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Home› Business› Car finance: Barclays becomes first big lender to offer payouts for mis-selling of loans

Car finance: Barclays becomes first big lender to offer payouts for mis-selling of loans

BusinessBy Rupert JonesNov 3, 2026, 1:34 PM
Car finance: Barclays becomes first big lender to offer payouts for mis-selling of loans
NEWS DESKBusiness
PUBLISHEDNov 3, 2026, 1:34 PM
NEWS BRIEF

What the source reports

Bank to make ‘early settlement’ offers before outcome of legal battle, with those who accept likely to get money before Christmas 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 likely to see the money land in their account before Christmas.

Amid an ongoing legal battle over an industry-wide compensation scheme for…

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Main source: The Guardian Business

TDBN presents the written preview supplied through the publisher's feed. Complete reporting, continuing updates, context, and corrections remain with the original report.

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