Business

Drivers May Get Early Compensation Offers Before Car Finance Saga Ends

Lenders may start issuing early car finance compensation proposals ahead of next year's court ruling.

The regulatory body permits early offers provided they match or exceed central scheme standards.

Barclays confirmed early payouts will begin now while most claimants await the February court case.

Mis-sold loans between 2007 and 2024 involve discretionary commission arrangements without proper disclosure.

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