FCA announced a redress scheme for car finance customers who were mis-sold their loan and Martin Lewis has explained how to claim the compensation View 2 Images An estimated four million car finance agreements have already been subject to a complaint (Image: Jeff Spicer, Getty Images)
Martin Lewis is encouraging millions not to overlook potential car finance compensation of approximately £700, which could be received as soon as January or February next year. On Tuesday, the Financial Conduct Authority (FCA) revealed that 14 million car finance agreements included a discretionary commission arrangement (DCA) in the loan contract, unbeknownst to customers.
In a recent video detailing the redress scheme and how to claim the money , the founder of MoneySavingExpert.com (M