UK Drivers Get £829 Payout, 2M Miss Out
UK News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
UK drivers mis-sold car finance deals receive payouts, but millions miss out due to tighter rules. FCAs March 30th ruling affects 12.1 million people, with average payouts of £829. Lenders hiding exclusive ties or first-refusal rights trigger cash. Consumer advocates criticize the ruling, urging everyone to file complaints. Two separate schemes for different deal periods, with lenders preparing for a June 30th kickoff. Martin Lewis plans deeper dives, advising drivers to check old papers and claim early.
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