Car Finance Commission Scandal UK

Quick Answer

Car Finance Commission Scandal UK: You can claim for free yourself. Never pay an upfront fee to a claims management company. The Financial Ombudsman Service ↗ is free and independent.

Key takeaways
  • Never pay a claims firm for form-filling you can do free
  • Plevin commission claims survived the 2019 deadline — undisclosed commission over ~50% is the trigger
  • A free Subject Access Request forces lenders to search old records

Read This Before You Apply

PPI didn't fully close in 2019 — it changed shape: undisclosed-commission (Plevin) claims survived the deadline, typically where commission exceeded 50% of premiums and was never disclosed.

Paperwork archaeology wins these cases: Subject Access Requests force lenders to search records at no cost to you, and policy references hide in old statements under codes like ASU, LPI or 'payment cover'.

Car Finance Commission Scandal UK

This guide explains your rights and how to claim what you're owed. FindYourPPI.com provides independent information to help you navigate the UK financial complaints process.

Do You Need a Claims Management Company?

No. You can make most financial claims yourself for free. Claims Management Companies (CMCs) typically charge 15–30% of any payout. Here's who you can complain to directly:

RouteCostWho It's For
Financial Ombudsman Service ↗FreeBanks, insurers, lenders
Small Claims Court ↗From £35Smaller claims under £10,000
Direct complaint to lenderFreeAlways try this first
Claims Management Company15–30% of payoutOnly if you prefer not to do it yourself

Step-by-Step: How to Make a Financial Claim

  1. Gather evidence — account statements, correspondence, original agreements
  2. Write a formal complaint to the firm's complaints department
  3. Wait up to 8 weeks for a Final Response Letter
  4. If rejected or unsatisfied, escalate to the Financial Ombudsman Service (FOS)
  5. FOS investigation — takes 3–9 months but is free and independent

Key Financial Complaints Bodies

Expert Tip: Keep a record of every contact with a financial firm — date, time, name of representative, and what was said. This evidence is invaluable if you need to escalate to the Ombudsman.

Frequently Asked Questions

In Plevin v Paragon the Supreme Court ruled that hidden commission on PPI created an unfair relationship. Even if a mis-selling claim failed, you may reclaim the commission portion plus interest.

Check old statements and agreements for terms like 'payment protection', 'loan protection', 'ASU', or write to old lenders — they must search records back many years.

No — you can claim yourself at no cost, and claims firms take up to 24%+VAT of any award. Free templates do the same job.

The FCA's main deadline passed in August 2019, but claims remain possible where you were never properly informed, only recently discovered the policy, or via Plevin commission claims — often through the courts rather than the ombudsman.

Compare & Save Today

We compare the UK's leading providers — free, with no credit impact

Resolver

Free online complaints tool

Free · No Commission
Start My Complaint Free →

Financial Ombudsman

Free independent dispute resolution

Free · Independent
Escalate My Complaint →

Which? Consumer Rights

Know your rights before you claim

Free · Trusted Since 1957
Check My Rights →

MoneySavingExpert PPI

Martin Lewis guide to PPI claims

Free · No Middleman
Read the Free Guide →

* Links marked with ↗ may earn FindYourPPI.com a referral fee at no cost to you. We only feature FCA-authorised providers. Learn more.

🎯 Free — No Obligation

Get Your Free Financial Quote

Tell us what you need and we'll match you with FCA-authorised advisers who can help — completely free.

  • ✅ No credit check to enquire
  • ✅ FCA-regulated advisers only
  • ✅ Free, no-obligation quotes
  • ✅ Response within 24 hours

🔒 Your data is safe. We never sell your information to third parties.

Free Mortgage Quote Compare 14,200+ deals in minutes
Get Quote →