Marsh Finance Car Finance Claim — PCP & HP Compensation 2026
Scheme status (updated 5 August 2026): parts of the FCA motor finance redress scheme are temporarily suspended while the Upper Tribunal considers legal challenges. Lenders do not currently have to calculate or pay compensation under the scheme, the original decision and payment dates no longer apply, and no payment under the scheme is guaranteed. If the scheme proceeds, first payments are expected in 2027 at the earliest. Any dates mentioned below were set before the suspension.
If you financed a vehicle through Marsh Finance between 6 April 2007 and 1 November 2024, you may be entitled to compensation under the FCA confirmed motor finance redress scheme (PS26/3, 30 March 2026). Marsh Finance is an independent non-prime car finance lender with over 50 years of experience in the UK market, operating primarily through independent dealer networks. Average payout: £829.
Who Is Marsh Finance?
Marsh Finance is an independent UK motor finance lender specialising in non-prime and near-prime customers. With over 50 years in the market, Marsh Finance provided PCP and HP agreements through a network of independent and franchised dealers, with a focus on used vehicle finance. As an independent non-prime lender operating through third-party dealer networks, Marsh Finance agreements are particularly likely to have involved Discretionary Commission Arrangements — the model under which dealers set interest rates within a range to earn higher commissions.
Is Marsh Finance Covered by PS26/3?
Yes. Marsh Finance is FCA-regulated and all regulated PCP and HP agreements it arranged between 6 April 2007 and 1 November 2024 are within scope of PS26/3. The complaint deadline is 31 August 2027.
Three Grounds for a Marsh Finance Claim
1. Discretionary Commission Arrangements (DCAs)
Prior to 28 January 2021, Marsh Finance dealers could vary your interest rate within a lender-defined range. Independent non-prime lenders operating through third-party dealer networks had among the highest DCA rates in the industry because customers had limited alternatives.
2. Unfairly High Fixed Commission
Post-January 2021 agreements may qualify where the fixed commission met the FCA threshold of 39% of the total cost of credit and 10% of the loan amount.
3. Contractual Ties
Where Marsh Finance had exclusive or preferential arrangements with specific dealer networks that were not disclosed, the contractual tie ground may apply. Unlike manufacturer-captive lenders, Marsh Finance does not share a brand identity with the dealers it worked through, so the tied arrangement exclusion does not apply.
How Much Could You Receive?
The FCA confirmed average payout is £829. Use our car finance claims calculator to estimate your specific payout.
Scheme Timetable (Original Dates, Now Suspended)
Post-April 2014 agreements: Complain before 30 June 2026 → determination by 30 September 2026 → payment by November 2026
Pre-April 2014 agreements: Complain before 31 August 2026 → determination by 30 November 2026 → payment by January 2027
Final complaint deadline: 31 August 2027
How to Complain
Submit your complaint to Marsh Finance using the contact details on your original agreement or via the FCA’s official lender list at fca.org.uk/consumers/car-finance-complaints/list-lenders. Include:
- Your full name and date of birth
- Your address at the time of the agreement
- The vehicle make, model and registration number if known
- The approximate start date of the finance agreement
- A statement that you are complaining about undisclosed commission arrangements under the FCA motor finance redress scheme (PS26/3)
No paperwork? See: Claiming Without Paperwork
Related Pages
Multiple Car Finance Agreements
Frequently Asked Questions
Marsh Finance specialises in non-prime. Does my credit history affect my claim?
No. Your credit history does not affect PS26/3 eligibility. See: Bad Credit Car Finance Claim
I financed a used car through an independent dealer using Marsh Finance. Is that covered?
Yes. See: Used Car Finance Claim
The independent dealer I used has closed. Can I still claim against Marsh Finance?
Yes. Your claim is against the lender. See: What If the Dealership Has Closed?
Think You May Have a Motor Finance Claim?
The FCA estimates average compensation of around £830 per eligible agreement, but eligibility and payment amounts vary. Some customers may receive nothing. Complaints about agreements started from 1 April 2014 should be submitted by 30 June 2026 to be considered under the earlier timetable. Different dates apply to older agreements. The scheme is currently subject to legal challenge, so dates and payment timings may change.
