Resources
- News
- 04 November 2025
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Admin admin
Investec Reserves £30 Million as FCA Investigates Motor Finance Commissions
Investec Plc has allocated £30 million to cover potential costs as the Financial Conduct Authority investigates Investec's historical motor finance commission practices and all of the UK’s financial firms. The FCA probe centres on discretionary commission arrangements that allow car dealerships to earn more by raising interest rates, a practice banned in 2021. This investigation is part of a broader regulatory crackdown affecting major financial players, including FirstRand and Lloyds Banking Gr...
- News
- 04 November 2025
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Admin admin
FOS Deals with 20,000 Car Finance Commission Complaints, Court of Appeal Rulings Expected to Influence Case Handling
The Financial Ombudsman Services (FOS) is currently reviewing 20,000 complaints related to car finance commission cases. Most of these cases involve unfair arrangements of agreement and a lack of transparency in the commission of the broker. The outcomes of these cases could potentially set new precedents that will reshape how commissions are managed and disclosed, leading to potential changes in the regulations that will enforce more transparent practices in the car finance industry.
- News
- 04 November 2025
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Admin admin
FOS Cites 20,000 Car Finance Complaints Sparked by Hidden Commissions
The Financial Ombudsman Service (FOS) cited approximately 20,000 car finance commission complaints as consumers realized that they were charged of hidden commissions in their car finance agreements. The FOS reported that majority of these cases involved unfair car finance agreement and undisclosed dealer commission. The results of the investigation of these cases could potentially shape future decisions and ruling of the FOS.
- 04 November 2025
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Admin admin
Court of Appeal to Hear Landmark Case on Motor Finance Commissions
The Court of Appeal is set to hear the groundbreaking consolidated proceeding of three cases filed against Close Brothers, Firstrand & Motonova over car finance commissions.
- Guide
- 04 November 2025
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Admin admin
FCA Seeks to Extend Pause until December 2025 for Firms to Respond to Motor Finance Complaints
The FCA is consulting on extending the pause for companies to respond to motor finance complaints related to discretionary commission arrangements until 4 December 2025. Other timelines in the claims/complaints process will also be extended.
- News
- 10 October 2025
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Admin admin
Car Finance Issues: Common Challenges Faced by Consumers in Complaints1
The UK car finance scandal has revealed widespread problems with mis-sold car finance, from hidden commissions to inflated interest rates. Thousands of drivers are now exploring car finance claims and using a PCP claim check to see if they could be due car loan compensation. This guide explains the most common car finance issues, the latest updates for 2025, and what steps to take if you believe your agreement was mis-sold.
- News
- 10 October 2025
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Admin admin
Car Finance Issues: Common Challenges Faced by Consumers in Complaints2
The UK car finance scandal has revealed widespread problems with mis-sold car finance, from hidden commissions to inflated interest rates. Thousands of drivers are now exploring car finance claims and using a PCP claim check to see if they could be due car loan compensation. This guide explains the most common car finance issues, the latest updates for 2025, and what steps to take if you believe your agreement was mis-sold.
- News
- 10 October 2025
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Admin admin
Car Finance Issues: Common Challenges Faced by Consumers in Complaints3
The UK car finance scandal has revealed widespread problems with mis-sold car finance, from hidden commissions to inflated interest rates. Thousands of drivers are now exploring car finance claims and using a PCP claim check to see if they could be due car loan compensation. This guide explains the most common car finance issues, the latest updates for 2025, and what steps to take if you believe your agreement was mis-sold.
- News
- 10 October 2025
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Admin admin
Car Finance Issues: Common Challenges Faced by Consumers in Complaints4
The UK car finance scandal has revealed widespread problems with mis-sold car finance, from hidden commissions to inflated interest rates. Thousands of drivers are now exploring car finance claims and using a PCP claim check to see if they could be due car loan compensation. This guide explains the most common car finance issues, the latest updates for 2025, and what steps to take if you believe your agreement was mis-sold.
- Guide
- 10 October 2025
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Admin admin
Car Finance Issues: Common Challenges Faced by Consumers in Complaints5
The UK car finance scandal has revealed widespread problems with mis-sold car finance, from hidden commissions to inflated interest rates. Thousands of drivers are now exploring car finance claims and using a PCP claim check to see if they could be due car loan compensation. This guide explains the most common car finance issues, the latest updates for 2025, and what steps to take if you believe your agreement was mis-sold.