A compensation scheme to pay out drivers who were mis-sold car loans could cost as much as £18 billion, the financial ...

Britain's Financial Conduct Authority (FCA) on Sunday proposed a redress scheme for consumers with motor finance compensation ...

Banks will pay out “substantially less” compensation for hidden commission in car finance loans than they did during the ...

Hidden commissions on car loans have been ruled as not unlawful, but the financial services regulator has proposed a ...

It comes after the Financial Conduct Authority (FCA) said it will consult on a redress scheme for motorists who bought cars ...

Millions of drivers could be owed a share of up to £18bn after the Financial Conduct Authority (FCA) announced it will ...

A compensation scheme over car finance mis-selling has been proposed by the financial regulator. It comes after a Supreme ...

LONDON] Britain’s Financial Conduct Authority (FCA) on Sunday proposed a redress scheme for consumers with motor finance ...

The Financial Conduct Authority will consult on a redress scheme to guide banks on how they should compensate customers that were missold used car loans, which could leave the lenders on the hook for ...

British finance firms behind high interest car loans could have to pay out more than nine billion pounds ($12 billion) in ...

The regulator has confirmed it intends to publish its consultation by early October, aiming to launch the compensation scheme ...