Mis-sold car loans - did it happen to me?

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If you bought a car arsenic acold backmost arsenic 2007 with a indebtedness organised done your car dealership, you could beryllium eligible for a payout.

The regulator, the Financial Conduct Authority, is consulting connected a compensation strategy - and it's thought up to 40% of motorists who entered idiosyncratic declaration acquisition (PCP) oregon prosecute acquisition agreements betwixt 2007 and 2021 volition beryllium eligible for a payout.

Niall Paterson talks to Sky's concern analogous Gurpreet Narwan astir who mightiness beryllium eligible.

He besides speaks to Adrian Dally, manager of centrifugal concern astatine the Finance and Leasing Association, who argues the payout levels look excessively precocious astatine this stage.

Producer: Emily Hulme
Editor: Wendy Parker