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Tens of thousands of Scots victims of an £8billion car finance mis-selling scandal could join a class action to demand better payouts. ‌

Victims of inflated car loan deals between April 2007 and November last year are in line for payouts under a new ­compensation scheme. ‌

However, with a staggering 14million car finance agreements thought to be affected, compensation for motorists is only expected to be about £700 per deal, on average. ‌

That’s down from the Financial Conduct Authority’s previous estimate of around £950.

It comes after a ruling by the UK Supreme Court in August limited the breadth of these cases. Lenders could still have to pay out £8.2billion.

We can reveal that Scots legal firm Thompsons Solicitors is considering a class acti

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