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UK FCA starts probe into potential motor finance loan misconduct

By Frank Prenesti

Date: Thursday 11 Jan 2024

(Sharecast News) - UK regulators have paused claims against the motor finance industry over high-cost loans amid concerns they are being wrongly rejected.


The Financial Conduct Authority, which banned brokers from lifting interest rates on financing deals in 2021, said many customers have filed complaints with firms claiming...

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