Poging GOUD - Vrij
Green light for drivers to get payouts
Daily Mirror UK
|April 08, 2026
GRAHAM HISCOTT reveals why you could be owed £829 in the biggest shockwave to rock the financial sector since PPI
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LAST week delivered a lot more certainty for millions of drivers who were missold motor finance. City regulator the Financial Conduct Authority (FCA) confirmed details of a mass redress scheme after what has been called the worst scandal to hit the financial sector since PPI.
The FCA says it now expects compensation to be paid on more than 12 million car finance agreements taken out between 2007 and 2024.
The figure is around two million fewer than the 14.2 million it predicted when proposals were announced last October.
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