You could be owed £2,075¹ for car financeCould you be owed up to £2,075¹ for car finance?
Bought a car on finance between April 2007 and November 2024? You could be owed up to thousands in potential compensation. Bought a car on finance between April 2007 and November 2024? You could be owed £££.
Check your agreements in just 90 seconds
A slice of the £7.5 billion may have your name on it
Millions of customers who purchased cars on finance between April 2007 to November 2024 don’t realise they may have been overcharged. With The Finance Claim, you can check if you could qualify for compensation in about 60 seconds.
Inflated Interest Rates
Before the regulator banned discretionary commission arrangements, lenders could raise your car-finance interest rate to earn extra commission. This practice was prohibited in January 2021 following an investigation.
Unfair Agreements
In August 2025, a major Supreme Court case held that some car-finance agreements could be unfair even where the lender didn’t adjust the interest rate. This is likely to apply where excessive commissions were charged or where car dealers were paid by certain lenders to arrange finance through them.
It's Official
The FCA has announced details of a compensation scheme set to return £7.5 billion to 12.1 million drivers - with payments starting this year. Consumers with eligible agreements who complain before the implementation period ends will be paid faster than those who wait to take action.
Our Offering
With The Finance Claim, our system integrates with major credit reference agencies to find all car-finance agreements in your name, even if you’ve moved home or changed your name since you bought the car. In about 60 seconds ³, you can check whether your past agreements could be deemed unfair.
How does it work?
There are three quick steps, all online.
Find Your Agreements
We can locate your HP or PCP agreements from 2007 onwards in about 60 seconds ³, even if you’ve moved home or changed your name.
Check Your Eligibility
We review each agreement to identify potential undisclosed or excessive commission and other indicators of unfairness.
Your Results
We’ll confirm which agreements may be eligible for compensation. Our experienced financial mis-selling team handles your case end-to-end on a No Win, No Fee basis ⁴.
A slice of the £7.5 billion could be yours
Thousands of drivers have trusted their car finance claim with The Finance Claim.
Why Choose Us?
We are a financial mis-selling law firm with a team of experts dedicated to pursuing financial mis-selling claims and helping customers like you pursue compensation.
Transparent Fees
No Win No Fee means you only pay our fees if your claim is successful and you abide by the terms of our agreement. Our fee for a successful claim that is settled without litigation is up to 36% inclusive of VAT. If your claim is settled through litigation, the maximum deduction is capped at 48% inclusive of VAT. Your claim would only be litigated if we believe you will achieve a better outcome. You can cancel without charge within 14 days of instructing us. For cancellations after 14 days, we can charge for our reasonable costs.
Specialist Team
Our dedicated financial mis-selling team manages cases like yours from start to finish. A secure online portal keeps you informed at every stage, from complaint to outcome, so you always know what happens next.
Honesty
You do not have to use a law firm or claims management company to make a complaint. You can complain to your lender or refer your case to the Financial Ombudsman Service for free, and that is absolutely fine. The FCA has also introduced a Consumer Redress Scheme which you can also access for free. If you instruct The Finance Claim, our team will find all finance agreements you have had since 2007, even if the lender has not retained any records. As we are a law firm, we can also litigate if we believe this would achieve a better outcome (e.g. a higher amount of compensation than what you may get through the scheme).
