A investigation that is two-year because of the FCA discovered that some engine dealers had been overcharging customers a lot more than ВЈ1,000 in interest. Find out if you may be entitled to a claim.
FCA report discovers that 560,000 motorists could have compensated ВЈ300 million more interest than necessary.
UK motorists into the countless amounts could possibly be owed settlement.
Correlation discovered between greater payment prices and interest levels create вЂњpotential for significant customer harmвЂќ.
Just Exactly What Exactly Is the Mis-Sold PCP Scandal?
The scandal over mis-sold PCP loans has come after having a two 12 months investigation, carried out by the Financial Conduct Authority (FCA), discovered a considerable quantity of motorists had been being overcharged PCP. The UKвЂ™s economic watchdog discovered that 560,000 may potentially have overpaid an astounding ВЈ300 million more in interest than ended up being really necessary.