Barclays to offer early compensation payouts to motorists affected by car finance scandal
City watchdog launched its £9billion redress scheme for customers mis-sold motor finance earlier this year, estimating that they would receive an average of £829 each.
Covered by 3 sources from United Kingdom. First reported by Sky News ·
How 3 newspapers cover this story
Barclays to begin car finance payouts months before outcome of legal challenge
Barclays will this week become the first major UK lender to begin offering compensation payments to former motor finance customers, even as the industry's big financiers face waiting months for the outcome of challenges to a £9bn redress scheme.
Barclays to offer early compensation payouts to motorists affected by car finance scandal
City watchdog launched its £9billion redress scheme for customers mis-sold motor finance earlier this year, estimating that they would receive an average of £829 each.
Car finance: Barclays becomes first big lender to offer payouts for mis-selling of loans
Bank to make ‘early settlement’ offers before outcome of legal battle, with those who accept likely to get money before Christmas Business live – latest updates Barclays will this month start offering compensation to tens of thousands of people who claim they were mis-sold car loans, with some of those who accept…
Coverage details
3 outlets from United Kingdom are covering this story: Sky News, Daily Mail and The Guardian. Sky News published it first, on November 2, 2026; the last outlet to join was The Guardian, 27 hours later.
Key names in the coverage: Barclays and Christmas Business.
