The Finance and Leasing Association (FLA) has recently released the latest statistics relating to asset finance, consumer finance and car finance in September 2015. 

In summary the statistics show a 9% growth in consumer finance new business in the past year. Retail and online credit grew by 4% as well as the number of credit cards and personal loans.

Consumer finance for new cars increased by 10% in volume and 16% in value in September 2015, as compared to September 2014.  The percentage of 79.6% of private new car sales were financed by FLA members through dealerships, another record suggesting that consumers are more willing to purchase new cars on credit from private dealerships. The asset finance market has also grown for the twenty fourth consecutive month.