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Martin Lewis has warned thousands and thousands of drivers they may very well be due a payout for unfair automobile finance fee.
Talking on his ITV present on Tuesday, 6 February, the MoneySavingExpert founder defined how a proportion of automobile finance offers earlier than 28 January 28 had “discretionary fee preparations”, permitting sellers to alter curiosity supplied to prospects and enhance their fee – a observe that was later banned by the Monetary Conduct Authority.
A brand new investigation implies that overpaid curiosity is given again to anybody who’s affected, Lewis defined – that means thousands and thousands of drivers may very well be getting a reimbursement.
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