Changes to the original scheme are a result of “conflicting feedback from consumers, their representatives, firms, manufacturers and industry bodies,” the FCA has said.
The UK’s financial regulator has made a landmark announcement in the controversial motor finance saga, paving the way for millions of customers to get compensation for being sold unfair car finance loans by lenders and brokers.
More than 12 million people who were mis-sold such agreements over multiple years will
On
Read more articles like this one with our free plan, or get our Premium plan for access to all content – including our 5,000+ article archive, exclusive interviews, podcasts, and more.
