motor finance regulation

Supreme Court opens motor finance case

1st April 2025 Consumer Lending | #motor finance regulation

This week, the UK’s Supreme Court will hear a pivotal case regarding potential compensation for millions of motorists affected by unlawful hidden commission payments in the car finance sector. Following a Court of Appeal ruling that deemed such payments illegal without buyer consent, lenders, including major banks, have set aside substantial funds for claims that…

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motor finance regulation

Supreme Court opens motor finance case

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