Still fuel in the tank of the motor finance commission claims story

The story so far in detail, and the question of whether there is scope for further potential challenges to the redress scheme asked.

Between April 2007 and October 2024, approximately 32.5 million regulated motor finance agreements were signed. The FCA estimates that more than three-quarters of these involved a commission payment from the lender to the broker, usually a car dealer, who arranged the credit.

In April 2017, the FCA announced a review of the motor

In

Free Trial

Register for free to keep reading.

To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.

  • Unlimited access to industry insights
  • Stay on top of key rules and regulatory changes with our Rules Navigator
  • Ad-free experience with no distractions
  • Regular podcasts from trusted external experts
  • Fresh compliance and regulatory content every day
Register for free Already a member? Sign in