Lloyds faces lawsuit from 30,000 car loan customers
More than 30,000 consumers are seeking 66 million pounds in damages from Lloyds Banking Group. The lawsuit relates to claims regarding mis-sold car financing.
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Lloyds Banking Group plc is reportedly facing a legal challenge from more than 30,000 consumers over the alleged mis-selling of car loans. According to a report by the Financial Times on Friday, the lawsuit seeks damages of approximately 66 million pounds ($87.87 million) related to motor finance products.
