🚗 CAR FINANCE CLAIMS — TIME TO TAKE ACTION!
🔥 INTRO: TAKE CONTROL OF YOUR CAR FINANCE
Car finance is supposed to make life easier, not trap you in costly deals loaded with hidden charges. Sadly, too many people fall into agreements that bleed their wallets dry. Now’s the time to reclaim control and get what you deserve.
The Financial Conduct Authority (FCA) puts it plainly:
“Consumers must be fully aware of the total cost of car finance, including hidden extras. Many end up with debts they never agreed to.”
The Consumer Financial Protection Agency confirms:
“One in four car buyers end up with deals far more expensive than they expected.”
Watch out for:
- Unexpected fees and sky-high interest rates.
- Penalties for early repayment or returning the car.
- Lack of transparency on your total owed amount.
❓ DO YOU HAVE A CLAIM?
If your car finance deal misled you, rushed you, or left you in the dark, you could have a legitimate claim. Lenders must disclose all fees, interest, and terms. If they didn’t, you’re entitled to push back.
Here’s what could indicate a claim:
- Hidden fees or unclear total costs.
- Pressure to sign before reviewing the deal properly.
- Monthly payments that don’t fit your budget.
- Interest rates or APR that weren’t clearly explained.
- Unexpected penalties for early payoff or car returns.
- Incorrect information about the car’s actual value.
- Loan-to-value ratios that didn’t make sense.
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⚡ HOW TO TAKE ACTION
Stop waiting — it’s time to act. If you recognise any of the points above, follow this roadmap:
STEP 1: Find Their Complaints Page
Visit your lender’s website and locate the
“Complaints” section. This is where your claim starts. They’ll provide the contact info you need.
STEP 2: Write Clearly and Firmly
State exactly how you were misled — facts only, no fluff. Explain how long you’ve been affected, what went wrong, and why it matters. You’re demanding accountability, not asking politely.
Lenders have
8 weeks to respond. If they stall or give weak excuses, escalate to the
Financial Ombudsman Service:
www.financial-ombudsman.org.uk
STEP 3: Request Your Data
File a DSAR — a Data Subject Access Request. You’re entitled to see what information they hold about you. They have 1 month to provide it. Include your full name, date of birth, and previous addresses to ensure you get the full picture.
