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

https://mins.news/en/item/127196

- The Guardian, 2026-11-03 13:34 UTC
- Economy
- Original: https://www.theguardian.com/business/2026/nov/03/car-finance-barclays-bank-offer-payouts-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.