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UK financial watchdog suspends car finance compensation scheme
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Guardian UK02.07.2026BusinessUnited Kingdom

UK financial watchdog suspends car finance compensation scheme

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The UK's Financial Conduct Authority's £9.1bn car finance compensation scheme, intended for motorists overcharged due to commission payments, has been partly suspended by a court order, delaying payouts until a hearing in December or February.

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The UK's Financial Conduct Authority's £9.1bn car finance compensation scheme, intended for motorists overcharged due to commission payments, has been partly suspended by a court order, delaying payouts until a hearing in December or February.

Read the full article on Guardian UK

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This article was originally published by Guardian UK.

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