Motorists and road users who had cars between 2007 and 2021 on car finance could be owed £1,100 payouts, it is estimated.

The UK auto ABS market is on high alert after a Court of Appeal ruling that means car finance customers could be owed ...

Banks face the threat of a new £18bn class action lawsuit linked to PPI, deepening a crisis in the industry as it confronts a separate motor finance mis-selling scandal set to cost lenders billions.

It has prompted comparisons to Britain's payment protection insurance (PPI) scandal, which was estimated to have cost banks ...

Santander, HSBC, Lloyds, Halifax, Nationwide, NatWest, Barclays customers have been warned, on average, a fifth of UK current ...

Nationwide has pushed up rates putting an end to its sub 4% products, and HSBC has now hiked rates twice within as many weeks ...

The ongoing motor finance crisis is unlikely to be as big as the PPI scandal but banks' credit ratings could still be downgraded. That is according to ...

As shared by Bloomberg, Ticketmaster's parent company Live Nation, Advance Auto Parts Inc., Santander Bank, and more, have ...

The 2008 financial crisis served as a stark reminder of how unchecked lending practices can lead to catastrophic economic ...

Meanwhile, Santander UK is reviewing the court ruling which is also likely to influence a current investigation by the Financial Conduct Authority and eventually oblige other banks to compensate ...

Santander, which offers car loans, said the judgment “sets a higher bar” for the disclosure of such commission arrangements “than had been understood prior to the decision” under current ...