News 31 July 2026 |  | Andrew Franks |
ICO Raids Properties Across UK in Crackdown on Spam Car Finance Claims Marketing
The Information Commissioner's Office has carried out searches at properties across the UK as part of a major investigation into spam marketing linked to the car finance scandal. The regulator says it has received millions of complaints about unsolicited text messages promoting car finance claims and believes organisations under investigation may have sent around 170 million marketing texts in just eight months. The enforcement action highlights growing scrutiny of unlawful marketing as interest in car finance compensation continues to rise.
Guide 31 July 2026 | | Andrew Franks |
MotoNovo Finance Claim (2026): Compensation, Delays & FCA Update
The latest FCA car finance developments have changed the expected timetable for compensation, but the proposed redress scheme remains in progress. If you had a PCP car finance or Hire Purchase agreement with MotoNovo Finance between 2007 and 2024, you may be wondering whether you're eligible to claim. This guide explains the latest updates on the car finance scandal, including the FCA's proposed compensation scheme, legal challenges, expected delays, and what they mean for MotoNovo customers. You'll learn who may be eligible, whether MotoNovo Finance is refunding customers, how MotoNovo finance compensation could work and where to find more detailed guidance on making a claim or understanding potential refunds.
Guide 30 July 2026 | | Andrew Franks |
Close Brothers Finance Claim (2026): FCA Compensation Update, Delays & Eligibility
If you had a Close Brothers PCP or Hire Purchase agreement, you may be wondering whether the UK's car finance scandal could affect you. This guide explains the latest FCA car finance updates, who may be eligible for compensation, why legal challenges have delayed payouts and what the changes mean for motorists. You'll also learn why Close Brothers is part of the FCA's proposed compensation scheme, whether Close Brothers are refunding customers yet, when PCP payouts could begin and where to find more detailed guidance on making a claim or understanding how compensation may be calculated.
News 30 July 2026 | | Andrew Franks |
One in Four Drivers Lack Confidence Making a Car Finance Claim, FCA Survey Finds
New FCA research suggests many motorists remain uncertain about how to make car finance claims despite growing awareness of the car finance scandal. The regulator found that one in four consumers lack confidence making a complaint without help and has launched a nationwide campaign to explain the different options available, including making a complaint directly using its free template letter.
Guide 29 July 2026 | | Andrew Franks |
Black Horse Finance Claim (2026): Latest FCA Compensation Update, Delays and How to Claim
If you took out a Black Horse PCP or Hire Purchase agreement, you may be wondering whether the UK's ongoing car finance scandal affects you. This guide explains the latest FCA compensation update, why payments have been delayed, who may be eligible to claim and what the next steps could be. It also explores why Black Horse is one of the lenders most closely linked to the FCA's proposed redress scheme and what the latest legal developments mean for motorists. Whether you're looking for a Black Horse refund, checking your eligibility or simply trying to stay up to date with the latest FCA car finance news, this guide brings together everything you need to know in one place.
 | Chris Roy |
Car Finance Compensation Update (July 2026): Latest FCA Claims, Delays and What Happens Next
The UK car finance scandal continues to evolve following the FCA's proposed compensation scheme and the latest legal challenges. This comprehensive guide explains the July 2026 car finance compensation update, including the partial suspension of the scheme, why payouts 2026 are now unlikely, the current car finance claims deadline, who may be eligible to make car finance claims, and what the latest developments mean for motorists with historic HP and PCP car finance agreements. Whether you're considering a car finance claim, checking potential PCP claims, or simply want to understand the latest FCA guidance, this guide brings together everything you need to know in one place.
News 28 July 2026 | | Andrew Franks |
FCA Launches Campaign to Help Drivers Understand Their Car Finance Complaint Options
The FCA has launched a £2 million campaign to help motorists understand their options for pursuing car finance claims. Drivers can complain directly using the regulator's free template letter, seek legal advice or choose an FCA-regulated claims management company, depending on what best suits their circumstances, as the Motor Finance Compensation Scheme progresses.
Guide 27 July 2026 | | Andrew Franks |
FCA Updates Motor Finance Guidance Following Partial Suspension: What It Means for Your Claim
The FCA has issued updated guidance for firms after the Upper Tribunal's partial suspension of the Motor Finance Compensation Scheme. While lenders have received further operational instructions, the update does not change motorists' eligibility for car finance compensation or the overall redress scheme.
Guide 24 July 2026 | | Andrew Franks |
Inside the FCA Car Finance Legal Challenge: What the Tribunal Documents Reveal
The Financial Conduct Authority has released the key legal documents behind the tribunal challenge to its proposed motor finance compensation scheme. The filings reveal why lenders are contesting the FCA's approach, why a consumer group believes the scheme should go further, and what the legal dispute could mean for motorists with potential car finance claims or PCP claims. As the tribunal prepares to hear the case, the documents provide the clearest picture yet of the arguments that could shape the future of compensation.
News 22 July 2026 | | Andrew Franks |
Car Finance Litigation Funder Enters Administration as £250m Investor Exposure Investigated
Woodville Consultants, a litigation funder involved in financing car finance claims, has entered administration. While the collapse has left administrators investigating more than £250 million of investor exposure, the FCA's car finance compensation scheme for eligible motorists remains separate and continues to progress.