Motorists Urged to Act Now as Car Finance Scandal Deepens
Motorists Urged to Act Now as Car Finance Scandal Deepens
Introduction
With each passing week, the true scale of the UK's car finance scandal becomes clearer, and the message from regulators and consumer experts is unanimous: if you had car finance, now is the time to act. What started as concerns over one type of commission has exploded into a nationwide issue, potentially affecting nearly half of all finance agreements signed over a 14-year period.
For millions of UK motorists, this is a critical opportunity to reclaim money they should never have paid. Here’s why the call to action has become so urgent.
More Than Just One Problem: The Two Pillars of Mis-Selling
The scandal is now understood to rest on two major legal pillars:
Discretionary Commission Arrangements (DCAs): The now-banned system where dealers could hike your interest rate to boost their own commission.
General Secret Commissions: The broader principle, confirmed by the Supreme Court, that any undisclosed commission paid to a dealer could make a finance agreement unfair.
This second pillar is hugely significant. It means millions more people, even those whose agreements didn't involve a DCA, may have a strong case for compensation. The simple test is this: were you clearly told your dealer was earning a commission for arranging your finance? For the vast majority of people, the answer is a firm "no."
Why You Can't Afford to Wait
The Financial Conduct Authority (FCA) has paused the complaints deadline until after December 2025 to organise a fair redress scheme. While this may sound like you have plenty of time, acting now is essential.
A Claims Tsunami is Coming: Once the pause is lifted, lenders will face a deluge of millions of claims. Submitting your claim now ensures you are at the front of this queue, not the back.
Evidence Gathering Takes Time: Many of these agreements are over a decade old. Finding the records can be a challenge. Starting the process now gives us the time needed to conduct a thorough investigation and locate your agreements.
Don’t Risk Being Timed Out: While the FCA has extended some deadlines, these will not last forever. It is crucial to register your intent to claim to ensure you don’t miss out.
PCPclaimDirect Makes it Easy
We know the biggest barrier for many people is the thought of having to find old, lost paperwork. That’s why we have removed that obstacle.
No Paperwork? No Problem: Our specialised systems can often locate your past finance agreements with just your basic details.
A Simple Online Check: Our free, no-obligation eligibility checker takes just a few moments to complete.
No Win, No Fee Guarantee: We handle the entire complex process with zero upfront costs or financial risk to you.
The opportunity for financial justice is here, but it requires action. Don't get left behind.
