bbc.com

Fears of Payout Delays in Car Loan Commission Scandal

Marcus Johnson’s case highlights a significant car loan commission scandal where lenders allegedly hid payment details from buyers. A recent Court of Appeal ruling in his favor raises hopes for compensation for millions of affected motorists, but the financial industry is concerned it may require Supreme Court intervention, potentially delaying payouts. Analysts estimate the compensation could reach £30 billion, affecting numerous finance deals as the industry grapples with calls for transparency in commission disclosures.

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