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Evening Standard
Evening Standard
National
Callum Parke

Lenders do not owe millions compensation over car finance, Supreme Court rules

Millions of motorists are now no longer in line to receive compensation (Andrew Matthews/PA) - (PA Archive)

Lenders have avoided potentially having to pay compensation to millions of drivers, after the Supreme Court ruled they are not liable for hidden commission payments in car finance schemes, but some motorists may still receive payouts.

The UK’s highest court ruled that car dealers did not have a relationship with their customers that would require them to act “altruistically” in the customers’ interest.

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