Golf
Add news
News

Car finance mis-selling scandal - how to find out if you're owed £1,000s

0 25
Motorists could be in for thousands of pounds in refunds due to a car finance mis-selling scandal, drawing comparisons with the infamous PPI fiasco. The scandal, which has seen drivers overpaying for vehicles for years unknowingly, centres on undisclosed "secret" commissions paid to dealers by lenders, causing finance agreements to have higher interest rates than expected. The full scale of this issue has recently been unveiled, with a decisive Supreme Court judgement in the UK expected later in 2025 that will determine the extent of lenders' liability for repayments. Customers who purchased vehicles through Personal Contract Purchase (PCP) or Hire Purchase (HP) before 28 January 2021 might be eligible for refunds potentially amounting to thousands of pounds. My Claim Group (MCG) is currently assisting those affected. Estimates suggest that as many as 40% of HP and PCP deals from 2007 to 2021 may involve such commissions, indicating widespread potential for compensation. MCG's efforts...

Comments

Комментарии для сайта Cackle
Загрузка...

More news:

Read on Sportsweek.org:

Other sports

Sponsored