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Victims of mis-sold car finance set to get less than £950 per deal

Victims of mis-sold car finance set to get less than £950 per deal

Victims of car finance mis-selling will likely get less than £950 per deal under a compensation scheme proposed by the financial regulator, with the first payouts expected next year. The Supreme Court ruled on Friday that hidden commissions from lenders to dealers on car loans were not unlawful, meaning millions of motorists will not be able to claim. However, the …

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