What constitutes a Motor Finance Claim?
You may have the right to redress and make a Motor Finance Claim if
The Broker or Dealership vcaried the interest rate to receive a higher commission.
The Broker or Dealership has not informed you of the commission they will be receiving from the sale of the product.
The Lender has allowed a conflict of interest by rewarding Brokers and Dealerships for selling inflated interest on finance products to obtain higher commission. The Lender is required to thoroughly assess your affordability of the product and notify you of the said commission structure. Primarily if it affects the amount, you will have to pay back.