How It Works
Your Rights
You have the right to recover undisclosed commissions and challenge overcharged interest rates. We guide you through asserting your rights and seeking compensation for any financial losses caused by Reclaim PCP Finance or HP agreements.
Inadequate Credit Checks
Many customers were approved for car finance despite having credit histories that should have led to rejection. This oversight led to high-cost agreements being sold to people who may not have been able to afford them, creating financial strain. Lenders and dealers failed in their duty of care.
Inflated Interest Rates
Lenders sometimes pushed unnecessarily high-interest loans to earn commissions, ignoring your rights as a consumer. All financial information must be clearly disclosed under consumer law—a standard that was overlooked in numerous PCP and HP agreements.
Hidden Commissions
Some dealers, intermediaries, and lenders received undisclosed commissions for selling PCP or HP agreements, even when they weren’t suitable for the customer. These fees were added to the loan without your knowledge, an unethical practice now prohibited.
Technical Data
Key PCP Claim Statistics
