UK lenders paid car dealers cash upfront that may have led to costlier loans

<p><strong>Exclusive:</strong> ‘Advance commissions’ said to total millions of pounds allegedly pushed customers to certain providers</p><p>UK lenders paid “advance commissions” to car dealers that may have encouraged them to push costlier loans on to consumers, legal filings linked to the motor finance scandal reveal.</p><p>Court documents seen by the Guardian show that lenders, including Lloyds Banking Group, have paid commission to individual dealerships in lump sums upfront, which campaigners say total millions of pounds.</p> <a href="https://www.theguardian.com/business/2025/feb/21/uk-lenders-car-dealers-commission-payments-upfront">Continue reading...</a>