Lloyds Bank sets aside £450 million for mis-sold car loans - As seen on the BBC

Did you purchase a car on finance before January 2021? You could claim thousands in compensation.

Check now to see if you qualify by completing our short online free checker tool.

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Process takes minutes

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Start your car finance claim in 3 simple steps

Start free check

Use our free checker tool which has been created to identify if you could be eligible to claim compensation for your car finance.

E-sign our paperwork

Digitally sign our terms of business which automatically ensures that we have the permission to act on your behalf.

Await our response

Once your claim has been initiated, we will keep you updated throughout the process. We may also come back to you with additional questions.

PCP car finance scandal in the news

Car finance: what is the FCA looking into and will people get money back?

Motor finance review: Lloyds Bank sets aside £450 million for mis-sold car loans

Car finance investigation: Everything we know so far - could you be owed £1,000s?

Can I make a car finance claim?

The FCA warns you may be affected by the issue:

- You bought a car on finance (such as hire purchase or personal contract purchase) before 28th January 2021.

- There was a discretionary commission arrangement between the dealership and your lender.

- You were not made aware of the commission being made by the dealership.

If you have been affected by the above or feel you were pressurised into taking car finance with your dealership, you may be eligible for compensation.

Start FREE check
Process takes minutes

Which finance companies are affected?

Some lenders that are being investigated include:

- Black Horse
- Lloyds Banking Group
- Santander
- Close Brothers
- Royal Bank of Canada
- Barclays Finance

If you took finance out with the above, or any other provider, to purchase a car before January 2021, you could be eligible to receive compensation.

Start FREE Check
Process takes minutes

Most popular claims

Mis-sold car finance

Discovered unfair treatment in your car finance agreement? Take control online – Initiate your claim now by contacting us through our secure online portal.

Capita data breach

A victim of a Capita data breach? Safeguard your privacy online – Take immediate action by initiating your data breach claim through our secure online platform.

St. James's Place overcharged fees

Noticed discrepancies in St. James's Place management fees? Reclaim control online – Start your investigation and potential fee recovery by submitting your claim through our user-friendly online system.

Unaffordable lending

Struggling with unaffordable lending practices impacting your finances? Regain control online – Connect with us to initiate your unaffordable lending claim securely and conveniently through our online channels.

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A message from our Managing Partner

"As the Managing Partner at Veritas Solicitors, I'm passionate about aiding UK car owners in the latest PCP scandal. Our commitment extends to simplifying the process through an online digital system, ensuring a swift and hassle-free experience for our clients. At Money Britain, we're here to make your compensation claims journey straightforward and effective."

Faraz Fazal - Managing Partner

Start FREE Check
Process takes minutes

Frequently asked questions

What is the new announcement?
How long is the pause for?
What is a discretionary commission arrangement?
Does this affect my existing claim?
I thought you have already logged a complaint.
How long will it take before my claim settles?
Will this affect my affordability complaint?