Motor Finance Compensation: FCA Forces Firms to Pay Compensation Even Without Records
If you financed a car between 2007 and 2020, you could be in line for compensation worth nearly £1,000. And thanks to a new ruling, motor finance companies can’t escape paying you back by claiming they’ve “lost” your paperwork. Millions of UK drivers were secretly overcharged through car finance mis-selling, where brokers inflated interest rates…