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Claim Marsh Car Finance Compensation

If you have ever had car finance from Marsh Finance, you may be able to claim compensation if it contained undisclosed commission.

Home E Car, Home & Travel E Car Loans E Marsh Car Finance
For most people looking to get a brand-new car, financing is the most attractive way to secure the funds required. There are many different financial lenders that focus on car finance and offer a variety of specialised financial products, including Marsh Finance. It has recently come to light that many of these lenders have misled their customers by hiding commission values from them. An investigation has highlighted that several well-known car finance firms, such as Marsh Finance, have been involved in this scandal. So if you used the services of Marsh Finance before January 28th 2021, you may be able to claim compensation. At Claims Bible, we’re here to help you understand your rights and guide you through the claims process, ensuring you get the compensation you deserve.

What are Marsh Finance compensation claims?

Marsh Finance external link icon light blue is a specialist financial lender that focuses on car financing. They are among the many companies implicated in the scandal around hidden commission figures packaged into car finance agreements. The discovery was the result of an investigation carried out by the Financial Conduct Authority (FCA), external link icon light blue and documents clear deception from brokers who hid their commission payments in the finance agreements. This has affected many different customers, including those who opted for Personal Contract Purchase (PCP) external link icon light blue and Hire Purchase (HP) external link icon light blue agreements.
As this investigation appears to impact many different customers, the FCA has done a fantastic job of paving the way for victims to seek compensation. Marsh Finance is an incredibly popular car finance lender, so it’s likely that their malfeasance has affected many people. If you believe that you were impacted by this, then our team at Claims Bible can help by looking at the specifics of your case.

How do I know if I have a claim against Marsh Finance?

If you believe that you may have been affected by the Marsh Finance hidden commission scandal, our Claims Bible team can help you understand your rights. We can look at the specifics of your case to ensure it meets the right criteria for claiming. One of the biggest factors will be when you took out the car finance, as it must have happened before January 28th, 2021. We’ll look at all aspects of your claim to ensure you have the best chances of success when seeking compensation against Marsh Finance.
Some other criteria we’ll look at include the specifics of your car finance agreement. Unfortunately, if you took out a lease agreement, then you won’t be eligible to claim for this type of compensation. However, you may still be eligible for other forms of compensation, such as finance affordability claims.

How to make a complaint against Marsh Finance

Once you’ve established that you’re eligible to claim Marsh Finance, our team at Claims Bible can help guide you through the complaint process. This will involve several key steps including teaming you up with our legal partners who specialise in these claims.
Due to the status of the FCA investigation, you can’t make a complaint directly to Marsh Finance until September 25th 2024. This is to give the FCA sufficient time to investigate the claims of hidden commission comprehensively. So, our team at Claims Bible will find the most appropriate body to file your claim with, as this will guarantee that you’ll receive compensation as quickly as possible. Acting quickly with these claims is important, as there is a six-year deadline to claim from when the issue occurred (or three years from when you discovered the issue).

How much is a Marsh Finance car finance complaint worth?

Due to the recent nature of the FCA investigation, there isn’t a standard compensation rate for car finance claims against Marsh Finance. However, when the FCA finishes its investigation, the value of these claims will become more apparent. The FCA has clearly stated that they intend to help complainants by ensuring they receive fair compensation in a timely manner. At Claims Bible, we’ll work hard to ensure you get what you’re owed by guiding your claim to success. If you’d like to learn more, please get in touch with our team at Claims Bible today.

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