Blow for consumers as supreme court hands partial win to car finance firms over loans

Judges dismiss compensation save for the most serious cases in move that will also be a blow to the claims industryThe supreme court has partly overturned a lower court decision on the car finance commission scandal, closing the door to compensation except in more serious cases.In their ruling, a panel of justices led by the supreme court president, Lord Reed, only upheld one consumer’s case, originally filed by borrower Marcus Johnson. Cases brought by two other consumers – alleging that commissions paid to car dealers were bribes and that dealers owed a duty of loyalty to the customer – were rejected. Continue reading...

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