4 resultsfor “motor finance scandal payout delays”
payouts could be delayed by years over legal challenges, says FCA The City watchdog has warned that [a wave of legal challenges](https://www.theguardian.com/business/2026/may/01/fca-legal-challenges-compensation-scheme-car-loan-motor-finance) to the compensation scheme for victims of the [motor finance
motor finance scandal](https://www.theguardian.com/business/motor-finance), in which drivers were overcharged for loans as a result of commission payments between lenders and car dealers between 2007 and 2024. The challenges could mean taking
delay compensation they are owed. The regulatory scrutiny comes as claims management companies (CMCs) target victims of the car finance scandal, where they can charge fees worth up to 33% of the final payouts
motor financing divisions. However, manufacturers have collectively put aside just £803m. They will have to scramble to put together a further £3bn needed to cover the bill, which will help compensate drivers who were