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Reclaim £1000s back from hidden fees

Millions of people in the UK may have been mis-sold car finance.

It was found in a FCA report that car finance consumers may have been overcharged and deceived when arranging their car finance deals.

You may be eligible to claim car finance compensation if any of the below statements are applicable to you

Free Check

Find out in 2 hours if you have been mis-sold car finance  and able to make a no win no fee car finance claim today

Why can i reclaim back from my car finance loan?

mis-sold PCP car finance agreement

The FCA has recently banned UK car dealers from charging and pushing higher interest rates on PCP & HP deals.

If you have had a car on finance in the last 10 years you could be able to claim back £1000s from hidden commissions that were not disclosed within your finance agreement.

How much car finance compensation can I claim back if I was mis-sold?

pcp claims

If you have been mis-sold car finance, the amount of car finance compensation that you could be owed will vary depending on a number of factors.

This includes how much money you have already paid towards the purchase of your car, as well as how much commission was earned on the sale.

Generally speaking, if you can prove that you were not made aware of the commission being charged, or that the finance deal was unsuitable for you, you could be entitled to car finance compensation and make a no win no fee car finance claim.

Some motor dealers are overcharging unsuspecting customers over £1000 in interest charges in order to obtain bigger commission payouts for themselves. This is unacceptable.

Jonathan Davidson, director of supervision for retail and authorisations at the FCA.

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FAQ

Most frequent questions and answers

Yes, all car finance claims will be taken on a no-win-no-fee basis.

That means there will be no upfront fees when starting your claim.

A fee will only occur upon successful collection of a motor finance claim.

Upon collection of your car finance compensation, the legal team would charge 35% + Vat on successful collection.

A typical car finance claim can take up to 6-12 months, possibly longer.

This all depends on how quick your car financier takes to respond to the legal team managing your car finance claim.

When starting a car finance claim you will need a copy of your car finance agreement, proof of address, and also proof of identification like your driving license or passport.

  • Biometric Passport 
  • Drivers License
  • Bank or Building society or credit card statement (Less than 3 months old)
  • Utility bill – less than 3 months old

 

car finance agreement
At the top of your car finance agreement, it will either have “HP or PCP car finance agreement regulated b the consumer credit act 1974”.

How Does It Work?

1. Upload your finance agreement

fill in your details above and we will email you the next steps and request for you to upload your finance agreement.

2. Our case experts will review your agreement.

Once submitted our expert witness will review your finance agreement and within 3-5 days will be finished.

3. Find out how much you can claim back

Once the report is finished our legal team will contact you to let you know the outcome.

 

It is then up to you if you would like to proceed on a no-win-no-fee basis.

Can i make a PCP claim in Ireland

Can you claim PCP in Ireland?

0151-452-1017 Info@missoldcarfinance.org Honeycomb Building, Edmund Street, Liverpool, L3 9NR Arrange Call-back 0151 452 1017 Call Back More Information Can i make a PCP claim in

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