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EconomyBarclays becomes first major lender to offer payouts for mis-sold car loans

Barclays will offer early settlements this month to tens of thousands of customers who say their car loans were mis-sold. Those who accept could receive payment before Christmas but give up the right to seek further compensation or take legal action over the commission. The move comes as a legal challenge to the UK industry compensation scheme continues.

Barclayscar financemis-selling compensationFinancial Conduct Authority

TThe Guardian★★★☆☆2026-11-03 13:34Original

Barclays becomes first major lender to offer payouts for mis-sold car loans
Barclays becomes first major lender to offer payouts for mis-sold car loansEconomy