Lloyds Car Finance: Potential £2bn Payout Looms for Compensation Scheme
Lloyds Car Finance is now at the centre of a major compensation scandal as the Financial Conduct Authority (FCA) proposes a redress scheme that could cost the bank nearly £2 billion. Recent announcements show Lloyds has increased provisions by £800 million to address historic claims involving misleading commission practices. As this story develops, anyone who…