At Your Lawyers, we specialise in helping you claim compensation for mis-sold car finance, addressing issues like hidden fees, inflated interest rates, and lack of transparency that may have cost you thousands.
Between 2007 and 2021, millions of UK drivers who purchased vehicles through Personal Contract Purchase (PCP) or Hire Purchase (HP) agreements may have been affected by mis-sold car finance due to undisclosed commissions and unclear finance terms. The Financial Conduct Authority (FCA) banned discretionary commission arrangements (DCAs) in January 2021, which could allow brokers to increase interest rates for higher commissions without informing customers.
With an estimated 95% of car finance agreements involving commissions, understanding your eligibility is the first step to securing justice. Do not wait—
start now and claim compensation for mis-sold car finance today to ensure your case is filed before potential deadlines.
Why You Should Claim Compensation for Mis-Sold Car Finance
The mis-selling of car finance agreements has led to significant financial harm for consumers, with some potentially paying thousands of pounds more in interest than necessary due to undisclosed commissions. If you were not informed about commissions earned by the dealer or broker, or if the terms of your agreement—such as balloon payments or interest rates—were not clearly explained, you may have a valid claim.
These practices, coupled with inadequate affordability checks or high-pressure sales tactics, violated consumer protection laws, including the FCA’s requirement for transparency. Your Lawyers offers expert claim compensation for mis-sold car finance services on a No Win, No Fee basis, ensuring you can pursue justice without worry.
By joining our group action, you can strengthen your case against major lenders like Barclays, Lloyds, or Close Brothers. Lenders have set aside finances for potential payouts. Acting now is critical, as deadlines for complaints may align with the FCA’s ongoing investigation, expected to conclude by May 2025.
Steps to Start Your Claim with Your Lawyers
Pursuing compensation for mis-sold car finance is straightforward with Your Lawyers’ experienced team by your side. Begin by contacting us for a free eligibility assessment, where we can review your finance agreement for signs of mis-selling, such as undisclosed commissions or unclear terms.
You will need to provide details like your finance agreement or vehicle registration, but if you lack documentation, we can assist with a Data Subject Access Request (DSAR) to obtain records from your lender. Our team can gather evidence, including financial records or correspondence, to build a strong case
Take Control of Your Compensation Claim Today
If you financed a car, van, or motorbike before January 2021 and suspect you were mis-sold due to undisclosed commissions or unclear terms, now is the time to act. Your Lawyers is here to guide you through every step to claim compensation for mis-sold car finance, offering No Win, No Fee representation to make the process hassle-free.
Claim with Your Lawyers here now on our website today to start your claim. Join our group action now and let us fight for the compensation you deserve for the financial harm caused by mis-sold car finance.
