You could be owed £1000’s in compensation - We’ll check all of your finance agreements within the past 10 years
Mis-Sold car finance is estimated to be costing consumers £300m Annually *Source FCA
The FCA estimates that a typical mis-sold motor finance agreement of £10,000 can result in the customer paying around £1,100 more in interest charges
You Could be owed £1000's Check Now
You could be owed £1000’s in compensation - We’ll check all of your finance agreements within the past 10 years
Mis-Sold car finance is estimated to be costing consumers £300m Annually *Source FCA
The FCA estimates that a typical mis-sold motor finance agreement of £10,000 can result in the customer paying around £1,100 more in interest charges
We work on a No Win, No Fee Basis
Interest rate
It was up to the brokers/dealers to set the interest rate. A higher interest rate increased their commissions.
Undisclosed commissions
Dealers/Brokers had a legal obligation to disclose their commissions earned on sales of financing in a clear and concise manner
Limited options
Dealerships and brokers often coerced clients into signing agreements that were most financially attractive for them rather than giving them a clear choice
No outline
Often clients were not informed of the options available to them, and they were swayed to purchase the product most beneficial to the dealer/broker
We work on a No Win, No Fee Basis
1. Online application
Fill out our online form to see if you were missold CarFinance
2. Making a claim
As soon as we confirm you have a claim, we will submit it to your lender
3. Review of your claim
Our experts will determine if you have a claim
4. The payment of compensation
As quickly as possible, we aim to pay compensation to our clients
Finance Agreements we can Help with:
Mis-sold PCP car finance agreements
Mis-sold HP car finance agreements
How a claim could look
Purchase Price £10,000, Deposit amount £1,000
Loan term 60 months, APR% 9.9
Estimated claim value:
£3,272
We’ll check all your agreements in the last 10 years. Even if you can’t locate all your agreements we can still help!
The way lenders remunerate their brokers/dealers is causing customers to pay significantly more for their motor finance
These incentives significantly affect the costs of motor finance for consumers
We are concerned about the disclosure of commissions
The FCA mystery shopped 90% of retailers and only 11 told their customers the dealership might receive commission for arranging the deal.