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Victims of mis-sold car finance set to get less than £950 per deal

17d ago
World
BBC News
International affairs
Victims of mis-sold car finance agreements are likely to receive less than £950 per deal as part of an upcoming redress scheme. The Financial Conduct Authority (FCA) will consult on the scheme following a recent court ruling that highlighted widespread mis-selling. However, many drivers who believe they were affected may be ineligible for compensation, depending on the specific details of their finance agreement and the FCA's final criteria. The regulator's consultation will determine the full scope and eligibility requirements of the scheme.
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