Martin Lewis

And we're not talking about that compensation coming on car finance mis-selling till later.

My big question, Simon, did you get that?

Yeah, exactly.

I mean, look, I'm glad you got it, and I just say one of the advantages on the podcast, go back and listen to it again if you didn't.

What I think we should do now, we've had loads of questions about actual car finance mis-selling as opposed to claims management company misleading over car finance management mis-selling.

Ah!

And all this happened the day I was expecting to be doing it with Adrian.

And we've had to all reorganise and go quickly and just, we're winging this pod only.

So hopefully, Simon, you've got some questions.

I'm going to do some answers.

OK, so let's talk timelines.

When the regulator announced car finance mis-selling in March, the proposed timeline is things would start in July and those people who would put a complaint in, because it's much quicker if you put a complaint in than if the firm is having to look for you, would start getting payouts by the end of this year.

Then what happened is four companies...

are trying to do effectively a judicial review over the regulator's decision to do a mass repayment scheme.

You have Volkswagen Financial Services, Mercedes-Benz Financial Services and Credit Agricole Auto Finance.

Now, you can understand that all car finance firms, they're putting in over the level and the way that the compensation system is working.

The other company is Consumer Voice, which is a limited company which acts as an introducer to group legal claims by solicitors and claims management firms.

It's being represented by Cormac's Legal Limited.

It was the first one to put in that it was going to be doing a complaint about the FCA, and it's trying to push that consumers get more compensation.

So it's pushing for more.