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The Independent UK
The Independent UK
Business
Anna Wise

Mercedes-Benz among firms to challenge FCA car finance compensation scheme – here’s what to know

Mercedes-Benz and two other lenders are set to challenge the financial watchdog’s compensation scheme for motorists mis-sold car loans.

The Financial Conduct Authority (FCA) faces a legal battle over its redress programme, as a consumer group has also lodged an appeal.

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