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

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

The financial services regulator will consult on a redress scheme for motorists following a court ruling, though many drivers ...

Britain's Financial Conduct Authority (FCA) said on Sunday it was proposing a redress scheme for consumers with motor finance ...

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

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 ...

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

MILLIONS of drivers will get compensation as plans for an industry-wide refund scheme were revealed by the city watchdog. The ...

Thousands of motorists who bought cars on finance before 2021 could be set for payouts as the Financial Conduct Authority ...

The FCA said many car finance firms were not complying with rules or the law by not providing customers with relevant ...

Consumers could still be due a payout despite the Supreme Court ruling two of the three cases brought before them had ...

The FCA currently estimates that most individuals will probably receive less than £950 in compensation. The final total cost ...