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UK car finance scandal: Banks fight court ruling that could cost them billions

2024-11-28

finance

UK car finance scandal: Banks fight court ruling that could cost them billions

The row relates to car finance agreements made between 2007 and 2021, where car dealers forced consumers into higher rates in their contracts in return for extra pay from lenders. The U.K.'s City watchdog, the Financial Conduct Authority, outlawed su ...Read more

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