What has happened in the car finance market and will customers be compensated?
by Anna Wise
Feb 23, 2024
2 minutes
Lloyds has become the first UK bank to set aside hundreds of millions of pounds in case it has to compensate car finance customers, amid a major investigation into whether people overpaid on their loans.
The banking group revealed a provision worth £450 million to cover potential costs relating to the issue.
Here, the PA news agency looks at what is
You’re reading a preview, subscribe to read more.
Start your free 30 days