Car finance victims to get an average £830 payout but fewer loans eligible

City regulator reduces number of loan agreements in line for compensation from 14m to 12m Business live – latest updates The City regulator has tightened the rules of a mass compensation scheme over the car finance sandal, with fewer than expected victims set to pocket £830 on average.

The Financial Conduct Authority (FCA) released the final details of its planned redress programme, saying it had narrowed the number of loan agreements eligible for payouts from 14m to 12.1m contracts.

Continue reading…

原文链接: The Guardian