Monday Announcement for Drivers as Dates Confirmed for £829 Payouts

Millions of drivers set for £829 payout soon as car finance compensation scheme confirmed

Millions of drivers could soon be paid compensation for the car finance scandal as the industry confirmed that it would not challenge the regulator's redress scheme.The Finance and Leasing Association has confirmed that it will not be mounting a legal challenge to the Financial Conduct Authority's compensation scheme.The UK regulator announced last month that it would introduce a compensation scheme for motorists impacted by the car finance scan…

Monday announcement for drivers as dates confirmed for £829 payouts

A major hurdle has been removed, meaning the scheme should be able to begin

Millions of drivers set to receive £829 after major car finance update

Santander, Barclays and Lloyds have accepted the Financial Conduct Authority’s scheme

Monday update for drivers sees dates set for £829 payments

The Finance and Leasing Association (FLA) has confirmed it will not challenge the FCA's £9.1 billion motor finance compensation scheme

Major Monday update for drivers set to receive £829 as barrier cleared

A major hurdle has been removed and payments could begin soon

Key Monday update as millions of drivers set to receive £829

A major hurdle has been removed and payments could begin soon