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In a partial win for lenders, the court rules they're not liable for hidden commission payments in car finance schemes.
Banks could still face claims for compensation for motor finance commissions, but the extent of the total bill facing lenders ...
19hon MSN
Lenders have avoided potentially having to pay compensation to millions of drivers after a long-awaited Supreme Court ruling ...
Britain's Supreme Court will make a landmark ruling on Friday on car finance commissions that could lead to consumer claims ...
Lenders no longer face the prospect of having to pay £30bn to £40bn to aggrieved car buyers, but the industry still faces ...
The Supreme Court will rule on whether millions of motorists could be entitled to compensation on their hire-purchase ...
The Supreme Court partially upholds an appeal from lenders, who had faced potentially paying compensation to millions of ...
Industry analysts also said on Friday that banks will ‘breathe a sigh of relief’ after the landmark Supreme Court ruling.
Motor finance lenders have skirted a worst case scenario but remain open for a redress scheme after Supreme Court's ruling.
The UK Supreme Court has largely overturned a previous ruling on car finance agreements, relieving lenders and reducing ...
2hon MSN
Millions of drivers potentially owed compensation over hidden commission payments in car finance schemes could still be able to claim – but they need to “be patient” for a potential automatic ...
A group of lenders won a major reprieve in a pivotal UK car finance case, after the country’s top judges agreed that banks should only pay compensation in the most serious cases of motor finance ...
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