Car Loan scandal:
FCA to give banks a year to respond to customer complaints.
Victims will have to wait for compensation.
Bank execs won't repay bonuses secured with dud sales.
Banks will hike customer charges to recoup profits.
Banks always win.
https://www.theguardian.com/business/2024/nov/21/fca-plans-to-allow-lenders-longer-to-respond-to-complaints-over-car-loan-mis-selling
FCA to give banks a year to respond to customer complaints.
Victims will have to wait for compensation.
Bank execs won't repay bonuses secured with dud sales.
Banks will hike customer charges to recoup profits.
Banks always win.
https://www.theguardian.com/business/2024/nov/21/fca-plans-to-allow-lenders-longer-to-respond-to-complaints-over-car-loan-mis-selling
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