Telephone: 01518 327801
Car Finance
A recent investigation by the Financial Conduct Authority (FCA) found that lots of people in the UK have been hit with hidden charges on car loans, especially Personal Contract Purchase (PCP) deals. It turns out, approximately 8 out of 10 cars bought through these deals have overcharged customers so dealers can pocket more commission.
Got a Car on Finance?
If you've financed a car through PCP or a car loan, you might've paid more than you should've. We can help you claim back thousands of pounds if:
- You weren't told about other finance options.
- The dealership didn't tell you about the commission they were getting.
- You weren't warned about fees for ending the contract early.
- You were misled about interest rates.
- You got bad advice on how much the car would be worth at the end of the deal.
How do I determine if I qualify for compensation?
If you’ve had a finance agreement like PCP or HP in the last decade, you may be eligible for compensation due to mis-selling
What criteria must I meet to make a claim?
Your lender must have failed to disclose the commission details on your agreement(s). If your finance details were inadequately explained or you faced higher interest rates due to commissions, you could be eligible for £1,000s
Does the type of agreement matter (PCP vs. HP)?
Don’t worry if you had an HP loan instead of a PCP agreement - we accept claims for various vehicle finance agreements.
The PCP Experts is a trading style of Justizia Law