For your claim, we will need all of the agreements you made in the last 10 years. We can still help if you don't have your finance agreements to hand, provided we have the name of the lender and/or dealer who provided the finance agreement to you. On your finance agreement paperwork, on your bank statement, or on your credit record you will find the name of your lender. How to get your Finance Agreement.
Depending on how many agreements you need to upload, our form takes as little as a minute to complete. By filling out our form and providing all the information we need, we will help you claim back the money that was mis-sold to you.
We will assist you with claiming back the money you were mis-sold. Our solicitors are able to negotiate with lenders on your behalf to ensure you'll receive the maximum amount of compensation you're entitled to. All of our services are provided on a No Win No Fee basis, which means that you have no risk of financial loss.
To make a claim all you need to do is call or fill in an online form and one dedicated claims handlers will take care of you.
The way lenders remunerate their brokers/dealers is causing customers to pay significantly more for their motor finance
These incentives significantly affect the costs of motor finance for consumers
We are concerned about the disclosure of commissions
The FCA mystery shopped 90% of retailers and only 11 told their customers the dealership might receive commission for arranging the deal.
Over the past 10 years, if you have taken out car finance and been charged more than 3.5% interest, you may have been mis-sold.
Since interest rates were set by the dealer/broker, the higher the interest rate charged, the more commission the dealer/broker received. Clients were also not informed about the commission incentive they were receiving.
The amount of compensation depends on the interest rate, loan amount and length of time you paid the loan. Feel free to contact us for a free no-obligation consultation, one of our claim handlers can explain everything in more detail.
The FCA was concerned in 2019 about the way commission arrangements were being handled in motor finance, which was harming customers to a significant extent.
Some of our claims will settle in a couple of months while others may take over a year. Submitting your claim as soon as possible will give you the best chance of settling your claim.
PCP Finance reclaim acts as an introducer for potential clients/customers to UK legal professionals or claims management companies who are authorised and regulated by the Financial Conduct Authority. PCP Financere claims relationship with it’s partnered claims management companies is limited to that of a business partnership with no common ownership or control rights exist between us. We may receive payment from our partner once a compensation claim is successfully paid out to you. Please note, we will not charge you for our service.
PCP Finance reclaim acts as an introducer for potential clients/customers to UK legal professionals or claims management companies who are authorised and regulated by the Financial Conduct Authority. PCP Financere claims relationship with it’s partnered claims management companies is limited to that of a business partnership with no common ownership or control rights exist between us. We may receive payment from our partner once a compensation claim is successfully paid out to you. Please note, we will not charge you for our service.
