*Compensation examples for illustration only, does not include any representative fees. Calculation based on Mrs Y v Black Horse Ltd discretionary commission claim, assumes zero-discretionary commission APR of 5%, 48-month term, agreement started 01/01/2016, 8% simple interest pa on overpayments up to 01/04/2026 and full payment schedule followed.
Have I Been Mis-sold a Car Finance Agreement?
WHY
Car finance agreements like Personal Contract Purchase (PCP) or Hire Purchase (HP) are significant financial commitments. That’s why you deserve full transparency when signing one—so you can make an informed, financially responsible decision.
HOW
You may be owed compensation due to possible disclosure failings related to your PCP or HP agreement. These include failures to properly disclose the commission earned by the person who arranged your contract and/or the ability to vary the interest rate applied—meaning you may have paid higher interest without even knowing it.
WHAT
If the commission was hidden or not clearly explained, you could be entitled to thousands of pounds in compensation— per finance agreement.
Am I eligible for a PCP claim?
You may be eligible to make a claim with us if:
Condition 1/4
You have purchased one or more vehicles through a finance arrangement (such as PCP or HP) after 6th April 2007 and before 28th January 2021.*
Condition 2/4
You were not informed about the existence, amount, or the method by which this commission arrangement was calculated.
Condition 3/4
You have not taken any steps to pursue compensation, either personally or through a representative.
Condition 1/4
You have purchased one or more vehicles through a finance arrangement (such as PCP or HP) after 6th April 2007 and before 28th January 2021.*
Condition 2/4
You were not informed about the existence, amount, or the method by which this commission arrangement was calculated.
Condition 3/4
You have not taken any steps to pursue compensation, either personally or through a representative.
*You may also be able to claim for car finance taken between 28 January 2021 and October 2024, subject to a Supreme Court case.
How does it work?
Retrieve Agreements
Submit Details
Complete Your Registration
Done!
*A soft credit check won’t affect your credit rating.
Don't just take our word for it – hear from our clients:
Alawco – Specialists in Compensation
About MyCarLoanClaims.co.uk
Alawco is a specialist law firm dedicated to recovering funds for affected consumers. With decades of expertise in financial and legal disputes, Alawco helps individuals secure the compensation they are rightfully owed. We started the My Car Loan Claims initiative to assist consumers in claiming compensation for mis-sold PCP and HP car finance agreements.
Sylvain Van de Weyer
Founder and Director
Hayley Betteridge
Solicitor Advocate, Director and COLP
Paul Morgan
Financial Controller
Mark Neville
Head of Client Services
Sylvain Van de Weyer
Founder and Director
Hayley Betteridge
Solicitor Advocate, Director and COLP
Paul Morgan
Financial Controller
Mark Neville
Head of Client Services
Frequently Asked Questions
Yes, these claims likely fall within the scope of a statutory ombudsman, a statutory compensation scheme or an alternative dispute resolution scheme, meaning you can bring a claim yourself free of charge and without representation.
However, filing this type of claim yourself can be time-consuming. You may need to gather documents, submit a formal complaint to your lender, and explain how the mis-selling affected you. If they reject or ignore your claim, you may then need escalate it to the Financial Ombudsman. Instead, our team handles this for you —hassle-free and on a no-win, no-fee basis.