You could reclaim £1000s in hidden fees

If you’ve taken out a PCP or HP car loan in the past 15 years, you could be entitled to £1000s in mis-sold fees!

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How do I know if I am eligible?

Are you one of the millions of UK motorists who may have been mis-sold car finance PCP and Hire Purchase Agreements?

If ANY of the statements below apply to you, you may be due £1000s in compensation from a car finance Claim.

The finance company did not inform you of any sales commission(s)

The finance company told you they receive a commission but not how much

You paid a high rate of interest on your car finance deal

You took out a car finance deal between 2007-2021

News from the FCA

“The Financial Conduct Authority (FCA) have said that commission was paid on 95% of UK Car finance agreements. If you weren’t told the exact amount

Lenders

Almost all major lenders have been at fault for mis-selling car finance. Start your claim today!

Car finance claims are currently featured on

Join the thousands who have already successfully won £1000s!

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Why choose PCP Claims Hub?

Experienced

Team

SUCCESSFUL

High Success

Rate

Renowned

Partner Firms

PCP AGREEMENTS

What is a PCP finance claim?

Personal Contract Purchase (PCP) agreements are the most commonly sold financial products for acquiring a car. With an initial deposit, ongoing monthly payments, and a final ‘balloon’ payment, they make vehicle ownership extremely feasible for most consumers. If this sounds familiar, you’ve likely signed a PCP agreement. If you did so between 2007 – 2021, you are probably eligible for a car finance claim.

Our Numbers

Successful claims

1,818

Years of experience

15+

Partner Solicitor Firms

6

HP AGREEMENTS

A Hire Purchase (HP) contract requires a constant monthly payment for you to obtain a vehicle, with no lump-sum payment at the close of the finance period, differing from PCP contracts. Although HP contracts are primarily marketed to commercial clientele, there’s a chance this kind of loan was personally secured by you. If that’s the case, you’ve probably entered into a HP contract. If the commitment was between 2007 and 2021, there’s a high probability you’re qualified for a car finance claim.

What is a HP finance

claim?

TESTIMONIALS

Success stories from our clients

Discover real-life success stories from others who PCPClaimsHub have helped to win compensation over mis-sold comission on their car finance agreements!

HELP CENTER

Frequently Asked Questions

Is PCPClaimsHub free to use?

Absolutely! We work on a no win, no fee basis, meaning you won’t pay a penny unless your claim is successful!

How much money will I get?
The amount of compensation you receive can depend on various factors. Firstly, it depends on the size of your loan; the larger the loan, the greater the compensation. It also hinges on the interest rate and whether you were sold a higher rate than you should have been. Lastly, the length of your agreement and when it commenced will influence your overall payout.
Can I make a claim for multiple cars?

Yes of course!

How does it work?

If you are eligible, we will forward your information onto one of our partner solicitor firms, who will then contact you and ask you for some more information regarding your car finance agreement. After you have provided this, just sit back and await news on your claim!

What documentation do I need to provide?

You’ll need to provide your ID, Proof of Address & a copy of your Finance Agreement. If you don’t have your car finance agreement to hand, you’re able to request it from your lender/finance provider!

How long does it take to receive compensation?

The time frame for resolving a car finance claim can vary significantly based on the complexity of the case and the responsiveness of the involved parties. Typically, after filing a complaint with the lender, they have up to eight weeks to respond. However, if their resolution is unsatisfactory or if they fail to respond within this period, the claim can be escalated to the Financial Ombudsman Service, which may take several months to reach a decision. The entire process, from initial complaint to final resolution, can range from a few months to over a year. At PCPClaimsHub, our expertise and proactive approach in dealing with lenders and the Ombudsman allow us to navigate the complexities more efficiently, aiming to achieve a quicker and more favorable resolution for your mis-sold car finance claim.

Can I claim on my own?

Yes, you can claim for mis-sold car finance without using a claims management company. First, you must make a complaint to your lender. If your complaint is unsuccessful, you can escalate it to the Financial Ombudsman Service. However, using a claims management company can alleviate the stress of the process. We are experienced in helping clients receive the compensation they deserve with ease.

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