UK car loans02 Jul
A court paused UK car loan compensation. Past payout bills mostly ended far higher.
A tribunal paused parts of the regulator FCA's £9.1bn car finance compensation scheme on 2 July. 4 challenges will be heard in December or February.
2 of 3The two biggest redress programmes ended several times above their first estimates. Only the swaps scheme was near plan.
Will the FCA's confirmed redress bill exceed £10bn?
History2 of 3