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) said on Sunday it was proposing a redress scheme for consumers with motor finance ...

Many motor finance firms were not complying with rules or the law by not providing customers with relevant information about ...

Any future motor finance compensation scheme for consumers in Britain would be substantially smaller than the payment ...

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

The UK's Financial Conduct Authority (FCA) plans a redress scheme following a Supreme Court decision regarding motor finance ...

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

The Financial Conduct Authority has confirmed it will consult on an industry-wide redress scheme following the Supreme ...

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

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

Klarna Group Plc said it has received an electronic money institution license for its UK division, which could lay the ground ...

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