According to reports from the car finance news, the Financial Services Authority has given a final notice to Fresh Start Car Credit Limited regarding a decision to cancel permissions relating to regulated activities.

The notice was issued earlier this year requiring the company to submit their Retail Mediation Activities Return. Reportedly, the company has failed to respond to repeated requests from the FSA to submit a RMAR.

The future of Fresh Start Car Credit presumably depends on their actions from this point in. The FSA regulates the UK vehicle finance industry amongst other financial services industry .