All news on the topic: Nikhil Rathi
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£7.5bn motor finance scandal sees millions owed payouts as FCA unveils compensation plan
Compensation payouts are due on around 12.1 million unfair motor finance deals, at an average of £829 each, the financial watchdog has said as it unveiled the final plans for its redress scheme.
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FCA unveils £8.2bn redress scheme for unfair car loans affecting 14 million consumers
Millions of consumers could be eligible for £700 payouts after the City watchdog outlined compensation plans for the car finance scandal.
03.07.2026, 21:19 • World
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