Car finance scandal LIVE: Top UK court to rule on huge £44bn case | UK | News
If the FCA decides to continue a correction scheme, it may clarify what kind of engine financing it is valid for regulating and potentially contains all agreements that people are not clearly said clearly or that the automobile dealer receives commissions.
A plan is simpler than to complain directly to the providers for consumers.
The guard said, “less consumer will wait for a request to rely on a management company, that is, they will protect all the compensation they receive” and “will be more organized and efficient than an approach that complains for the companies,” he said.
Mash Vara, the Legal Director of Shoosmiths, told PA that a decision that the secret commission payments are illegal to PA will naturally be a blessing for plaintiffs and consumers ”.
Added:
I think this is one of the first large -scale consumer ‘scandals of the social media digital age.
Now it leads to the expectation that it is an almost guaranteed payment. This is what FCA should consider.
Ads from demand management companies have emerged significantly until the court decision – but some regulators warn them against use, because people can ultimately be accused of a service they don’t need.
