Category: Mis-sold Car Finance

Placeholder for featured-tablet image size

A Landmark Shift: Court of Appeal Decision on Secret Car Finance Commission in Johnson, Wrench, and Hopcraft Cases

The recent Court of Appeal decision in the cases of Johnson, Wrench, and Hopcraft marks a significant development in the realm of financial law, particularly concerning car finance commission payments to third parties.

Placeholder for featured-tablet image size

Financial Ombudsman Service Decision On Pivotal Test Case Of Young Vs Black Horse May Lead To Consumers Recovering Compensation For Mis Sold Car Finance Agreements

Legal rights for individuals who may have been mis sold car finance agreements may be significantly improved after the Financial Ombudsman Service reached a decision on a test case involving a Bott and Co client.

Placeholder for featured-tablet image size

Car Finance Market Mis-selling Scandal Explained

In March 2019, the findings of an investigation by the Financial Conduct Authority (FCA) uncovered concerning evidence of widespread unclear and excessive car finance costs, affecting millions of UK drivers. Even more shocking is the discovery that the secret commission methods were used on what is commonly represented to be the most cost-effective way of buying a car.