A Simple Guide: Everything You Need to Know About Making a Car Finance Claim*

Why This Matters

It’s been all over the news: millions of people in the UK took out car loans where dealers secretly earned commission by inflating monthly payments – leaving the customer worse off. The result? You could be entitled to claim back £1,000+ for each Mis-Sold Car Finance Agreement. In this article, we’ll explain what to look out for and the steps you can take to pursue compensation.

What Is a Car Finance / PCP Claim?

A Car Finance Claim (sometimes called a PCP Claim) is a way to pursue compensation from the finance company that provided the loan and paid an undisclosed commission to the dealer.

In many cases, dealers earned more by making your loan more expensive. One of the common practices is known as a Discretionary Commission Agreement (DCA) – where the dealer could increase your interest rate in order to earn a higher commission.

If you financed your car between 2007 and 2021, there’s a chance your agreement could have included hidden commissions – just like millions of others in the UK.

👉 Check if you qualify here

How Do I Know If I Qualify?

Step one is simple: find your car finance agreement(s). These must have been taken out between 2007 and 2021. These documents allow you to check whether they fall within the relevant period and originate from one of the finance companies likely to have mis-sold car loans.

*Don’t have the paperwork, or don’t want to go through it yourself? No problem – you can use our easy Mis-Sold Agreement Finder to locate them.

An important indication of mis selling:

• You were not told about the existence, amount, or method of calculating the dealer’s commission.

If that applies to you, there’s a good chance you may qualify. You can easily run the check through our Mis-Sold Agreement Finder.

👉 Check if you qualify here

How We Help

We make the process quick and straightforward:

1. We find your eligible car finance agreements Use our Mis-Sold Agreement Finder to securely locate your agreements.
2. Instant check See right away which loans might qualify for compensation.
3. Complete your registration Review and sign our documents so we can act on your behalf.
4. We handle the rest Our team manages the entire process – working to claim back the compensation you could be entitled to, while keeping you updated every step of the way.

👉 Find your Agreement(s)

*My Car Loan Claims is a trading name of Alawco Limited. Alawco Limited, registered in England and Wales with registration number 13197985. If you would like us to represent you, we work on a ‘no win, no fee’ basis. Please refer to the fee section on our website for full details on our ‘no win no fee’ agreement, fee table, and examples: www.mycarloanclaims.co.uk/fees. You can bring a claim yourself free of charge without legal representation. A consumer redress scheme may be introduced in the future.