Lloyds suspends commission payments after ‘seismic’ ruling on UK car finance – The Guardian

Posted October 31st, 2024 in appeals, banking, consumer protection, loans, news and tagged by michael

‘Lloyds Banking Group has scrapped commission payments across its £15bn motor finance arm after a landmark ruling on car loan misselling, as industry and Treasury officials hold urgent talks amid fears of contagion across the wider financial sector.’

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The Guardian, 30th October 2024

Source: www.theguardian.com