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Car finance case could spark billions in driver payouts

A Court of Appeal ruling declared that hidden commission payments to car dealers are unlawful, affecting many consumers.
Lenders have set aside significant funds for potential compensation to customers due to this ruling.
The Supreme Court will review this matter, with a decision expected to impact future cases nationwide.
If the Supreme Court agrees, compensation could reach tens of billions of pounds.

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UK Court to Decide If Car Buyers Deserve Billions in Compensation

It’s long been common practice for lenders to pay UK car dealers to sell their loans to motorists, often without their knowledge.

18 hours ago·United States

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Car finance mis-selling scandal - how to find out if you're owed £1,000s

The car finance mis-selling scandal has seen many drivers left out of pocket - and could land lenders with big compensation bills after a UK Supreme Court judgement later this year

18 hours ago·Wales, United Kingdom

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Refinancing a Car Loan in 6 Steps - NerdWallet

Refinancing a car loan doesn’t take long from application to approval. Here are six steps that walk you through refinancing a car.

11 hours ago

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Total News Sources24

Leaning Left7Leaning Right9Center6Last Updated11 hours agoBias Distribution

41% Right

Bias Distribution

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41% Right

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Watauga Democrat broke the news in Calhoun, United States 4 days ago on Friday, March 28, 2025.

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