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Lloyds Bank Faces £66 Million Court Battle with 30,000 Car Loan Customers
BusinessFTThe Guardian5mo ago2 sources

Lloyds Bank Faces £66 Million Court Battle with 30,000 Car Loan Customers

Lloyds Banking Group is facing an 'omnibus' lawsuit totaling £66 million from 30,000 consumers regarding car finance, just days before the regulator is set to release details of a mis-selling redress scheme. A law firm is preparing the claim on behalf of these customers who fear the FCA’s redress scheme will shortchange them, leading to a court battle.