Mis-Sold Car Finance & PCP Claims
Bought a car since 2007 using finance? You may have been mis-sold and could be owed thousands of pounds in compensation.
Consumer Savings Network is authorised and regulated by the Financial Conduct Authority. We handle all claims with our customers interests at heart and are committed to getting you the compensation you deserve.
Check here if you qualify:
Consumer Savings Network is a claims management company. You do not need to use a claims management company to make your complaint
and if your complaint is not successful you can refer to the financial ombudsman service for free.
What Are Mis-sold Car Finance PCP Claims?
The FCA are presently reviewing the application of discretionary credit agreements in the UK car finance industry, where car finance agreements may have been subject to higher than necessary interest rates.
Mis-selling occurs when the person buying the car has not been presented with all the information necessary to decide whether the contract represented value for money or was financially viable.
You may be able to claim for a mis-sold PCP car finance agreement if the salesperson failed to give you all of the information about your agreement, inflated the interest rate you paid, did not check affordability, provided poor advice, or did not inform you of any commissions being charged as part of the agreement.
Commissions were paid on a high percentage of UK Car finance agreements. If you weren’t told the of commission paid then you may have a claim.
Unbeknown to customers, lenders systematically incentivised brokers and car dealers to charge their customers higher interest rates so they could receive higher commissions themselves.
When your case is completed we will charge a fee of 25% plus vat (30% in Total) of the funds you receive. This is less for claims where £20k+ is awarded. Full detail on our fees can be found here.
Why Consumer Savings Network?
No Win No Fee
Experienced
Professional
