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Around a million UK consumers could have unwittingly overpaid for car finance over a six year period.
Three collective action lawsuits have been filed at the specialist competition court accusing the three largest car financing companies, Lloyds Banking Group, MotoNovo and Santander, of acting to inflate interest rates.

This anti-competitive conduct meant UK consumers were paying to

A legal claim is being launched against three of the country's largest motor finance companies for incentivising car dealerships to sell expensive finance to buyers of second-hand cars.

Three UK motor finance businesses are facing a class action in the High Court over claims customers were overcharged on used car loans between 2015 and 2021.

The UK’s three largest car finance companies must defend themselves against an opt-out class action claim before the country’s Competition Appeal Tribunal after a consumer rights advocate alleged they anticompetitively overcharged used car buyers.

Three top car finance lenders could be forced to pay out almost £1bn over claims drivers were overcharged for their used car loans.

Santander and Lloyds face a new UK lawsuit over alleged “anti-competitive agreements” they had with car dealerships that pushed customers towards more expensive finance options when they were buying second-hand cars.

High street bank allegedly charged excessive interest on a million finance deals.

MILLIONS of drivers who took car finance before 2021 could be in line for thousands of pounds in compensation.

A legal claim is being launched against three of the country's largest motor finance companies for incentivising car dealerships to sell expensive finance to buyers of second-hand cars.