The Telegraph
Subtopic iconFinance
Region iconUnited Kingdom
Drivers ‘owed hundreds of pounds more’ in motor finance scandal

Drivers ‘owed hundreds of pounds more’ in motor finance scandal

Drivers who were mis-sold car finance should be getting hundreds of pounds more in compensation, a consumer group has claimed, as it prepares to take the City watchdog to court because of its £9.1bn redress scheme. Consumer Voice accused the Financial Conduct Authority (FCA) of siding with lenders in how its compensation scheme was designed for millions of drivers who were mis-sold car finance.

22h ago

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Drivers ‘owed hundreds of pounds more’ in motor finance scandal