Dealerships and car finance companies have avoided compensation payouts to motorists of up to £40bn after a Supreme Court ruling on commissions. It ruled that hidden commissions from lenders to […]
The scale of the car finance commission scandal has been revealed with new research finding that only 21% of car finance customers were told their dealers could be earning commission. […]
A landmark ruling on commissions paid in motor finance will go to appeal, the Supreme Court has said. The ruling in October deemed that paying undisclosed commissions in car finance […]
The Financial Conduct Authority is giving car finance companies more time to respond to customer complaints around commissions charged when buying car. It launched an investigation into discretionary commission arrangement (DCAs) […]
