ON
← Nazaj na pregled
UK drivers mis-sold car finance face longer wait for compensation payouts
United Kingdom🏛️ Politikavčeraj

UK drivers mis-sold car finance face longer wait for compensation payouts

The UK's Financial Conduct Authority (FCA) has paused payouts under its £9.1 billion car finance redress scheme due to legal challenges from four companies, including Volkswagen, Mercedes-Benz, Credit Agricole, and Consumer Voice. These firms argue the scheme's rules are unlawful and seek to have it overturned. Payouts, originally planned to start this year, are now delayed, affecting approximately 12.1 million eligible customers who could receive an average of £829 each. The Upper Tribunal will review the legal challenges in late 2025, with a decision expected shortly after. If the scheme is upheld, payments could resume in 2027. If overturned, the FCA may shift to a complaints-based system, potentially leading to handling 19 million individual cases over three years at a cost of £6 billion.

Kako je poročala vsaka stran

Isti dogodek, razvrščen po političnem nagibu medijev, ki so o njem poročali.

Kako je poročala vsaka stran

Podprite neodvisne novice z zavedanjem pristranskosti in odklenite družbeni utrip, glasovanje skupnosti in svoj prilagojen pregled Zame.

Postani podpornik

Poročanje po svetu

Isti dogodek, kot so ga poročali v drugih državah.

Poročanje po svetu

Podprite neodvisne novice z zavedanjem pristranskosti in odklenite družbeni utrip, glasovanje skupnosti in svoj prilagojen pregled Zame.

Postani podpornik

1 poročil

The Independent logoThe IndependentNeodvisenSredinavčeraj
UK drivers mis-sold car finance face longer wait for compensation payouts

The UK's Financial Conduct Authority (FCA) has paused payouts under its £9.1 billion car finance redress scheme due to legal challenges from four companies, including Volkswagen, Mercedes-Benz, Credit Agricole, and Consumer Voice. These firms argue the scheme's rules are unlawful and seek to have it overturned. Payouts, originally planned to start this year, are now delayed, affecting approximately 12.1 million eligible customers who could receive an average of £829 each. The Upper Tribunal will review the legal challenges in late 2025, with a decision expected shortly after. If the scheme is upheld, payments could resume in 2027. If overturned, the FCA may shift to a complaints-based system, potentially leading to handling 19 million individual cases over three years at a cost of £6 billion.

Ocena pristranskosti (Sredina): The article presents a balanced account of the situation, detailing both the FCA's actions and the legal challenges from multiple stakeholders. It does not take a clear ideological stance but reports on the implications of the legal dispute. The framing remains neutral, focusing on the procedural,法律

Ohranimo novice poštene.

ObjectiveNews financirajo bralci in je brez oglasov – pristranskost vam pokažemo, ne skrijemo. Podprite neodvisno novinarstvo za 5 €/mesec.

Postani podpornik

Povezane zgodbe