Could you be due a payout?
You may not have heard about the mis-sold car loans scandal, but it’s worth looking into. Thanks to an ongoing investigation into unfair commission costs, if you bought a vehicle using a car finance arrangement before 2021, you could be owed thousands in compensation.
WHAT IS THE SCANDAL?
The Financial Conduct Authority (FCA) has been reviewing discretionary commission arrangements (DCAs). This was banned in January 2021 when it was thought that it created an incentive for brokers to increase interest