On 2nd July the Upper Tribunal suspended parts of the FCA's motor finance redress scheme, which many people read as 'nothing to do'. The suspension is narrow. It stopped the lender's clock. It did not stop the six-month DISP window on yours, or the 31st August Scheme 1 deadline.
Blue Motor Finance went into administration on 30th July, pre-packed to Hodge within hours. The FCA has said redress claims against it are unlikely to be paid in full. The loan book moves to the buyer, the liability stays with the estate, and motor finance claimants have no FSCS to catch them.
In June alone the regulators had 170 misleading car finance claims adverts pulled, taking the total to 1,200 since January 2024. The claim being sold is free to enter and, since the 2nd July Tribunal suspension, paying nobody. That is why the ads are dropping faster than firms can post them.
The Buy Now Pay Later coverage read like a finish line. The policy statement tells a narrower story: only agreements dated 15th July onward are regulated, and only where a third party lent the money. Balances already in the app are as covered as they were the day before.
3.6 million people have lodged a car finance complaint through MSE's reclaim tool. The scheme is suspended, no money has moved, and the earliest realistic payout is 2027. Lodging is the cheap part. What decides these cases is what you do in the months after the click.
On 2nd July the Upper Tribunal suspended parts of the FCA's motor finance redress scheme, and the coverage read as if consumers now had nothing to do until 2027. That is correct about the scheme, wrong about you. The direct complaint route is untouched and live.
On 17th June the government decided the Energy Ombudsman should be able to force suppliers to pay. Three separate parts of the consumer system moved on the gap between winning a case and being paid. Here is what that means if you have a ruling that has not yet turned into money.
The 30th June date is the FCA's implementation deadline for the lenders, not a deadline that applies to consumers. The scheme itself is paused under four legal challenges. The claims firms know that, and are billing for it anyway.
On 11 June the FCA updated its firm guidance for the motor finance redress scheme. Payments slip to November, but the scheme is built to find you, and the regulator is methodically dismantling the claims firms positioned to charge for standing next to it. Here is what to do before 30 June.
FOS caseload fell to 214,600 in 2025/26. The cases that still get through are upheld more often. The filtering effect, and what it means if you do your own complaining.
At 00:01 on Sunday morning the FCA's two-year motor finance pause ends. Final response letters resume four weeks before the PS26/3 scheme opens. Here is how to avoid the bad settlement.
The Lords have asked whether the FCA and FOS are working. The rest of the week's news already answered. Here is what the data says, and what it means for a live case.