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Martin Lewis sees ‘potential’ for doubling of motor finance claims

Summary by Motor Trader
Money expert Martin Lewis has hit the headlines again claiming that the Financial Conduct Authority (FCA) review of motor finance could see a doubling of claims. The FCA announced yesterday that it was consulting on giving finance houses more time to deal with commission complaints following a Court of Appeal ruling In Hopcraft, Johnson and Wrench, the Court of Appeal decided it was unlawful for car dealers to receive a commission from the lende…
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