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FCA Car Loan Payouts Hit Legal Roadblock | Leeds News
The UK’s FCA faces a major legal hurdle in its $9.1 billion car loan compensation plan, potentially delaying payouts for 12 million drivers until 2027—or worse, forcing a costly, case-by-case review if courts block the scheme. Four key players, including VW, Mercedes-Benz, Credit Agricole, and Consumer Voice, are suing to halt the payout, citing illegality. Originally set to begin this year, the scheme is now frozen, leaving millions in limbo as legal proceedings loom between December and February—with a final decision expected months later. Listen in comfort:Get a discount on a Soli Pillow…
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