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Submitted URL: https://www.usedcarfinancingclaim.uk/
Effective URL: https://www.carfinancingclaim.com/
Submission: On July 26 via automatic, source certstream-suspicious — Scanned from DE
Effective URL: https://www.carfinancingclaim.com/
Submission: On July 26 via automatic, source certstream-suspicious — Scanned from DE
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Car Financing Claim - Did you buy a used car or van? DID YOU BUY A USED CAR OR VAN? REGISTER NOW * Home * The Claims * The Team * Documents * Media * FAQ Toggle menu CAR FINANCING CLAIM - DID YOU BUY A USED CAR OR VAN? DID YOU BUY A USED CAR OR VAN? REGISTER NOW * Home * The Claims * The Team * Documents * Media * FAQ Toggle menu If so, you might be part of the class and owed compensation. You can also find out more about the claims and how they work on our FAQ page. Did you buy a used car or van on finance from one of Black Horse, Santander or MotoNovo between 1 October 2015 and 27 January 2021? REGISTER TO STAY UPDATED CAR FINANCING CLAIM WHAT IS THE CLAIM Did you buy a used car or van on finance from one of Black Horse, Santander or MotoNovo between 1 October 2015 and 27 January 2021? If so, you might be part of the class and owed compensation. The UK Financial Conduct Authority launched an investigation into discretionary commission. In its Final Findings, it stated that discretionary commission arrangements may be leading to significant consumer harm, and some customers are paying significantly higher interest rates than they would otherwise have paid under an alternative commission model. The claims are to recover these losses on behalf of consumers who entered into finance agreements with Black Horse, Santander or MotoNovo. FAQs LEARN MORE 1 MILLION CLASS MEMBERS We estimate that over one million consumers entered into affected finance agreements with one of Black Horse, Santander or MotoNovo within the relevant period and are therefore in the class. £1,100 LOSSES In its final findings, the UK Financial Conduct Authority estimated that on a typical motor finance agreement of £10,000 the discretionary commission model could have resulted in class members paying around £1,100 extra in interest over the four year term of the agreement. +£900 MILLION CLAIM VALUE Based on the UK Financial Conduct Authority’s calculations, we estimate that the claims could be worth around £900 million in total. * USEFUL LINKS * The Claims * The Team * Documents * Media * FAQ * Register your interest Copyright © 2024 Car Financing Claims. All rights reserved. Designed and Developed by Angeion Group. Privacy Policy We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok Menu button's label REGISTER NOW