In 2021, a Financial Conduct Authority (FCA) investigation discovered widespread mis-selling of car finance agreements.
Over one million have submitted their claims. Don’t miss out and check your agreements now!
No paperwork required!
Enter your registration number in the form above, and you will be directed to our vehicle check section.
Here we will find all the vehicle finance agreements you have had since 2007 so there is no need for you to go digging for the paperwork.
Finally we will ask you to sign a No-Win, No-Fee* agreement. Once you submit your claim we will pass your claim to one of our car finance reclaim solicitors who will proceed strictly on a No-Win, No-Fee* basis.
* The solicitor we recommend will charge you a fee of 18-36% (inclusive of VAT) off your compensation. The solicitor may charge a termination fee if you cancel your agreement with them after the cancellation period, please read their Terms and conditions for more information.
Were you sold a contract with higher interest rates than you were entitled too
Were you informed about hidden commissions being paid to the car dealership at your cost?
Were you sold a finance agreement that you could not afford to pay, are you a victim of irresponsible lending?
Using our soft credit check facility we will find every agreement you could be owed compensation on to maximise your claim
The Financial Ombudsman Service (FOS) upheld a complaint against Barclays Partner Finance in June 2023. In its decision, the FOS said that Barclays had “failed to act fairly and reasonably” by not informing a customer that their car finance agreement had included a commission payment of nearly £1,600.
Up to 90% of all new car sales are funded with some sort of financing, most commonly Personal Contract Purchase (PCP). A significant volume of used car sales use financing, too. While PCP is popular in the used car market, Hire Purchase (HP) is also prevalent in this sector.
According to MoneySavingExpert, which collected data from its readers during a May 2024 survey, 44% of Close Brothers customers have been told that their PCP agreement included a discretionary commission arrangement (DCA), which are at the centre of the car finance mis-selling scandal.
The vehicle finance industry is worth a whopping £40bn pounds to UK car finance lenders.
The outcome of a major investigation into hidden, unfair car finance commission will be pushed back from September 2024 to May 2025, it’s been announced. But the regulator behind the probe has told MoneySavingExpert.com founder Martin Lewis that payouts to drivers are now “more likely”.
Reg2Cash is a trading name of Michael Jukes. Michael Jukes is a sole trader registered in England and Wales. Registered address is 12 West Hill Place, Brighton, BN1 3RU.
Michael Jukes is registered and authorised by the Financial Conduct Authority. Authorisation number 833799
