- Martin Lewis has advised individuals who believe they are owed car finance compensation to complain immediately for a quicker payout.
- The Money Saving Expert founder explained that while firms are obliged to find everyone who was mis-sold, complaining proactively will accelerate the process.
- The Financial Conduct Authority (FCA) estimates approximately 12.1 million motor finance deals were mis-sold.
- These mis-sold deals involve a variety of lenders across the market.
- The average payout for each mis-sold deal is estimated to be around £829.
IN FULL