Why make a claim?

It's very simple

If you answer ‘No’ to any of the below, you may be eligible to make a claim:

• Were you advised of the commissions that were being paid?
• Were you offered the best interest rate available?
• Were you offered various finance options based on your circumstances, and informed how they differ?
• Was the agreement unaffordable, or was the agreement not properly explained to you?
• YES, I needed to borrow from a different Lender to cover my initial loan repayments.

Other Ways you can be mis-sold motor finance

-Did not explain how the car finance works: a good salesman should take the time to explain how the finance agreement works and what you’re signing up for. If they didn’t do this, it’s possible you were mis-sold your finance.

-Ineffective credit checks: lenders are required to carry out credit checks to make sure you can afford the finance agreement. If they didn’t do this or didn’t do it properly, you may have been mis-sold your finance.

–Unfairly Charged Fines And Fees: if you’re being charged unfair fees or fines, this is another sign that you may have been mis-sold your finance.

-brokers not regulated: if the broker is not regulated by the fca then this Is an unfair way of selling to customers as they are not bound by certain rules.