be at the limits of their affordability boundaries with no latitude for upkeep of the vehicle – such as servicing or new tyres should they be required.

Read up on the new guidelines.

Updated affordability guidance

Read the updated guidance here

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