March 14, 2025

consumer rights

Finance

How to tell if you’re one of millions who could be owed compensation over huge car finance mis-selling scandal

MILLIONS of borrowers could be set to receive thousands of pounds in compensation due to the car finance mis-selling scandal. The Financial Conduct Authority (FCA) launched an investigation last year into whether motorists were unknowingly overcharged when they took out car loans. 1 The investigation focuses on past practices where banks allowed car dealerships and brokers to set their own interest

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