Tag Archives: redress

Car finance redress plan ‘impractical’, says trade body

Car finance redress plan ‘impractical’, says trade body

Emer Moreau Business reporter, BBC News Getty Images The financial regulator’s proposed compensation scheme for car finance mis-selling is “completely impractical”, the trade body for the industry has said. The boss of the Finance and Leasing Association (FLA) told the BBC there was concerns over the redress scheme potentially covering loans from as far back as 2007, as firms and …

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