BIZBBC NewsTUE 03 NOV 2026 / 4:56 AM CST

Drivers may get compensation offers before car finance saga ends

Drivers may be offered compensation from lenders ahead of the next legal battle in the car finance mis-selling saga.

Regulator the Financial Conduct Authority (FCA) said it would welcome lenders making settlement offers as long as customers were not given a worse deal than under its proposed central scheme.

That scheme is facing a legal challenge, to be heard in February, with resulting compensation unlikely to be paid until late next year.

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Drivers may get compensation offers before car finance saga ends

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UK and EU agree draft deal to scrap Brexit red tape over food exports

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