Finger pressing car's hazard warning button

Guide 18 August 2025

headshot of Andrew Franks, expert in automotive and finance, and co-founder of Reclaim247
Andrew Franks

Discretionary Commission Arrangements: What You Need to Know

This guide breaks down discretionary commission arrangements in UK car finance, explains how they led to mis-selling, and outlines your options for a DCA finance claim.

man holding car keys with contract and pen on the paper

Guide 15 August 2025

headshot of Shannon Smith O'Connell, Operations Director at  Reclaim247
Shannon Smith O'Connell

Car Finance Claims Surge: How to Secure Fair Payouts in a Changing Landscape

Car finance claims are rising, with millions potentially owed compensation. Discover how to claim effectively, the pros and cons of using CMCs, and why FCA-led solutions could shape the future of payouts.

man holding a cellphone

News 14 August 2025

headshot of Chris Roy, Product and Marketing Director of Reclaim247
Chris Roy

FCA’s Fresh Warning: Beware of Fake Car-Finance Compensation Calls

The FCA has issued a fresh warning about scammers cold-calling consumers with fake car finance compensation offers. With the redress scheme still in progress following the Supreme Court ruling, find out how to protect yourself, understand the latest updates, and navigate the claims process with expert help.

lawyer handing keys to a client

News 13 August 2025

headshot of Shannon Smith O'Connell, Operations Director at  Reclaim247
Shannon Smith O'Connell

FCA Car Finance Redress Scheme Under Pressure to be Scaled Back

The Financial Conduct Authority is under pressure from the House of Lords to scale back its FCA car finance redress scheme, which could see payouts for agreements dating back to 2007. Critics warn that such a broad scope could cause delays and push up costs, while supporters of a six-year limit say it would balance fairness with practicality. The scheme, linked to the car finance scandal and PCP claims, is expected to cost between £9bn and £18bn.

man in a suit working on a laptop

News 12 August 2025

headshot of Andrew Franks, expert in automotive and finance, and co-founder of Reclaim247
Andrew Franks

FCA to Oversee Car Finance Claims Redress Scheme

Following a landmark Supreme Court ruling, the FCA is set to lead a nationwide scheme to resolve car finance claims. With billions in potential payouts, the regulator aims to ensure fairness, trace affected drivers, and address missing records, giving consumers confidence in the process.

hands typing on a laptop keyboard with the screen showing "fraud alert"

News 11 August 2025

headshot of Andrew Franks, expert in automotive and finance, and co-founder of Reclaim247
Andrew Franks

New Analysis Reveals Data and Fraud Threats Amid the Growing Car Finance Scandal

The UK car finance scandal is intensifying, with FICO warning lenders of huge data and fraud risks in handling upcoming car finance claims and PCP claims. This in-depth update explores the challenges, FCA’s planned redress scheme, and what it means for consumers.

FCA logo with men at the back

Guide 8 August 2025

headshot of Andrew Franks, expert in automotive and finance, and co-founder of Reclaim247
Andrew Franks

FCA & The UK’s Car Finance Scandal: What It Means for You

The FCA is cracking down on mis-sold car finance deals. If you took out a loan to buy a car, you could be owed compensation. Here’s everything you need to know about the investigation, affected companies, and how to claim.

close up photo of a courtroom

NewsGuide 7 August 2025

headshot of Chris Roy, Product and Marketing Director of Reclaim247
Chris Roy

Latest Updates on Car Finance Claims in the UK (Post-Supreme Court Ruling: August 2025)

Stay informed on the 2025 UK car finance scandal. This update covers the FCA updates, Supreme Court ruling, car finance refund status, deadlines, and how Reclaim247 can help you prepare a strong claim. Don’t miss your chance to act now.

gavel on top of a table in a courtroom

News 7 August 2025

headshot of Andrew Franks, expert in automotive and finance, and co-founder of Reclaim247
Andrew Franks

Car Finance Scandal: Supreme Court Ruling Triggers £18bn Compensation Review

Following a major Supreme Court ruling, the UK car finance scandal enters a new phase. Discover what it means for your PCP claims, FCA compensation plans, and how to check if you're eligible for a payout.

lawyer with car keys and contract on a table

News 6 August 2025

headshot of Shannon Smith O'Connell, Operations Director at  Reclaim247
Shannon Smith O'Connell

£15 Billion Car Finance Scandal: Who Will Pay the Price?

A £15 billion car finance scandal is set to trigger one of the UK’s largest consumer redress schemes. This article explains the FCA’s plans, who may be liable, and how drivers can check if they’re owed money through car finance claims or PCP claims.

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1Where No Win, No Fee is offered - You pay nothing unless your claim is successful. A fee between 18 - 36%, including VAT applies on successful claims (fee dependant on level of redress secured), and a cancellation fee may apply outside the 14 day cooling-off period.

***All figures disclosed on the results page of our form are based on Bott&co's average compensation payout being over £950.

4Free Online Checker refers only to the live soft-credit check completed online to identify your car finance agreements.