How was PCP Car Finance mis-sold?

If any of the following applies to you, it is likely you were mis-sold and could possibly claim for PCP Car Finance compensation:

  1. A lack of understanding – if you did not understand the process or investment that you were advised on.
  2. Hard sales or pressure selling – where you felt  pressured into taking a finance deal you didn’t want or need.
  3. Given poor advice – if you were advised to take out PCP finance when you didn’t need to.
  4. Lack of transparency on fees – if you were not made aware of any management fees or additional costs attached to the finance.
  5. Were questions asked about you? – financial products must be tailored to your demands and needs. Did the advisor check that you were able to afford the repayments?
  6. No advice given on the risks – the advisor didn’t give you all the information you needed to assess the risks.

Read more about PCP car finance on the FCA website.