Martin Lewis has warned that drivers could miss out on hundreds of pounds in car finance compensation for making a simple mistake. The Money Saving Expert founder suggested motorists tricked into signing up to ‘no-win, no-fee’ mis-selling claims may owe 30% of any compensation they receive to the claims firms. However, these claims firms are
The boss of one of the UK’s biggest banks has claimed there is no evidence customers were “harmed” as a result of the ongoing car finance compensation scandal. Charlie Nunn, head of Lloyds Bank, stressed investigations had shown customers had not been unfairly treated despite a probe into the sector by the Financial Conduct Authority (FCA).
Martin Lewis has given drivers an update over the car finance scandal, suggesting that it has the potential to result in a payout of billions of pounds. As the Supreme Court begins a three-day hearing over whether to overturn the Court of Appeal’s ruling that all car finance agreements that featured a hidden commission were