{"id":196882,"date":"2025-10-13T10:43:07","date_gmt":"2025-10-13T10:43:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/196882\/"},"modified":"2025-10-13T10:43:07","modified_gmt":"2025-10-13T10:43:07","slug":"motor-finance-scandal-tests-trust-in-financial-services","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/196882\/","title":{"rendered":"Motor finance scandal tests trust in financial services"},"content":{"rendered":"<p>The FCA estimates that 14.2 million motor finance agreements, made between 2007 and 2024, could be eligible for compensation, with an average payout of \u00a3700 per case. The regulator expects most affected consumers to seek redress, pushing total industry costs far beyond current provisions by lenders such as Barclays, Santander UK and Close Brothers.<\/p>\n","protected":false},"excerpt":{"rendered":"The FCA estimates that 14.2 million motor finance agreements, made between 2007 and 2024, could be eligible for&hellip;\n","protected":false},"author":2,"featured_media":196883,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[85812,59,57,58,85811,50,56,54,55],"class_list":["post-196882","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-kingdom","tag-fca-compensation-scheme","tag-gb","tag-great-britain","tag-greatbritain","tag-motor-finance-scandal","tag-news","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/196882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=196882"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/196882\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/196883"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=196882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=196882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=196882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}