Barclays will this week become the first major UK lender to begin offering compensation payments to former motor finance customers, even as the industry's big financiers face waiting months for the outcome of challenges to a £9bn redress scheme.
Barclays to begin car finance payouts months before outcome of legal challenge
EXECUTIVE SUMMARY
Barclays will this week become the first major UK lender to begin offering compensation payments to former motor finance customers, even as the industry's big financiers face waiting months for the outcome of challenges to a £9bn redress scheme.
Key Takeaways
- Barclays to begin car finance payouts months before outcome of legal challenge.
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Published originally on Sky News - Business
