Drivers Could Be Owed Part of £8.1 Billion in Hidden Car Finance Fees – Here’s What You Need to Know

Motorists across the UK were hit with £8.1 billion in hidden car finance commissions between 2007 and 2021, according to data from TotalClaim. Under Discretionary Commission Arrangements (DCAs), car dealers were able to adjust customer interest rates to increase their own earnings, often without properly informing buyers. This practice was banned by the FCA in January 2021, but it affected 14.6…

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