What Is the Close Brothers Scandal Claims, Compensation Payouts 2026

Guide 29 April 2026

headshot of Chris Roy, Product and Marketing Director of Reclaim247Chris Roy

What the Close Brothers Scandal Means, Compensation, PCP Refunds and How to Claim

Close Brothers is one of the lenders at the centre of the UK car finance scandal. With the FCA redress scheme now in place, customers can check if they are owed compensation for mis-sold car finance, including PCP agreements. This guide explains how claims work, what affects payouts, and how to start a car finance refund check.

FCA car finance scheme faces legal challenge as payouts 2026 at risk

News 28 April 2026

headshot of Andrew Franks, expert in automotive and finance, and co-founder of Reclaim247Andrew Franks

Consumer group challenges FCA car finance compensation plan over payout concerns

A £9.1 billion FCA car finance compensation scheme is facing a legal challenge from a consumer group, raising concerns over potential delays to payouts 2026. The dispute centres on whether compensation for mis-sold car finance is sufficient, with critics arguing some car finance claims and PCP claims may be underpaid. As the car finance scandal continues, millions awaiting a car finance refund or PCP refund may now face uncertainty while the case is resolved.

Black Horse Refund 2026 How Much Could You Get Back from Your Claim

Guide 28 April 2026

headshot of Chris Roy, Product and Marketing Director of Reclaim247Chris Roy

How Much Will You Get Back from Black Horse in 2026: FCA Scheme Compensation, PCP Refunds and Payouts Explained

Wondering how much you could receive from a Black Horse finance claim? This 2026 guide explains average compensation, PCP refunds, payouts timelines, and how car finance claims are calculated, so you can understand what your claim may be worth before you start.

UK car finance compensation scheme agreed 9bn payouts ahead

News 27 April 2026

headshot of Andrew Franks, expert in automotive and finance, and co-founder of Reclaim247Andrew Franks

UK car finance scandal: £9bn compensation scheme agreed for mis-sold loans

Banks and lenders have agreed to a major FCA-led redress scheme following the car finance scandal, paving the way for up to £9 billion in compensation. Around 12.1 million agreements, including PCP claims, are affected after widespread car finance mis-selling linked to discretionary commission arrangements. With average payouts of about £829, millions could receive a car finance refund, with payouts 2026 expected as firms begin processing claims.

How to Claim Against MotoNovo Finance 2026 Refund Guide FCA Scheme

Guide 27 April 2026

headshot of Shannon Smith O'Connell, Operations Director at  Reclaim247Shannon Smith O'Connell

How to Claim Against MotoNovo Finance: 2026 Guide to Refunds and Compensation

If you had a MotoNovo finance agreement, you may be eligible for compensation under the FCA car finance scheme. This guide explains how to claim, what affects payouts, and how to use a car finance refund check or finance claims expert to get started.

How to Claim Against Black Horse Finance in 2026 FCA Scheme Guide

Guide 24 April 2026

headshot of Shannon Smith O'Connell, Operations Director at  Reclaim247Shannon Smith O'Connell

How to Claim Against Black Horse Finance in 2026: Step-by-Step Guide Under the FCA Redress Scheme

The FCA redress scheme has changed how Black Horse finance claims are handled in 2026. Instead of standard complaints, agreements are now reviewed under a structured process that assesses pricing, commission, and transparency. This guide explains how to check your eligibility, submit a claim, and understand what compensation you may be owed.

Can I Claim Against Close Brothers Finance 2026 Refund Guide FCA Scheme

Guide 24 April 2026

headshot of Shannon Smith O'Connell, Operations Director at  Reclaim247Shannon Smith O'Connell

How to Claim Against Close Brothers Finance in 2026: Step-by-Step Close Brothers Refund Guide

If you had a Close Brothers finance agreement, you may be eligible for compensation under the FCA car finance scheme. This guide explains how to claim, what affects payouts, and how to use a refund checker or finance claims expert to get started.

Blue Motor Finance Claim Guide 2026 DCA, Car Finance Compensation FCA Review

Guide 23 April 2026

headshot of Shannon Smith O'Connell, Operations Director at  Reclaim247Shannon Smith O'Connell

Blue Motor Finance Claim 2026: Understanding Approval-Based Car Finance, Compensation and FCA Review

Blue Motor Finance agreements were often chosen because they offered access when options felt limited. Now, under the FCA car finance review, these approval-focused agreements are being reassessed to determine whether pricing and commission were fully explained. This guide explains how claims work, what affects compensation, and how to check your position.

Car finance scandal payouts 2026 at risk as FCA faces legal challenge

News 23 April 2026

headshot of Andrew Franks, expert in automotive and finance, and co-founder of Reclaim247Andrew Franks

Legal fight over car finance scandal risks delaying payouts for millions

Millions of motorists expecting a car finance refund after the UK’s car finance scandal could face delays as a legal challenge targets the FCA’s £9.1bn compensation scheme. Campaigners warn drivers may be underpaid for mis-sold car finance, with PCP claims and car finance claims at risk of lower payouts or later timelines in 2026.

Hyundai Finance Claim 2026 PCP Claims, Compensation Refund Guide

Guide 22 April 2026

headshot of Shannon Smith O'Connell, Operations Director at  Reclaim247Shannon Smith O'Connell

Hyundai Finance Claim 2026: PCP Agreements, Upgrade Cycles, DCA Concerns and FCA Compensation Explained

Hyundai finance is often built around upgrading vehicles rather than starting from scratch, which can make each agreement feel like part of a continuous process. The FCA review now looks at these agreements individually to assess whether pricing and commission were fully explained. This guide explains how Hyundai finance claims work, what affects compensation, and how to check your position.

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1 Where 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 dependent on level of redress secured), and a cancellation fee may apply outside the 14 day cooling-off period.

3 The FCA currently estimates that most individuals could receive an average of £829 in compensation per agreement. We find an average of 2 car finance agreements per client, giving a potential total claim value of £1,658.

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

5 All three examples of compensation clients have received are examples from our working partners Bott&Co. These claims were all won before the FCA’s pause on motor finance claims.