UK FCA motor-finance consumer redress scheme
UK motor-finance agreements from 2007-04-06 through 2024-11-01 where lender-paid broker/dealer commission arrangements were not sufficiently disclosed and meet FCA eligibility thresholds may be covered.
- Claim window
- Claim deadline: 2027-08-31T00:00:00.000Z
- Implementation periods run to 2026-06-30 for loans from 2014-04-01 and 2026-08-31 for earlier loans; consumers not contacted can complain to firms by 2027-08-31. Legal challenge may delay payments.
- Estimated payout
- ~GBP 829 typical
- FCA estimates GBP 7.5B redress at 75% uptake; average redress per eligible agreement GBP 829.
- Claims administrator
- Financial Conduct Authority
Eligibility
Official sources
- Financial Conduct AuthoritySource kind: officialSource last checked: not recorded
Verification note
Official FCA page confirms scheme, legal challenge/Upper Tribunal suspension, scope, dates, redress estimate, and average agreement value. Founder-approved for public catalog as monitor via app-compens-ai-approval-9013ac9c.
This is informational routing only, not legal advice, not a guarantee of eligibility or payout, and not an automatic submission on your behalf. Compens.ai does not represent you in this matter. Always confirm current details directly with the official source or claims administrator linked above before acting.
This opportunity is being monitored, not an open claim — it is flagged (e.g. under active legal challenge) and not currently accepting private case preparation. Check back once its status resolves.