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DCA – Case Closed: No Claim
We are writing to inform you that we have heard from your lender that discretionary commission wasn’t added to your vehicle finance agreement, which means you were not affected by this practice.
However, as you may have seen in the press recently, a case that made it to the Court of Appeal, resulted in a ruling that ‘consumers need to know all the material facts including the amount of commission.’ This ruling means a shift towards possibly being able to recover all car finance commission.
Although the Supreme Court and the FCA are yet to release their guidance on this, we are optimistic that you may still be awarded compensation as a result of this claim. As soon as we know more, we will be in touch.