FCA News

Your Money Claim specialises in recovering compensation for UK consumers who have been mis-sold motor finance agreements and GAP insurance due to hidden commission. If you took out a PCP (Personal Contract Purchase) or HP (Hire Purchase) agreement, and were not informed about the commission being paid to the dealer or broker, you could be entitled to a compensation refund.

Motor finance mis-selling has affected millions of UK car buyers. Dealerships and lenders failed to disclose hidden commissions which resulted in high-interest rates for consumers. The Financial Conduct Authority (FCA) and recent Court of Appeal and Supreme Court rulings have recognised that consumers were unfairly charged, opening the door to potential compensation claims.

Similarly, thousands of consumers were mis-sold GAP insurance (Guaranteed Asset Protection) without being properly informed of its necessity or cost. Many customers were charged for policies they did not need, and dealerships earned undisclosed commissions from insurers.

At Your Money Claim, we help consumers reclaim what is rightfully theirs. If you believe you were affected by hidden commission on motor finance or GAP insurance, you can start your claim today. Our expert team will handle the process, ensuring you receive the compensation you deserve.