FCA car finance compensation scheme: What is it and who is eligible for payment?

The Financial Conduct Authority (FCA) said it is launching a £7.5 billion compensation scheme to give cash back to Britons impacted by unfair car loans


play_arrow All United Kingdom News
3 w.
Economics
ID: 876595396319665858


Similar News expand_more


3 w. Car finance compensation: Your ultimate guide to how payouts will work
Economics
3 w. BREAKING: FCA rule millions of drivers eligible for compensation over car finance claims
Automotive
3 w. FCA's car finance redress scheme promises average £829 payouts for millions of drivers
Automotive
3 w. AD FEATURE: Car finance compensation payouts increased but many don't realise they're owed
Economics
3 w. Millions of drivers will get an average of £829 payouts in car finance compensation
Automotive
3 w. Major update on car finance compensation as affected motorists to get average of £829
Automotive
3 w. Drivers could get up to £829 compensation using Martin Lewis free tool
Automotive
4 w. Car finance saga: Millions of motorists to find out how they will be compensated
Automotive
3 w. Lloyds Banking Group sets aside £2bn for car finance compensation payouts
Economics
3 w. Car finance scandal compensation scheme revealed for millions of UK motorists
Automotive
3 w. UK Banks Brace for £9.1 Billion Hit as FCA Confirms Car Finance Redress Scheme
Economics
8 d. Universal Credit update over extra payments up to £317 for 60,000 claimants
Economics
3 w. Car tax April 2026 rates confirmed as 59 vehicles pay £5,690 from this week
Automotive
3 w. DWP payment dates for Easter 2026 universal credit, benefits and pensions plus cost of living support
Economics
8 d. Britain's £2,000 driveway deficit: Drivers without one are stung by punishing insurance and parking permit premiums
Automotive
3 w. Drivers urged to check car boot and save money before travelling this Easter
Automotive
36 h. Winter Fuel Payment update for pensioners with income over £35,000 this year
Economics
1 w. DWP reveals exactly who will get winter fuel payment this year after U
Automotive
4 w. What caused the NS&I £476m missing savings debacle and who will receive compensation?
Real Estate
4 w. Lloyds pays out £139k in compensation after IT glitch lets customers view other accounts
Economics
2 w. New plans to reform disability benefits could affect monthly payments worth up to £778
Economics
1 w. Thousands of AA and BSM learner drivers to be refunded £760,000 over booking fees – here’s how to claim
Travel
4 w. Thousands of Lloyds customers to be paid compensation after significant IT failure
Real Estate
1 w. Thousands of AA and BSM learner drivers to be refunded £760,000 over hidden fees
Automotive
3 w. Car finance lenders shares rise after industry bill for redress cut by £2bn
Economics
3 w. Betrayal of the strivers: Fury as benefit claimants get 6.2% rise this week, MPs receive £3,300 'cost of living' handout and the two
Real Estate
1 w. DWP confirms five state pensioner groups who won't get Winter Fuel Payment in 2026
Economics
3 w. WASPI update as DWP minister explains 'different view' on compensation payouts
Politics
1 w. Millions of people on DWP benefits missing out on extra payments worth £3.7bn
Real Estate
3 w. Check for £900 annual Council Tax discount before first payment is due this month
Economics
3 w. Drivers warned they risk £2.5k and insurance being void over simple car fault
Automotive
35 h. PIP points system and payment rates for claims worth up to £778 a month
Economics
2 w. Why charging adult children rent is vital for their financial independence and parent wellbeing
Real Estate
3 w. MPs' pay and expenses budgets soar by £30MILLION after bumper 5% salary rise and accommodation costs boost
Real Estate
1 w. 'Given the state of the world, the BMA needs to be more realistic about pay,' says Wes Streeting
Economics
2 w. 7 misunderstood home insurance terms and what they really mean from sum insured to indemnity
Real Estate
2 w. Full list of new Universal Credit rates and additional monthly payments
Economics
4 w. The cheapest electric car to insure and it's not a Ford, MINI, or Dacia
Automotive
5 d. Cars no longer hit by 'luxury vehicle tax' include Audi, BMW, Skoda as new threshold takes effect
Automotive
1 w. The 'very easy' online card for birthdays and goodbyes that can collect money too
Entertainment
34 h. Public electric car charging now cheaper than petrol due to rising fuel prices
Automotive
6 d. ‘I’ll believe it when I see it’: People on street which won Farage’s energy bills competition say Reform hasn’t paid
Real Estate
1 w. Over 80,000 learner drivers to get refunds after AA and BSM driving schools are fined £4.2million over drip
Automotive
9 d. FCA Consultation: Making pensions advice simpler and easier to give | United Kingdom | Global law firm
Economics
3 w. How to know if you need to declare your earnings when selling on Vinted, eBay or Etsy
Economics
7 d. Almost 1,000 drivers a month wrongly fined after criminals clone their number plates
Automotive
3 w. All the DWP benefits increasing this month including State Pension and Universal Credit
Economics
3 w. New DWP payment uprating delay for people on State Pension, PIP or other benefits
Economics
3 w. Full list of new DWP payment rates from next week for State Pension and benefits
Economics
Popular countries based on strong economic and political relations
Add Watch Country

arrow_drop_down