motor finance compensation

FLA calls for a workable solution to motor finance redress scheme

15th December 2025 Consumer Lending | #motor finance compensation

The Finance & Leasing Association (FLA) has submitted its response to the Financial Conduct Authority’s (FCA) consultation on a proposed Section 404 Motor Finance Consumer Redress Scheme. While lenders fully support a robust and credible redress programme for customers who have suffered loss, the FLA warns that the scheme as drafted cannot deliver the fairness,…

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motor finance compensation

FLA calls for a workable solution to motor finance redress scheme

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