A recent Court of Appeal ruling has expanded the scope of car finance mis-selling claims, potentially leading to compensation payouts of up to £25 billion. The ruling highlights the need for informed consent regarding hidden commission payments in car financing….
MPs have urged customers affected by a car loan scandal to file complaints with their lenders regarding mis-sold finance agreements. The Financial Conduct Authority (FCA) has highlighted the complex issues surrounding hidden commission payments made to dealers, which were banned…
A recent Court of Appeal ruling has raised the possibility of delayed compensation payouts for car buyers mis-sold finance agreements linked to undisclosed commission payments. The Financial Conduct Authority is considering allowing dealers more time to handle complaints, which may…
Car buyers could experience delays in receiving compensation following a Court of Appeal decision regarding hidden commissions in finance agreements. The Financial Conduct Authority (FCA) is considering extending the time for car dealers to respond to complaints, which may further…
A recent Court of Appeal ruling has opened the door for motorists to seek compensation from car finance companies due to undisclosed commissions. Marcus Johnson, a claimant from Wales, discovered that his dealership received a 25% commission on his financing…
