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The Independent UK
The Independent UK
Albert Toth

Drivers warned over car finance scammers after court ruling

Drivers have been warned to watch out for scammers that are seeking to take advantage of the recent landmark ruling on mass instances of car finance mis-selling in the UK.

The Financial Conduct Authority (FCA) has told motorists that it will be consulting on a compensation scheme for those who have been affected by the issue, which it says could cost finance lenders up to £18 billion.

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