Banks will pay out “substantially less” compensation for hidden commission in car finance loans than they did during the ...

French insurer AXA won a London court ruling on Friday worth nearly 675 million pounds ($908 million) against Santander over ...

Millions of motorists in the United Kingdom could be entitled to sizeable compensation payments if the country's Supreme ...

Lenders like Lloyds Banking Group will pay punters who took out unfair car loans up to 18 bln pounds. Yet it could have been ...

Britain's Supreme Court overturned a previous ruling deeming certain car finance agreements unlawful. This decision, ...

The study is the latest example of the FCA's Consumer Duty push, and is likely to evoke memories of the mis-selling of payment protection insurance on loans, or PPI, between 1990 and 2010.

Royal Bank of Scotland (RBS) on Wednesday lost two lawsuits over unfair commissions that were charged to customers who were sold payment protection insurance (PPI), potentially increasing lenders ...

And payouts over car loans, he suggested, could be on the scale of those made over payment protection insurance (PPI), a mis-selling scandal that cost banks more than £40 billion.

Average Monthly Cost of Mortgage Protection Insurance The average rate of MPI will vary depending on the mortgage amount, term length, your age and health and your lifestyle. For example, the ...

During the 1990’s, an 8th Circuit Court ruling and the Gramm-Leach-Bliley Act reinforced the OCC’s claims, moving payment protection firmly out of the “insurance” realm. The agency issued a rule in ...