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flag UK's FCA reviews car finance deals for potential overcharges, may issue compensation up to £1,000.

flag The Financial Conduct Authority (FCA) is reviewing car finance deals made before January 28, 2021, to determine if customers were overcharged due to undisclosed commission practices by dealers. flag The FCA will decide within six weeks of a Supreme Court ruling if compensation, potentially up to £1,000 per customer, will be issued. flag This affects those who financed the purchase of vehicles through car dealers.

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