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Barclays begins early motor finance payouts as FCA sets ground rules
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City AM
Barclays begins early motor finance payouts as FCA sets ground rules
Barclays will begin offering payouts to motor finance consumers ahead of the forthcoming legal battle after the City watchdog introduced its “minimum expectations” for lenders wishing to settle early. The bank said it would make payments using the Financial Conduct Authority’s (FCA) redress scheme methodology and acceptance would be optional. Once a consumer accepts the [...]
3 Nov, 10:13
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