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Motorists who bought cars on finance could share in billions
Motorists who bought a car on finance could share in billions of pounds in compensation following a landmark test case. When Marcus Johnson, 34, from Cwmbran, Torfaen, bought his first car - a Suzuki Swift - in 2017,
U.K. Regulator to Consult on Extension for Motor-Finance Complaints
The regulator on Wednesday said that the decision follows last month's court of appeal's judgment in three cases related to motor-finance arrangements and the discussions it has had with industry members.
Britain's FCA proposes motor finance complaints extension
Britain's Financial Conduct Authority said it would consult on extending the time firms have to respond to complaints about motor finance commissions, pending a legal appeal that could pave the way for a multi-billion pound consumer redress scheme.
1d
Martin Lewis says car finance customers now 'more likely' to secure £1,100 payout
The FCA's investigation into car finance firms continues with Martin Lewis more confident than ever that motorists will ...
Hosted on MSN
1d
Britain's car finance industry is in crisis – with banks bracing for billions in payouts
The crisis stems back to a landmark judgement from the U.K.'s Court of Appeal in late October, when the court ruled it was ...
AutoExpress
1d
Car finance scandal firms given more time to process complaints by FCA
As much as £16 billion could be up for grabs for car finance customers affected by discretionary commission arrangements ...
2d
Martin Lewis warns car finance payouts could backfire with ‘higher costs’ for motorists
Martin Lewis has opened up on the impact the Financial Conduct Authority's car finance investigation could have on road users ...
2d
Money blog: 'Huge news' as 'almost everyone' who bought car finance could soon be due potential refund
Thousands more drivers who bought car finance could be due money back after an announcement by the regulator, consumer ...
moneysavingexpert.com
3d
Huge car finance mis-selling update
A major investigation into hidden, unfair
car finance
commission has had a huge update, which MoneySavingExpert.com founder ...
2d
Millions more drivers could get compensation as major car finance scandal update issued
Consumer champion Martin Lewis told ITV Good Morning Britain that the regulator is now 'paving the way' for all car finance ...
Car Dealer Magazine
2d
Martin Lewis says car finance scandal could double in size as FCA extends scope of investigation
Money saving expert Martin Lewis has once again weighed into the car finance crisis, claiming that the scandal could be about ...
3d
UK watchdog urges Supreme Court to act as $21 billion motor finance scandal looms
Britain's Financial Conduct Authority is pressing the Supreme Court to expedite a decision to permit lenders to appeal a ...
Bloomberg L.P.
3d
UK’s FCA to Ask Top Court to Move Quickly on Motor Finance
Investors have been closely following the cases — which involve the lenders Close Brothers Group Plc and South Africa-based ...
2d
Martin Lewis: 'All' drivers with car finance complaints could receive compensation
The UK regulator warned that car finance providers are likely to see a significant influx of complaints over alleged ...
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