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  • Writer's pictureMis-sold Car Finance

Mis-sold Car Finance. Taken Out Between 2010 and 2021? Make YOur Claim Now.

MIS-SOLD CAR FINANCE COMPENSATION CLAIMS



The issue with mis-sold car finance in the UK is that some customers may have been overcharged for their car loans due to unfair commission arrangements between car dealerships and lenders.


These arrangements allowed car dealerships to increase the interest rates on car finance contracts and earn more commission, without disclosing this to the customers. 


This practice was banned by the Financial Conduct Authority (FCA) in January 2021, but it may have affected millions of car finance agreements taken out before that date.



If you think you have been mis-sold car finance, you can file a claim now in case the Financial Conduct Authority puts a claims deadline in place.


Claimline Legal UK can assist you in handling disputes between consumers and companies and handle your claim end-to-end. 


The amount you may be entitled to claim is determined by various factors, such as the size of the loan, the duration of the agreement, and the interest rate you were quoted. The FCA is currently investigating the extent of the mis-selling and whether compensation is necessary for the affected customers.


If you took out car finance between 2010 and 2021, lodge your mis-sold car finance claim with Claimline Legal UK now before its too late.


Call Claimline Legal UK now on 0800 779 7457 or go to www.missoldcarsfinance.co.uk


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