Vehicle finance commission complaints
The Financial Conduct Authority say some customers may not have been properly informed about commission payments on their vehicle finance.
Get support with commission complaintsThere are several benefits of financing your vehicle. These include:
• A fixed rate of interest and fixed monthly payments
• Finance that is only secured against the vehicle, not your house or other assets.
• The option to pay lump sums at any point in your agreement to reduce your interest and future monthly instalments This means you can pay off your agreement early, either partially or in full. (Charges may apply for a one-off payment that exceeds £8,000 or for accumulated payments over a 12-month period that exceed £8,000).
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