Claiming Compensation for a Mis-Sold Car Finance
Mis-sold Car Finance
If you took out a car finance agreement, such as Personal Contract Purchase (PCP) or Hire Purchase (HP), you may have questions about how your finance was sold and whether all relevant information was properly explained.
The FCA have determined this happened on finance agreements between 2007 and 2024.
Why choose Blue Panda Finance?
Our experienced team aims to make the process as straightforward as possible.
We will:
- Review your current and previous car finance agreements.
- Explain the claims process in plain English.
- Assess whether your circumstances may be suitable for further review.
- Keep you informed throughout the process.
Every case is different and whether a claim can proceed will depend on your individual circumstances.
You do not have to use a claims management company. You can contact your lender directly or use any available FCA redress scheme for free.
FCA Motor Finance Review
The Financial Conduct Authority (FCA) is continuing its work in relation to certain motor finance commission arrangements.
As a result, the way some complaints are progressed may be affected while the FCA completes its review. Consumers are, however, still able to make enquiries and begin the assessment process.
Starting your assessment now means your circumstances can be reviewed and, where appropriate, prepared so you’re ready for the next stage once the relevant process is available.
For more information about motor finance complaints and the FCA’s current guidance for consumers please visit https://www.fca.org.uk/consumers/car-finance-complaints
Could your agreement qualify for a review?
We may be able to help if you:
- took out a car on finance
- believe aspects of your finance agreement were not fully explained
- have concerns about how your finance was arranged
- are unsure whether commission or other important information was disclosed; or
- simply want an independent assessment of your circumstances.
Meeting one or more of these factors does not necessarily mean you have a valid claim or that compensation will be payable, but it may indicate that your agreement would benefit from further review.
Our Process
Step 1 – Complete our simple online form by providing a few key details. It takes less than 60 seconds.
Step 2 – We’ll assess the information you’ve provided and identify any eligible car finance agreements, including agreements dating back to 2007 where possible. In most cases, there’s no need to locate old paperwork yourself.
Step 3 – We will represent you throughout the whole claim process, keeping you updated each step of the way.
Fees
We provide a review of your current and historic car finance agreements to help identify potential grounds for a claim. If you choose to proceed with our trusted partner firm, a fee between 15 – 30%+VAT applies on successful claims (fee dependant on level of redress secured), and a cancellation fee may apply outside the 14-day cooling-off period. You will have the chance to review our paperwork, and any fees you may incur prior to signing.
Full details can be found on our Fees page.
Important Information
Using a claims management company is entirely optional. You can pursue a complaint directly with your finance provider or refer your complaint to the Financial Ombudsman Service without using a claims management company.
Claiming Compensation for a Mis-Sold Car Finance
Mis-sold Car Finance
If you took out a car finance agreement, such as Personal Contract Purchase (PCP) or Hire Purchase (HP), you may have questions about how your finance was sold and whether all relevant information was properly explained.
The FCA have determined this happened on finance agreements between 2007 and 2024.
Why choose Blue Panda Finance?
Our experienced team aims to make the process as straightforward as possible.
We will:
- Review your current and previous car finance agreements.
- Explain the claims process in plain English.
- Assess whether your circumstances may be suitable for further review.
- Keep you informed throughout the process.
Every case is different and whether a claim can proceed will depend on your individual circumstances.
You do not have to use a claims management company. You can contact your lender directly or use any available FCA redress scheme for free.
FCA Motor Finance Review
The Financial Conduct Authority (FCA) is continuing its work in relation to certain motor finance commission arrangements.
As a result, the way some complaints are progressed may be affected while the FCA completes its review. Consumers are, however, still able to make enquiries and begin the assessment process.
Starting your assessment now means your circumstances can be reviewed and, where appropriate, prepared so you’re ready for the next stage once the relevant process is available.
For more information about motor finance complaints and the FCA’s current guidance for consumers please visit https://www.fca.org.uk/consumers/car-finance-complaints
Could your agreement qualify for a review?
We may be able to help if you:
- took out a car on finance
- believe aspects of your finance agreement were not fully explained
- have concerns about how your finance was arranged
- are unsure whether commission or other important information was disclosed; or
- simply want an independent assessment of your circumstances.
Meeting one or more of these factors does not necessarily mean you have a valid claim or that compensation will be payable, but it may indicate that your agreement would benefit from further review.
Our Process
Step 1 – Complete our simple online form by providing a few key details. It takes less than 60 seconds.
Step 2 – We’ll assess the information you’ve provided and identify any eligible car finance agreements, including agreements dating back to 2007 where possible. In most cases, there’s no need to locate old paperwork yourself.
Step 3 – We will represent you throughout the whole claim process, keeping you updated each step of the way.
Fees
We provide a review of your current and historic car finance agreements to help identify potential grounds for a claim. If you choose to proceed with our trusted partner firm, a fee between 15 – 30%+VAT applies on successful claims (fee dependant on level of redress secured), and a cancellation fee may apply outside the 14-day cooling-off period. You will have the chance to review our paperwork, and any fees you may incur prior to signing.
Full details can be found on our Fees page.
Important Information
Using a claims management company is entirely optional. You can pursue a complaint directly with your finance provider or refer your complaint to the Financial Ombudsman Service without using a claims management company.