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The Independent UK
The Independent UK
Rebecca Whittaker

Car loan scandal: What supreme court ruling means for UK motorists

the Court of Appeal the Supreme Court Amy Hopcraft Andrew Wrench Marcus Johnson Martin Lewis FCA FirstRand

Millions are set to miss out on car finance compensation after the Supreme Court ruled lenders are not liable for hidden commission payments in car finance schemes.

The Court of Appeal ruled in October last year, that “secret” commission payments to car dealers as part of finance arrangements made before 2021 without the motorist’s fully informed consent were unlawful.

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