UK car finance companies may face only minor costs from mis-selling scandal, specialist says

  • Posted on February 11, 2025
  • By Business News Today
  • 1 Views
UK car finance companies may face only minor costs from mis-selling scandal, specialist says

Britain's motor finance industry may avoid a costly scandal due to a government focus on deregulation and growth. The Supreme Court is set to hear a key case in April concerning hidden commissions in car finance, but political efforts aim to minimize consumer harm and maintain access to car loans, affecting lenders like Close Brothers and Lloyds.
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