Car finance claimants may get early compensation offers
The FCA says it would welcome settlement offers from lenders as long as drivers are not worse off than under its proposed central scheme, and Barclays has confirmed it will start making them
Drivers may be offered compensation from lenders before the next legal battle in the car finance mis-selling saga. The Financial Conduct Authority said it would welcome settlement offers provided customers were not given a worse deal than under its proposed central scheme. Barclays has confirmed it will make early offers from now, with others expected to follow suit.