{"id":12969,"date":"2025-11-02T13:34:40","date_gmt":"2025-11-02T08:04:40","guid":{"rendered":"https:\/\/newzquest.in\/victims-robbed-of-4bn-in-insulting-car-loan-redress-scheme-say-claims-firms\/"},"modified":"2025-11-02T13:34:47","modified_gmt":"2025-11-02T08:04:47","slug":"victims-robbed-of-4bn-in-insulting-car-loan-redress-scheme-say-claims-firms","status":"publish","type":"post","link":"https:\/\/newzquest.in\/hi\/victims-robbed-of-4bn-in-insulting-car-loan-redress-scheme-say-claims-firms\/","title":{"rendered":"Victims robbed of \u00a34bn in \u2018insulting\u2019 car loan redress scheme, say claims firms"},"content":{"rendered":"<div class=\"nshorts-card-frame\">\n<div class=\"nshorts-cat lang-en\">\u090f\u0928 \u0936\u0949\u0930\u094d\u091f\u094d\u0938'<\/div>\n<div class=\"nshorts-headline\">Victims robbed of \u00a34bn in \u2018insulting\u2019 car loan redress scheme, say claims firms<\/div>\n<div class=\"nshorts-summary\">Financial Conduct Authority defends interest rate of 2.09% as critics criticise proposals as \u2018hypocritical\u2019Victims of the car loans scandal could miss out on more than \u00a34bn in compensation if the City regulator ploughs ahead with plans for an \u201cinsulting\u201d interest rate in its redress scheme, consumer groups and claims firms say.The Financial Conduct Authority (FCA) has been accused of offering a reduced rate of interest which will be added to compensation from banks for borrowers caught up in the car loan commissions scandal. Continue reading&#8230;<\/div>\n<div class=\"nshorts-link\"><a href=\"https:\/\/www.theguardian.com\/business\/2025\/nov\/02\/car-finance-redress-scheme-rob-victims-4bn-fca\" target=\"_blank\" rel=\"noopener noreferrer\">Read Full Story<\/a><\/div>\n<p><span class=\"nshorts-disclaimer\">Technically enhanced content presented under fair use in public-interest journalism.<\/span><\/div>\n<div class=\"nshorts-audio-section\" style=\"margin-top:15px;padding:10px;background:#f5f5f5;border-radius:5px\"><strong>Listen:<\/strong> <audio controls style=\"width:100%;margin:10px 0\">Your browser does not support the audio element.<\/audio><\/p>\n<p style=\"margin:5px 0\"><a href=\"https:\/\/translate.google.com\/translate_tts?ie=UTF-8&#038;tl=en&#038;client=tw-ob&#038;q=Financial+Conduct+Authority+defends+interest+rate+of+2.09%25+as+critics+criticise+proposals+as+%E2%80%98hypocritical%E2%80%99Victims+of+the+car+loans+scandal+could+miss+out+on+more+than+%C2%A34bn+in+compensation+if+the\" target=\"_blank\" style=\"color:#0073aa;text-decoration:none\">\u2193 Download Audio<\/a><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>N Shorts Victims robbed of \u00a34bn in \u2018insulting\u2019 car loan redress scheme, say claims firms Financial Conduct Authority defends interest rate of 2.09% as critics criticise proposals as \u2018hypocritical\u2019Victims of the car loans scandal could miss out on more than \u00a34bn in compensation if the City regulator ploughs ahead with plans for an \u201cinsulting\u201d interest [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAowl-PACw:productID":"","footnotes":""},"categories":[2149],"tags":[],"class_list":["post-12969","post","type-post","status-publish","format-standard","hentry","category-news-shorts-en"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/posts\/12969","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/comments?post=12969"}],"version-history":[{"count":1,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/posts\/12969\/revisions"}],"predecessor-version":[{"id":12970,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/posts\/12969\/revisions\/12970"}],"wp:attachment":[{"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/media?parent=12969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/categories?post=12969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/tags?post=12969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}