Millions could be entitled to compensation as a result of commission arrangements between lenders and dealers.
Financial Conduct Authority says millions of claims will be paid up this year and vast majority settled by end of 2027 ...
Fraudsters are posing as car finance lenders with bogus offers of compensation, consumers are being warned. The Financial Conduct Authority (FCA) in Britain said it has received recent reports of ...
This is despite the FCA making a number of changes to the scheme, compared to its original proposals set out last year.
If you took out car finance between 2007 and 2024, you could be owed compensation. The FCA has finalised a £9 billion scheme ...
Drivers have told the BBC about their hopes to finally be paid compensation for mis-sold car finance. The Financial Conduct ...
Drivers who think they are owed compensation from their motor finance provider don’t need to use a claims management company (CMC) or law firm to get a payout, the Financial Conduct Authority (FCA) ...
Car finance compensation scheme: How will redress work and who is eligible? - An estimated 14 million people are due payouts ...
Car finance compensation: Could I be owed money and what should I do? - The FCA is launching a £7.5 billion compensation ...