Here's why...

Between 2014 and 2020, Dealerships made huge amounts of money selling PCP/HP car finance using a complex financial model called Discretionary Commission Arrangements (DCA) - which is now BANNED. Here's how it worked...

Under the dodgy "DCA model", the lender allowed them to set the interest rate at anywhere between 3% and 15%, and the higher the rate they charged they more they got paid.

This means you paid more interest just because a sleazy dealer in a suit decided to pad their own pockets at your expense. 

Here's what you can claim for...

Basically, if the vehicle you bought WAS sold using the DCA model, and the interest rate you were charged was higher than the minimum, you could be eligible...

1. A full refund of the difference.
2. Interest at 8% per annum on the overcharged interest you paid. 

Here's what you can claim for...

Basically, if the vehicle you bought WAS sold using the DCA model, and the interest rate you were charged was higher than the minimum, you could be eligible...

1. A full refund of the difference.
2. Interest at 8% per annum on the overcharged interest you paid. are optional.

How Do You Know If You Were Ripped Off?

You can make a legal claim against the lender, which will force them to disclose if it was sold using a DCA model. You can do this yourself, or use our service to have a legal professional manage the entire process.