Manchester, UK – January 5, 2026 – Across the UK, more drivers are beginning to pause and look back at car finance deals they once accepted without question. Agreements that felt clear and routine at the time are now being reassessed, as people take a closer look at the true cost and ask whether they were given the full picture.
At the centre of this shift is Reclaim247, one of the UK’s most trusted services for drivers investigating mis-sold car finance. The company is seeing a significant rise in people using its system to check whether their agreements were fair, especially those involving Personal Contract Purchase (PCP) plans.
A Growing Appetite for Transparency
For many, the first sign of trouble only appears when the agreement ends. That might be a balloon payment they didn’t expect or a final charge that seems out of line with what they were told. Others are surprised to learn that their broker may have adjusted the interest rate to increase their own commission.
“These are the details that people often miss at the time,” said Andrew Franks, Co-Founder of Reclaim247. “It’s only when the full cost becomes clear, or the small print gets a second look, that the doubts start to grow. Our job is to help drivers get answers, and if needed, take the next step with support.”
The Practices Behind Mis-Sold Car Finance
The Financial Conduct Authority (FCA) has highlighted several practices that may have unfairly impacted millions of agreements signed between April 2007 and November 2024. These include:
Discretionary Commission Arrangements, where brokers raised the interest rate to boost their commission without informing the customer
Unfairly High Commission, where the broker was paid significantly more than would typically reflect the value of the loan
Contractually Tied Arrangements, where the customer believed they were comparing several options but were only shown one
Each of these could form the basis for car finance claims or PCP claims, even if the agreement is no longer active.
Why PCP Claims Are Getting Attention
PCP agreements became popular for their low monthly payments, but many drivers say they were not given the full picture. In some cases, balloon payments were not clearly explained. In others, customers were unaware they had only been shown a single finance product.
This lack of transparency has left many with a lingering sense that something was off — and they are now taking action.
A No-Paperwork Path to Clarity
Reclaim247’s free eligibility checker is designed to make the process easy. Customers do not need to track down old contracts or remember their lender. With just a name, address and date of birth, the system searches for agreements and flags any that show signs of mis-selling.
If eligible, the customer is partnered with a regulated legal firm to handle the claim. There is no charge to start and no obligation to continue. A success fee only applies if compensation is recovered.
Curious About Your Car Finance Agreement?
If you financed a vehicle between April 2007 and November 2024, and the deal now feels unclear or unfair, Reclaim247 can help. Whether your agreement was PCP or standard finance, it takes just a minute to run a free check. No paperwork required. No pressure to proceed.
Visit www.Reclaim247.co.uk to get started.
About Reclaim247
Reclaim247 is a multi-award-nominated UK-based claims service that helps motorists uncover signs of mis-sold car finance. With over 500,000 drivers supported to date, the company provides clear, no-pressure access to car finance claims and PCP claims. Its technology-led platform simplifies the process from start to finish, with no win no fee support and FCA-aligned practices.
Media Contact
Company Name: Reclaim247
Contact Person: Andrew Franks
Email: Send Email
Country: United Kingdom
Website: https://www.reclaim247.co.uk/