Compensation is expected to be paid on more than 12 million car finance agreements missold between 2007 and 2024. City watchdog the Financial Conduct Authority said the number was fewer than originally proposed. But the average payout has increased to around £830 per agreement. The FCA estimates that 75% of eligible consumers will make a claim. If so, total redress paid would be £7.5billion. Nikhil Rathi, chief executive of the FCA , said: “We’ve listened to feedback to make sure the scheme is