Martin Lewis on how millions of people affected by car finance scandal can claim compensation

Business & FinancePersonal Finance
31 Mar 2026 • 3:34 AM MYT
The Independent
The Independent

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  • Martin Lewis has explained how millions of people affected by the car finance scandal can claim compensation.
  • Approximately 12 million drivers are eligible for a payout, with an average of £829 each.
  • The Financial Conduct Authority (FCA) has published the final details of its redress scheme.
  • The scheme is designed for individuals who were treated unfairly when taking out motor finance agreements.
  • An estimated £7.5 billion in redress is expected to be paid out under the scheme.

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