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flag UK's FCA plans to compensate drivers for unfair car finance deals from 2007-2020, starting in 2026.

flag The UK's Financial Conduct Authority (FCA) plans to start compensating drivers for unfair car finance deals made between 2007 and 2020, with payouts potentially beginning in 2026. flag Up to 30 million deals may be eligible, but not all will qualify. flag The FCA is consulting on a redress scheme for consumers harmed by undisclosed commissions paid to dealers. flag The total compensation cost is estimated between £9 billion and £18 billion.

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