'I sent eight letters': Drivers hope for payout from car finance redress scheme

Millions of motorists could be entitled to compensation with the financial regulator setting out how to apply

An overview of the car finance mis-selling scandal and guidance on eligibility for compensation, following the FCA's announcement of a £829 average payout.

The Financial Conduct Authority (FCA) has announced a compensation scheme for over 12 million mis-sold car finance agreements, with average payouts of £829 each.

An overview of the car finance mis-selling scandal and guidance on eligibility for compensation, with average payouts of £829 for affected motorists.

The UK's Financial Conduct Authority has finalized a £7.5 billion compensation plan for motor finance customers misled about commission arrangements.