Avoiding Mis-Sold Car Finance in 2025 | Red Flags, Claims & PCP Guidance

Guide 13 October 2025

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

Avoiding Mis-Sold Finance Deals

Mis-sold car finance UK agreements have left millions of drivers facing higher repayments, surprise balloon payments, and unnecessary financial pressure. This guide explains how mis-selling happens, how to check mis-sold car finance step by step, and what options you have for car finance claims and PCP claims in 2025. It also covers the latest FCA car finance investigation updates, the Supreme Court ruling, and practical tips for avoiding mis-selling in the future.

Lloyds Faces £800m Charge as Car Finance Claims Surge

News 13 October 2025

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

Car Finance Claims Scandal Deepens: Lloyds Sets Aside Extra £800m for Payouts

Lloyds Bank is bracing for a major financial hit, setting aside an extra £800 million to cover mounting car finance claims linked to widespread mis-selling. The FCA’s proposed redress scheme, covering agreements from 2007 to 2024, could see millions receive around £700 each on average. Learn what this means for you, how to make a complaint, and whether using a claims management company could help you secure your refund.

UK Car Finance Claim Update 2025 | Latest FCA & Court News

NewsGuide 13 October 2025

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

Latest Updates on Car Finance Claims in the UK (FCA Consultation – October 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.

Car Finance Scandal: Who’s Eligible & How to Claim Refunds

GuideNews 13 October 2025

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

Car Finance Scandal Explained: Who’s Eligible, How to Claim Refunds, and What the FCA Consultation Could Mean

This in-depth feature explains the UK car finance scandal, who qualifies for car finance compensation, how to check if you were mis-sold, and the latest updates on car finance refunds and settlements.

FCA Car Finance Compensation Proposal Explained

Guide 9 October 2025

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

FCA Car Finance Compensation Proposal Explained – October 2025 Update

Millions of UK drivers could be owed refunds under the FCA’s new car finance compensation proposal. The scheme targets mis-sold car finance and undisclosed commissions on PCP and HP agreements between 2007 and 2024. Average payouts are expected to be around £700. The proposal is part of the wider car finance scandal UK and aims to deliver fair, consistent redress. Reclaim247, a trusted claims management company, helps drivers trace old car finance claims and check eligibility for free.

FCA Proposes £8.2bn Scheme for Car Finance Claims

News 8 October 2025

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

Millions Set for Payouts as FCA Unveils Car Finance Claims Scheme After Scandal

The FCA has unveiled a proposed £8.2bn compensation scheme for 14 million mis-sold car finance agreements. Learn how the landmark ruling could see drivers receive an average £700 payout and what steps you can take now to start your car finance claims.

FCA Redress Spurs Surge in Car Finance Claims

News 7 October 2025

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

FCA’s £18 Billion Car Finance Redress Puts Lenders Under Pressure as Claims Surge

The FCA warns that mis-sold car finance deals could trigger redress payments of up to £18bn. With the Supreme Court ruling and ongoing consultations, millions of drivers are exploring car finance claims and PCP claims. This article explains the redress process, average payouts, and how expert services like Reclaim247 can help you claim efficiently, even if paperwork is missing. Stay informed and protect your right to a car finance refund today.

FCA to Provide Compensation Update to Drivers: Latest Update on Car Finance Claims

News 7 October 2025

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

Drivers Get Major Update on Car Finance Claims as FCA Prepares Compensation Scheme

UK motorists are set to receive long-awaited compensation update as the FCA moves forward with a redress scheme for mis-sold car finance agreements. Following the Supreme Court’s ruling on unfair relationships, millions could claim refunds averaging £950 per deal. Discover how the upcoming consultation, the car finance scandal, and expert help from Reclaim247 could impact your car finance claims journey.

FCA Consultation Opens for Motor Finance Redress Scheme

News 7 October 2025

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

On £14m Unfair Motor Loans: FCA Seeks Feedback on Industry-Wide Compensation Plan

The FCA has launched a consultation on a motor finance redress scheme for agreements between 2007 and 2024, affecting 14 million consumers. The average compensation is expected to be £700 per agreement. The scheme addresses widespread mis-selling, providing a pathway for motorists to claim redress, with options to engage a claims management company like Reclaim247 for support.

Car Finance Claims Soar Amid UK Motor Finance Scandal

News 6 October 2025

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

Close Brothers Faces £155 Million Hit Amid Growing Car Finance Scandal

The UK motor finance scandal deepens as Close Brothers reports major losses, highlighting the need for car finance claims. Learn about Supreme Court rulings, FCA updates, and how professional support can help you secure redress.

© Claimsline Group Ltd 2025

Reclaim247.co.uk is a trading style of Claimsline Group Ltd, registered in England and Wales, Company registration number 09071409. Registered Office: C/O Burton Varley Ltd, Suite 3, 2nd Floor, Didsbury House, 748 - 754 Wilmslow Road, Manchester, United Kingdom, M20 2DW. VAT registration number 217654795. Registered with the Information Commissioner's Office; registration number ZA059156. You can find our terms of use, privacy policy and our cookie policy here. Claimsline Group Ltd is a claims management company. Any solicitor we recommend you to is an independent professional from whom you will receive impartial and confidential advice. You are free to choose another solicitor. Claimsline Group Ltd is authorised and regulated by the Financial Conduct Authority in respect of regulated claims management activities FRN Number is 831196.

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 All figures disclosed on the results page of our form are based on the £700 figure the FCA has stated to be the amount that each claim could be worth.

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.