An estimated 14 million people are due payouts
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An estimated 14 million people are due payouts
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Payouts are set to be worth £830 each on average
The scheme will cost lenders £7.5 billion in redress costs
Martin Lewis says there is a ’very high likelihood’ that many people will receive hundreds of pounds in compensation
Money expert says an automatic redress scheme could be introduced by the end of the year
Only one motorist will get compensation after judges found his deal was unfair, while most claims were rejected
The Supreme Court ruled that hidden commissions from lenders to dealers on car loans were not unlawful
