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UK top court gives banks partial win in car loan scandal . . . In some cases, these loans -- available for 14 years from 2007 -- allowed car dealers to offer higher interest rates in return for a bigger commission from banks The ruling means that dealers have leeway when arranging loans, without requiring explicit consent from borrowers for terms that may benefit lenders
UK Supreme Court Gives Banks Partial Win on Car Finance . . . Financial Times: The UK's highest court has partially overturned a landmark motor finance judgment that threatened to leave banks on the hook for tens of billions of pounds in compensation for allegedly deceiving consumers with hidden commissions on car loans The Supreme Court's decision has been