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UK car loan firms accept £9bn redress scheme

Filed: Apr 26, 2026 at 3:00 PM ET
Summary: UK car loan companies accepted a £9bn mis-selling redress scheme after the trade body dropped its legal challenge.
WHO: UK car loan companies
WHAT: accepted a £9bn mis-selling redress scheme
WHEN: Apr 26, 2026 at 7:34 AM ET
WHERE: United Kingdom
WHY: The FCA plan followed a mis-selling dispute.
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