Many UK drivers were deceived into unfair PCP agreements, overpaid owing to hidden commissions, too high interest rates, and concealed costs. Those impacted can now seek PCP compensation as the FCA bans discretionary commissions in 2021. This guide covers the claims process, eligibility rules, and mis-selling signs. Find out how to confront lenders, lower outstanding debt, and recoup hidden fees.
Dealing with a mis-sold PCP agreement can be overwhelming. This guide provides expert advice on selecting the best PCP claims company to ensure your case is handled with professionalism and transparency. Gain insights into identifying hidden fees, understanding your rights, and managing the claims process with confidence. Choose the right partner to secure the compensation you are entitled to.
Knowing what qualifies as mis-selling and how to claim compensation can help you avoid financial loss. From eligibility criteria to the claims process, having the right information can make all the difference. Are you asking the right questions about your car finance agreement?
Car finance might seem straightforward, but it is important to examine all the details. Many buyers focus only on the monthly payments and overlook hidden costs that can increase the total price. Before signing any agreement, make sure to ask essential questions. This can help you avoid problems. With mis-sold car finance, not knowing all the information can lead to extra expenses.
Car finance mis-selling continues to affect UK consumers, with concerns over hidden fees and unfair terms. The FCA has introduced stricter regulations to improve transparency and protect borrowers. Understanding these changes can help consumers make informed decisions and avoid financial pitfalls.
The UK government has stepped in a Supreme Court case that could see car finance companies pay out billions in compensation to consumers. This move caused a national debate over fairness and accountability, with concerns about rising loan costs and limited access for consumers.
Mis sold car finance is a growing concern in the UK, with the FCA estimating that up to 40% of finance agreements might be affected. Hidden fees, undisclosed commissions, or inadequate affordability checks could mean you’re owed compensation—sometimes in the thousands. With the FCA extending the deadline for DCA complaints to 4 December 2025 and giving consumers until 29 July 2026 (or 15 months after a final response) to escalate complaints to the Ombudsman, there’s still time to act.