Blow for consumers as supreme court hands partial win to car finance firms over loans

Millions of drivers to miss out on compensation in move that will also be a blow to the claims industry

• Car loan scandal: what the supreme court ruling means for UK motorists

Millions of drivers will miss out on compensation after the supreme court spared lenders a potential £44bn bill for hidden commission payments in car finance contracts.

In a blow to consumers, the UK’s highest court sided with finance companies in a challenge to last October’s shock ruling by the appeal court that found commission payments paid by buyers to car dealers were unlawful.

Source: Guardian - World News