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SECCI comes into play for car finance customers

Car finance customers can now feel even more confident as the first guidelines for the new Standard European Consumer Credit Information (SECCI) were announced this week.

Car finance customers can now feel even more confident as the first guidelines for the new Standard European Consumer Credit Information (SECCI) were announced this week. The new law will start on 1st February and will help consumers gain a greater knowledge of how their credit is affected when applying for finance.

The SECCI guidelines will apply to car finance companies that provide the service to consumers. It seems that the power of knowledge and understanding will be a great leap in car finance applications as it will allow you to keep track of your financial decisions.

There will be much more to follow as SECCI turns into a reality.

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