DRIVERS caught up in mis-sold car finance scandals are being warned not to risk losing half their compensation.
Around 30,000 motor finance complaints were dealt with by major lenders between January 2019 and the end of June 2023.I had to split £10M jackpot with council estate neighbours - I'm going to cry'It's the next PPI' - Top lawyer claims Brits due 'billions' over dodgy car finance deals... here's how to make your claimfirms offer to fill in the paperwork and chase compensation for you, and while they are legal, experts slam them for taking a slice of the cash.
Typically, complaints about any finance product need to be made to the provider within six years of a problem occurring. Ask them to tell you if there was a discretionary commission arrangement in place — and say that if there was, you want them to investigate your complaint about this arrangement. But around a quarter of a million use Collect & Pay, where the paying person is charged 20 per cent and the receiving one loses four per cent.
The DWP said parents failing to make their payments would revert to the original 20 per cent fee as a deterrent., Secretary of State for Work and Pensions, told The Sun: “Child maintenance means the difference between a childhood with hope or one blighted by poverty. That’s why we are cracking down on the few who are shirking their duties.”It’s feared up to 20,000 bill payers could have this year been moved to a tariff that was more costly than if they had gone direct to the new provider.