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UK lenders 'paid car dealers' up front in pricier loan deals - report

By Frank Prenesti

Date: Friday 21 Feb 2025

(Sharecast News) - UK lenders paid "advance commissions" to car dealers that may have encouraged them to push costlier loans on to consumers, the Guardian reported, citing legal filings linked to the motor finance scandal.
Lenders are currently under investigation over motor financing and campaigners said millions of pounds in commission...

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