News 11 June 2025 |  | Andrew Franks |
UK Car Finance Scandal: FCA Unveils Framework for Potential Compensation Scheme
The FCA is preparing a potential car finance compensation scheme, offering hope to millions of UK drivers. Learn what this landmark move means for you amidst the ongoing car finance scandal and how the FCA aims to ensure fair redress.
News 9 June 2025 | | Andrew Franks |
FCA Develops Streamlined Compensation Scheme Amid Growing Car Finance Scandal
The FCA is designing a streamlined car finance compensation scheme following allegations of mis-sold loans and secret commissions. With up to £16 billion at stake, millions affected by pre-2021 finance deals may soon be eligible for redress. A Supreme Court ruling expected in July will determine the legal basis for the scheme, potentially making this one of the UK’s largest financial compensation efforts since the PPI scandal.
Guide 7 June 2025 |  | Shannon Smith O'Connell |
Is It Illegal for Dealerships to Earn Commission on Car Finance?
Are you owed money on your car finance deal? This guide explores how discretionary commissions inflated costs, the legality of dealership practices, and how to check if you're eligible for a refund using a car finance commission claim calculator. Stay informed about your rights in the UK car finance scandal.
Guide 5 June 2025 | | Shannon Smith O'Connell |
Can I Claim if I Refinanced My PCP Agreement Before It Ended?
Refinancing your PCP agreement doesn’t always mean you lose your right to claim for mis-selling. This guide explains how refinancing impacts claim eligibility, outlines key factors like commission structures and FCA rulings, and shows how to check your potential car finance compensation claim using a trusted PCP claims company. Discover your rights and next steps today.
Guide 3 June 2025 | | Shannon Smith O'Connell |
What Happens if My Car Finance Company Refuses to Cooperate With the Ombudsman?
If your car finance company refuses to cooperate with the ombudsman, you still have options. This guide explores your rights, FCA car finance complaint steps, real case examples, and how professional help like Reclaim247 can support you in pursuing mis-sold car finance claims. Don’t let lender silence stop your fight for fair treatment.
Guide 31 May 2025 |  | Chris Roy |
Car Finance Mis-Selling: Your 2025 Guide to Compensation and Claims
If you took out a car finance agreement in the UK, you may have been mis-sold without knowing it. With legal and regulatory action ramping up this summer, now is the best time to check your agreement and start your claim. You could be owed hundreds, or even thousands, in overpaid interest and hidden fees.
News 29 May 2025 | | Andrew Franks |
Data Deletion Threatens £1bn in Car Finance Compensation for UK Borrowers
A major car finance scandal is unfolding as up to £1 billion in car loan compensation is at risk due to deleted data. Legal experts warn that UK borrowers affected by unlawful car finance commission practices may be denied redress. As the FCA investigates and the Supreme Court prepares to rule, the future of car finance compensation remains uncertain.
Guide 26 May 2025 | | Chris Roy |
PCP Mis-Selling Explained: How to Claim What You’re Owed
Mis-sold PCP car finance has left thousands of UK drivers out of pocket. This in-depth guide explains what PCP mis-selling is, how to check your eligibility, and what to expect when making a PCP claim. Discover your rights, avoid hidden costs, and take action today to reclaim the compensation you may be owed.
Guide 24 May 2025 | | Shannon Smith O'Connell |
Hidden PCP Costs: How Mileage Caps Contribute to Mis-Selling
PCP car finance often includes hidden mileage caps that result in costly penalties—especially when they're poorly explained or misrepresented. This article explores how mileage limits contribute to mis-sold PCP finance, signs to watch for, and the steps you can take to claim mis-sold car finance compensation. Understand your rights, protect your finances, and avoid unfair deals with this in-depth guide.
Guide 21 May 2025 | | Chris Roy |
Why PCP Claims Remain Crucial in Today’s Finance Landscape
PCP car finance claims are still highly relevant as financial conditions shift. Discover why mis-sold car finance remains an issue, and learn the steps to file a claim. With rising consumer awareness and ongoing FCA reviews, understanding your rights could help you recover what you’re owed. Check if your vehicle finance agreement was fair with a car finance claims check today.