News

Car Finance

August 4, 2025

|

The Sun

BANK ON IT Major bank sets aside £1.2billion for car finance payouts after plans for compensation scheme announced

A BIG bank has set aside £1.2billion to pay to victims of the car finance scandal...

Car finance shares soar after mis-selling ruling - but analysts warn of compensation shortfall

FCA plans to consult on scale of compensation after Supreme Court ruling...

Car finance claims

If you've used car finance, you may be owed compensation. Find out how to complain and what to expect.

*In its overview of a proposed motor finance redress scheme, the Financial Conduct Authority has stated that most individual consumers will likely receive less than £950 per agreement.
‍
Reclaim My Money Limited is authorised and regulated by the Financial Conduct Authority in respect of regulated Claims Management Activity FRN: 934965. Registered under the Data Protection Act 2018, Reference ZB630486. Reclaim My Money Limited is registered in England and Wales company number 12838621. 85 Gresham Street, London, EC2V 7NQ.

News

BANK ON IT Major bank sets aside £1.2billion for car finance payouts after plans for compensation scheme announced

Car finance shares soar after mis-selling ruling - but analysts warn of compensation shortfall

Car finance claims

Contact

Pages

Links