Mis-Sold Car Finance? Claim Compensation Today
If you had a car finance agreement, and were not fully informed about the terms, you could be entitled to thousands in compensation. At ClaimLion, we specialise in helping consumers claim back what they are owed due to mis-sold car finance – all on our No Win, No Fee Guarantee.
It is highly likely that any vehicle purchased after 2007 will have involved hidden commissions that you can now claim back.
Whether you had a Personal Contract Purchase (PCP), a Hire Purchase (HP), or a Personal Contract Hire (PCH) agreement, each of these finance options was designed to give customers like you an opportunity to buy or lease a car. However, many customers unknowingly paid more due to hidden commissions and high interest rates.
Why Could You Be Owed Money?
If your car dealership earned a commission for arranging your finance package and did not fully disclose this to you, you are likely be eligible for a refund of these commissions plus interest. Many people were overcharged due to undisclosed commissions or inadequate affordability checks that led to customers entering into agreements they could not realistically afford. Also, you may not have been informed about other finance options that could have provided you with a better deal.
You may have been mis-sold a car finance agreement if:
You were not informed about the commission your broker or dealer was receiving.
The interest rate was higher than expected due to undisclosed commissions.
You were not given clear information about alternative finance options.
The finance provider or dealer failed to explain the full costs and risks.
Average refund
We have already helped thousands of customers claim back money for undisclosed commissions and you could also be entitled to compensation. (Click To Find Out More)
