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Advantage Finance Claims & Refunds

If you been mis-sold a car finance loan from Advantage Finance, we can help you claim the compensation you deserve

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Advantage Finance Claims

A recent Financial Conduct Authority (FCA) investigation discovered widespread evidence of mis-selling on all types of vehicle financing options. As one car dealer openly admits in a recent article, “frankly, we were getting away with murder. We weren’t treating customers fairly and were, in effect, charging them to earn us money.”

 

Advantage Finance's APR is typically 29.35%. As an example, if you take out a Hire Purchase Agreement repayable over 48 months. Vehicle Purchase Price: £7,500. Deposit: £0.00. Amount of Credit: £7,500. Acceptance Fee: £325.00. Interest Payable: £4,200.44. Option to Purchase Fee: £200.00. Total Charge For Credit: £4,725.44. 47 Monthly Repayments of £250.53 Followed By 1 Final Repayment of £450.53.

If you believe you have had a mis-sold or unaffordable loan from Advantage Finance then we can help you get compensation. Start your claim today!

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For Hassle-Free Refunds

A claims specialist
can do all the hard work so you don't need to!

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Simple Process

Making a claim is simple. With just a few details you can start your application.

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No Win, No Fee

You are only charged after the claim has been won and you have your refund!

You do not need to use a claims management company to make your complaint to your lender. If your complaint is not successful you can refer it to the Financial Ombudsman Service yourself for free.

Was My Advantage Finance Loan Mis-sold?

Like all loans, your car finance was mis-sold if the loan was unaffordable or the lender did not perform proper affordable ability checks. If any of the below statements describe your experience with Advantage Finance, you could also be eligible to claim compensation:

The payments were unaffordable or no finance credit checks were carried out

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The car salesperson did not fully explain they would receive a commission on the sale of the car

The lender/bank did not fully explain the commission

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The salesperson skipped through the car finance agreement Terms & Conditions

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The customer felt pressured into the finance deal and was not given a range of options including explaining all of the differences in each type of product

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The salesperson did not make it clear who was financially responsible for the repairs to the vehicle?

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The salesperson did not offer the best interest rate available to you?

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The salesperson did not present to you, with complete transparency, the interest rates charged for all loan options and how they may differ?

Don’t worry if you can’t find the agreement or remember who the lender or dealership was. You just need the name of the company you made the payments to. You should be able to find this information on your old bank statements.

If you think you have a claim, you need to act quickly as there are statutory deadlines, known as limitation periods, that apply to mis-selling claims. Start your claim below for professionals to guide you through the process.