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flag UK car loan compensation scheme faces legal challenges, delaying payouts for millions of drivers.

flag The Financial Conduct Authority faces legal challenges to its £9.1 billion car loan compensation scheme, creating uncertainty for millions of affected UK drivers. flag Three lenders and a consumer group are contesting the plan, arguing payouts are inadequate. flag The FCA maintains the scheme is fair and proportionate but warns legal battles could delay payouts expected by 2027.

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