UK Supreme Court overturns ruling on motor finance commissions in win for banks

Supreme Court rules in lenders' favour in car finance case - in blow to motorists

British banks and lenders have been spared a huge bill as the Supreme Court has overturned a ruling that could have meant millions of motorists were due compensation for mis-sold car finance.

Martin Lewis issues urgent warning to drivers over car finance compensation ruling

Martin Lewis has shared his reaction to the Supreme Court's car finance compensation ruling and has urged drivers to avoid signing up to a claims firm immediately

Millions of drivers miss out on compensation after Supreme Court ruling

Millions of drivers will miss out on compensation – after the Supreme Court said lenders were not liable for secret commission payments hidden inside car finance deals. Three motorists had won a court of appeal ruling after claiming they hadn’t been told clearly enough that car dealers would get commission from lenders for bringing in business. But that was overturned today after justices said dealers didn’t have to act only in the customer’s in…

Millions of motorists set to miss out on car finance payouts, court rules

The Supreme Court has ruled that lenders are not liable for hidden commission payments in car finance schemes, meaning compensation will not be granted

UK's highest court largely overturns ruling on auto finance payments

Britain’s highest court has largely overturned a lower court’s ruling that certain hire-purchase auto agreements were unlawful, a decision likely to bring a sigh of relief among lenders. The Supreme Court ruled Friday that lenders are not liable for apparently…

Millions set to miss out on car finance compensation after Supreme Court ruling

Two lenders challenged a Court of Appeal ruling that said ‘secret’ commission payments paid by buyers were unlawful.Lenders have avoided potenti ...