Amid a huge FCA probe, Reclaim247 is now representing thousands of UK motorists who may be able to claim compensation for mis-sold car finance agreements. As a leading claims management firm, Reclaim247 leads the national movement to address the long-neglected practice of Discretionary Commission Arrangements (DCAs) in automotive finance.
Fair Play in the Light of Unfair Practices
An investigation by the FCA into historical car finance compensation claims has shined a much needed spotlight on DCAs - car dealership-lender deals that saw sellers hike interest rates for higher commission - often without the buyer's knowledge. These opaque agreements have disproportionately affected UK drivers, many of whom were unaware they had been overcharged.
“We’ve been fighting for financial fairness long before the FCA launched its formal inquiry,” says Andrew Franks, Co-Founder of Reclaim247. “Our mission has always been clear—empower consumers with knowledge and support them through the claims process with integrity and urgency.”
The Scale of the Problem
According to FCA estimates, millions of finance agreements may have included DCA clauses. Reclaim247's early response and infrastructure readiness have made the company a leader in handling mis-sold car finance UK claims.
Franks says, "Drivers trusted dealerships to provide clear financing options. Instead, some paid thousands more than necessary. We’re here to help them reclaim what’s rightfully theirs.”
Why This Matters Now
It is a time-sensitive window for affected drivers to file a complaint. So while the FCA reviews the matter, experts foresee increased claims activity as awareness spreads. Reclaim247 has expanded to meet the demand and give clients the attention they deserve.
“This is more than just a compliance issue—it’s about justice,” explains Franks. “With rising living costs, recovering lost funds could make a huge difference in people’s lives.”
How Drivers Can Take Action
Reclaim247 makes car finance claims simpler for users. The claimant provides the details of their past car finance agreements - some as far back as 2007 - and Reclaim247 assesses eligibility and files on their behalf.
"Many do not even realise they were mis-sold," Franks says. "If you didn't understand your interest rate or the commission structure, you may have a claim."
Building Consumer Trust With Transparency
What sets Reclaim247 apart is not its proactive approach, but its ethical commitment. The company offers free initial assessments, clear terms, and no-win, no-fee arrangements.
“We’re not just processing claims—we’re restoring confidence in the system,” says Franks. “And we’re proud to lead that charge.”
A Moment of Change
With the FCA’s review poised to reshape consumer protections in the finance sector, Reclaim247 is calling on all drivers who purchased vehicles using hire purchase or personal contract purchase (PCP) agreements to check their eligibility.
“This is a rare moment where the industry is being held accountable,” concludes Franks. “Don’t miss your chance to be part of that change.”
About Reclaim247
Reclaim247 is a UK-based consumer claims specialist dedicated to financial justice. With years of experience in challenging unfair financial practices, the company combines legal expertise with customer-first service to help consumers recover funds lost through mis-selling and misconduct.
Media Contact
Company Name: Reclaim247
Contact Person: Andrew Franks
Email: Send Email
City: Manchester, M20 2DW
Country: United Kingdom
Website: https://www.reclaim247.co.uk/
