Were You Mis-SoldCar Finance?
If you had a PCP or HP car finance agreement between 2007 and 2024 the dealer may have hidden a commission that increased your interest rate without telling you. The FCA has confirmed £7.5 billion set aside for compensation. Average payout £829 per agreement.
You may be eligible if...
The FCA scheme covers a wide range of agreements. You do not need paperwork to check.
- You had a PCP or HP car finance agreement
- The agreement was between 6 April 2007 and 1 November 2024
- You were not clearly told about commission paid to the dealer
- The dealer could set your interest rate — earning more commission if they set it higher
- You had more than one agreement — each is a separate claim
- The car was new or used
- You no longer have the paperwork — lenders hold the records
You are unlikely to qualify if...
Some agreement types fall outside the FCA scheme.
- Your agreement was a pure hire or lease — no option to buy at the end
- Your agreement started before 6 April 2007
- Your agreement started after 1 November 2024
- You have already received a final settlement for this specific agreement
💡 Not sure? Complete our free 3-minute assessment and we will tell you exactly whether you qualify — based on your specific agreement details.
How we help you claim
Four steps from checking eligibility to receiving your compensation.
Answer a few questions about your car finance history. Takes 3 minutes. We identify which agreements may be eligible.
We connect you with a vetted FCA-authorised claims specialist who handles your complaint on your behalf.
Your specialist submits your complaint to the lender. Lenders must respond under the FCA scheme timeline.
Compensation is paid directly to you. The specialist takes their agreed fee only on success. You pay us nothing.
All major lenders are included
The FCA scheme covers agreements from all regulated motor finance lenders operating in the UK between 2007 and 2024.
Everything you need to know
What is the PCP car finance scandal?
Between 2007 and 2024 many car finance dealers received hidden commission payments from lenders. In many cases the dealer could increase your interest rate — earning more commission while you paid more without knowing. The FCA investigated and confirmed this was widespread, affecting an estimated 14.2 million agreements across the UK.
How much could I receive?
The FCA estimates an average of £829 per agreement. However payouts vary significantly depending on the size of your loan, your interest rate and how long the agreement ran. Higher value vehicles such as Land Rover, Mercedes-Benz, BMW and Audi typically result in above-average payouts. If you had multiple agreements each one is assessed separately.
I do not have my original paperwork — can I still claim?
Yes. Lenders are legally required to hold records of all finance agreements. You do not need any paperwork to make a complaint. Your lender will locate your agreement using your name, date of birth and previous address. The vehicle registration number also helps identify the agreement.
What is the deadline to claim?
The final deadline to submit a complaint is 31 August 2027. However if you complain before 30 June 2026 your lender must respond by 30 September 2026 with payment expected by November 2026. Acting now means getting paid significantly faster.
Can I claim for myself without a specialist?
Yes. The FCA scheme is free for consumers to use directly. You can contact your lender and submit a complaint yourself at no cost. If your complaint is rejected you can refer it to the Financial Ombudsman Service for free. Rightful Money connects you with a specialist if you want expert support — but it is always your choice.
What is Rightful Money's role?
Rightful Money is an administrative introduction service. We identify people who may be eligible for PCP car finance compensation and connect them with vetted FCA-authorised claims specialists. We earn a small introducer fee from the specialist only when compensation is successfully recovered. You pay us nothing directly, ever.
Check if you are owed car finance compensation
3 minutes. Free. The FCA scheme is now open. Complain before 30 June 2026 for the fastest payout — responses by September, payment by November.