FirstRand Earnings Up 10% Amid UK Car Finance Claims

News 12 September 2025

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

FirstRand's Annual Earnings Rise 10% Amid £154 Million UK Car Finance Provision

The annual earnings of FirstRand, trading as MotoNovo in the UK, rose 10%, even as the bank set aside £154 million for UK car finance claims. This news highlights the ongoing car finance scandal and the challenges consumers face in seeking compensation. The article explores lender provisions, the Supreme Court ruling, and how claims management companies can assist with PCP claims.

Understanding Black Horse Finance Claims: How It Works

Guide 10 September 2025

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

Understanding Black Horse Finance Claims: Who Can Claim and How It Works

This guide explains Black Horse finance claims, detailing who can claim, the key mis-selling issues, and the steps involved in securing compensation. It covers Black Horse refund eligibility, common complaints, and expected payouts. Readers will learn about hidden commissions, excessive interest charges, and how to escalate their claims if necessary.

Close Brothers Finance Claims: Are They Refunding?

Guide 10 September 2025

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

Close Brothers Finance Claims: Are They Refunding and Who Can Claim?

If you’ve been affected by the Close Brothers Finance mis-selling scandal, you may be entitled to a refund. This guide explains who is eligible for compensation, the reasons behind the mis-selling, and the steps you can take to claim your refund. Whether you were mis-sold a financial product or service, we’ll walk you through the process and help you understand your rights as a customer. Stay informed and take action to receive the compensation you deserve.

Car Finance Claims: Compensation Expected in 2026

News 10 September 2025

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

Car Finance Claims: Compensation Should Be Paid Next Year

Millions of UK drivers may soon receive compensation after the Supreme Court ruling on mis-sold agreements. This article explores FCA updates, the scale of the car finance scandal, and what drivers should do next, from understanding eligibility to considering expert help with car finance claims and PCP claims.

Understanding MotoNovo Finance Claims: Can You Get a Refund?

Guide 9 September 2025

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

Understanding the MotoNovo Finance Claim: Can You Get a Refund?

MotoNovo Finance consumers have been filing compensation claims due to complaints of hidden fees, elevated charges, and undisclosed commissions. Eligible customers can file reports with the firm and with the Financial Ombudsman Service if needed.

CA Auto Finance UK Claims: Mis-Sold Car Finance Refunds

Guide 8 September 2025

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

CA Auto Finance UK: What You Need to Know About Claims and Compensation

Many CA Auto Finance UK customers may have been mis-sold their car finance agreements due to hidden fees and undisclosed commissions. If you suspect your agreement was unfair, you could be entitled to a refund. This guide explains how to check your eligibility, understand compensation amounts, and file a claim for a car finance refund.

Blue Motor Finance Refund Claims: Mis-Selling & Compensation Guide

Guide 8 September 2025

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

Blue Motor Finance Claims: How to Spot Mis-Selling and Claim Your Refund

Overcharged on your Blue Motor Finance loan? If hidden commissions or unfair interest rates were involved, you could be due a refund. Our guide walks you through identifying mis-selling and filing a successful claim for Blue Motor Finance compensation.

PPI Claims vs Car Finance Claims: Key Differences Explained

Guide 5 September 2025

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

PPI Claims vs Car Finance Claims: What’s the Difference?

Payment Protection Insurance (PPI) and car finance claims are by-products of financial services that financial firms offer. PPI claims often involve complaints such as the consumer's lack of awareness of the policy or being pressured to take out the policy upon credit card application. On the other hand, car finance claims usually stem from undisclosed commissions and unfair car finance agreements. Consumers need to be more aware of these financial claims to be more empowered and not be taken advantage of by financial firms.

Alphera Finance Claim: What to Do if You Were Mis-Sold

Guide 5 September 2025

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

Alphera Finance Compensation: What to Do if You Were Mis-Sold

Alphera Finance customers may be eligible for compensation if their car finance agreements were mis-sold. The UK’s car finance scandal revealed that Alphera, along with other lenders, used discretionary commission arrangements, allowing dealers to increase interest rates for higher commissions, often without informing customers.

Volkswagen Finance Claims: Regain Hidden Fees & Overpayments

Guide 4 September 2025

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

Volkswagen Finance Claims: How to Recover Hidden Fees and Overpayments

Were you mis-sold a Volkswagen car finance agreement? Many VW customers are discovering hidden fees, inflated interest rates, and undisclosed commissions in their PCP and HP finance deals. Learn how to check if you’re eligible to file a Volkswagen finance claim today.

© 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 £950 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.