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Car Finance Compensation Delayed Until 2027 Due to Legal Challenges

Source: BBC Business - Published: 13 Oct 2026 15:27

Regulators have announced that compensation for millions of drivers mis-sold car finance agreements will be delayed until at least 2027. The Financial Conduct Authority (FCA) expects average payouts of approximately £829 per agreement, but legal challenges to the compensation scheme have postponed calculations and payments.

Briefed by Gibik from the original source.