The Guardian Australia – Business
·business
·3 hours ago
FCA faces four lawsuits over £9.1bn compensation scheme for car loan victims
The UK Financial Conduct Authority faces four lawsuits challenging its £9.1bn motor finance compensation scheme. Consumer group Consumer Voice and lenders Volkswagen Financial Services, Mercedes-Benz Financial Services and Crédit Agricole Auto Finance filed the challenges, claiming the program either shortchanges victims or is unlawful.
Summary by Glance · The Guardian Australia – Business
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