Millions of car owners are set to miss out on compensation in a long-running row with lenders over car finance commission.
In a high-stakes legal battle that could have opened the floodgates for payouts, the UK’s highest court ruled in favour of lenders on Friday, overturning a previous judgment that had deemed so-called “secret” commission arrangements unlawful.
But while the court sided with finance companies, the ruling does not shut the door entirely on redress for consumers.
Here, Martin Lewis explains what the Supreme Court case entailed and what to do if you think you are owed compensation.
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