Car finance payouts hang in the balance ahead of legal battle
The Financial Conduct Authority (FCA) told motor finance firms to prepare for the possible scenario that its redress scheme will not go ahead at all.
FCA warns on car finance payouts
- FCA issues warning over car finance redress scheme as legal battle could see UK drivers denied compensation The Independent —
- Car finance payouts hang in the balance ahead of legal battle LBC —
- Drivers left in limbo as FCA confirms delay to £829 car finance compensation Birmingham Live —
- Motor finance compensation scheme hanging by a thread amid legal row City AM —
- Car finance payouts hang in the balance ahead of legal battle The Standard —