Is car finance the next PPI? Claims management firms cause concern
over 2 years in The guardian
Drivers could be missing out on full compensation amid rise of third-party firms submitting claimsUK consumers were this week urged to avoid the “plague” of claims management firms targeting people who may have been mis-sold a car finance deal. It has prompted suggestions that these firms may regard car finance as “the next PPI”.Complaints about car finance lenders almost doubled in the last financial year, driven by an increase in third-party firms submitting claims on behalf of individuals. Continue reading...