The UK car loan scandal that could cost banks billions

Legit | 28-03-2025 01:42pm |

Banks may have to pay out tens of billions of pounds if the British Supreme Court upholds a judgment ruling controversial car loans are unlawful, in a case beginning in April. Now, the Supreme Court will hear his case on April 1, along with another similar case against FirstRand and one against British bank Close Brothers.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.