Learn About Our History
Decades of experience
- Expertise: With a deep understanding of FCA and FOS regulations, we specialize educating you on cases of unaffordable finance and mis-selling.
- Advocacy: We provide the latest information by your side, ensuring your rights are protected.
- Results: Our website can help in securing compensation and refunds speaks to our commitment to delivering tangible results.
Don’t Compromise When It Counts Most
Providing you the Information
to support your claims
If you’ve experienced financial hardship due to unaffordable repayments, this website is here to support you in achieving financial fairness.
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Are you eligible?
If you’ve experienced financial hardship due to prioritizing car finance payments over other essential bills or obligations, your loan may not have been genuinely affordable. We analyze your situation to determine if your lender failed to conduct proper affordability checks or acted negligently. From there, we work to reclaim what you’re owed—whether it’s a refund, compensation, or both.
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Be Empowered
We aim to inform individuals who: Purchased finance only to discover it was unaffordable, or found themselves juggling debt, household bills, and living expenses due to prioritizing loan payments, or were misled or poorly informed about the terms of their finance agreements or hidden, undisclosed commissions meant they were wrongly advised about a product.
Financial Claims Experts
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Free information at your side
Let us help you, we understand the emotional and financial toll that unaffordable loans can have. Our goal is to provide you with the support and solutions you need to regain control of your finances and reclaim what’s rightfully yours. Contact us today to find out how we can help you take the first step toward financial fairness.
Our website specializes in helping individuals reclaim refunds and compensation for unaffordable or mis-sold car finance and loans, ensuring lenders are held accountable to Financial Conduct Authority (FCA) and Financial Ombudsman Service (FOS) standards.
If you suspect you were impacted by discretionary commission practices or believe your car finance agreement was unfair, reach out to us for assistance. Whether you’re uncertain about the details of your agreement or need guidance on your next steps, our team is here to help clarify your options and assess whether you have a valid claim. It’s worth exploring—you could be entitled to a refund, compensation, or more.
Making a claim for unfair discretionary commission charges or unaffordable car finance could result in significant benefits, including a refund of overpaid interest and additional compensation, such as statutory interest (typically 8% per annum). Beyond financial reimbursement, a successful claim can alleviate financial strain, helping you regain stability and control over your finances. Additionally, challenging these unfair practices holds lenders accountable, promoting greater transparency and fairness in the lending market for others. With a straightforward claims process, the potential rewards could make a meaningful difference to your financial well-being.
Find out if you have a claim
We ensure lenders are held accountable to the Financial Conduct Authority (FCA) and Financial Ombudsman Service (FOS) standards
Important Things You Should Know
QUESTIONS & ANSWERS
Unaffordable finance refers to loans or credit agreements, such as car finance, that were given without proper consideration of your ability to repay them comfortably. According to the Financial Conduct Authority (FCA), a loan is only considered affordable if you can meet the repayments on time without experiencing financial hardship or neglecting other essential financial commitments, such as debts, household bills, and living expenses.
If you had to prioritize your loan repayments at the expense of other obligations—such as taking on additional debt or falling behind on bills—it’s likely the loan was not affordable. Lenders are required to conduct thorough affordability checks, and if they failed to do so, you may be entitled to compensation.
If your car finance or loan was unaffordable or mis-sold, you could be entitled to a refund of overpaid interest and fees, compensation for financial distress, or both. In some cases, the loan balance may also be reduced or written off entirely if the lender’s negligence is proven.
Compensation aims to restore your financial position to where it would have been if the loan had not been unaffordable or mis-sold. Our team specializes in reviewing cases and helping clients secure the refunds and damages they deserve.
Evidence is essential to proving your claim and may include your finance agreement, correspondence with the lender, proof of financial hardship, and records of your income and expenses at the time of the loan. This documentation helps demonstrate that the loan was unaffordable or mis-sold.
Additional evidence, such as credit card statements or proof of late bill payments, can highlight the financial strain caused by prioritizing loan repayments. Our team can guide you through the process of gathering and organizing this information to strengthen your case.
Discretionary commission claims refer to instances where car finance dealers set interest rates higher than necessary to increase their commissions without informing the customer. This practice, common before January 28, 2021, was deemed unfair by the Financial Conduct Authority (FCA) and led to numerous complaints and refunds.
The Financial Ombudsman Service (FOS) has already ruled in favor of customers in cases like Black Horse and Barclays Partner Finance, where higher rates resulted in excessive commissions. Customers may now claim refunds, including interest, if they were charged unfair rates under these “secret” commission agreements.
Mis-sold car finance occurs when lenders fail to follow regulations, such as providing clear information about terms, interest rates, or conducting affordability checks. If you were not informed about additional charges, given unsuitable loan options, or felt pressured into agreeing to terms that were unaffordable, you might have been mis-sold car finance.
Signs of mis-selling include vague explanations of the loan, undisclosed fees, or terms that were not explained in full. If your car finance left you in financial difficulty or required sacrifices to meet repayments, it’s worth investigating whether the lender acted improperly.
The Financial Conduct Authority (FCA) regulates lenders and sets strict guidelines to ensure loans are affordable and fair. The Financial Ombudsman Service (FOS) steps in to mediate disputes between consumers and lenders, providing a neutral judgment if you believe you were wronged.
These organizations are key to holding lenders accountable. If a lender fails to meet FCA regulations or rejects a valid claim, the FOS can review the case and enforce corrective actions, such as compensation or refunds.
The time frame for resolving a claim can vary depending on the complexity of your case and the lender’s response. Some claims may be settled within a few weeks, while others might take several months, particularly if referred to the Financial Ombudsman Service (FOS).
Our team works diligently to ensure your claim progresses as quickly as possible. We provide regular updates throughout the process, so you’re always informed about the status of your case.
If you took out car finance before January 28, 2021, and suspect your dealer set a high interest rate for their commission, you could be eligible for compensation. Key indicators include being unaware of how your rate was determined or finding that your loan was set at the highest possible rate.
Even if your payments were manageable, this is a claim about unfair overcharges, not affordability. You may have the right to a refund of excess interest paid, along with statutory interest. Checking your agreement and contacting your lender is the first step to finding out if this applies to you.
Ask Us Anything, Anytime.
If you suspect you were impacted by discretionary commission practices or believe your car finance agreement was unfair, reach out to us for assistance. Whether you're uncertain about the details of your agreement or need guidance on your next steps, our team is here to help clarify your options and assess whether you have a valid claim. Contact us via phone, email, or by filling out our online enquiry form. Provide as much information as possible about your car finance agreement, including the lender's name, the loan start date, and any concerns you have. Even if you’re unsure about your eligibility, it’s worth exploring—you could be entitled to a refund, compensation, or more.