If you did so between 2014 - 2020 you could be owed an average refund of £
You could be a victim of the scandal
Get expert advice
Our panel of experts are ready and waiting to help you with your claim. All of who are regulated by the Solicitors Regulation Authority
Bigger scandal than PPI
Millions have already claimed their compensation on mis-sold PPI don't miss your chance to claim your compensation for mis-sold car finance
£
Consumers often face extra costs for insurance products covering minor damages, which can add over £1,000 to their overall expenses
More than 90% of car finance deals now involve PCP credit, showing its overwhelming prevalence in the sector
£
The total lending related to car finance in 2021, highlighting the significant scale of the car finance market
All of the above figures are cited from this article
What is PCP?
Personal Contract Purchase (PCP) is effectively a personal loan which allows drivers to spread the payments for a car over a long period, typically two or three years
However, unlike a normal personal loan, you won't be paying off the full value of the car and you won't necessarily own it at the end of the deal, unless you choose to pay the final balloon payment
PCP is one of the more complex financial products available to help you buy a car, but it can be broken down into three main parts: the deposit, the amount you borrow and the balloon payment
How do I make the claim process as quick as possible?
The more details you can recall about your agreement, the more likely it will be that the finance company can locate and verify you against their systems promptly
This will also help avoid requests for further information which can delay a decision being made
Why do car dealers offer PCP finance?
Car dealers use PCP finance to draw in people who want to change their car every few years. A large number of new cars you see on the road every day have been bought via a PCP deal, along with a growing amount of used cars too, making it the most prevalent financial product in the market
What if I don't have the paperwork to make a claim?
It is mandatory for car finance companies to keep records of all their customer's transactions and dealings for at least 6 years
Can I still make a claim without my paperwork?
If you paid off your finance agreement more than 6 years ago, there may not be any available paperwork for you
However, there have been cases in which claims have been made against cases of mis-selling over 20 years ago, often without paperwork
Why is the scandal only now coming to light?
The misconception around car finance is that the product being sold is a car. This is only partly true. In fact, the main product that is being sold is a financial product which is a loan
The car is a red herring that has deflected the public eye away from this sector of credit broking meaning it has not been under as much scrutiny as, say, mortgages
The concept of PCP itself is also relatively new
The PCP scandal should never have happened. The compensation you could be owed, per car, is the compensation you deserve
As featured on
Privacy policy
1. About Us
ClaimLion Law is a data controller and is committed to protecting your privacy and takes its responsibilities regarding the security of user information very seriously. This privacy statement sets out how ClaimLion Law complies with both UK and European Union data protection requirements. We have structured our website so that you can visit without identifying yourself or revealing any personal information. Once you choose to provide us with any information by which you can be identified, then you can be assured that it will only be used in accordance with this Privacy Notice.
This website and our services are not intended for children, and we do not knowingly collect data relating to children.
If you have any queries about the policy, please get in touch with us using contactus@claimlionlaw.com or write to us at the address below and we will do our best to answer your questions.
Data Protection Office
ClaimLion Law
79 College Road
Harrow
London
HA1 1BD
2. What is Personal data?
Under the EU's General Data Protection Regulation (GDPR) personal data is defined as: "any information relating to an identified or identifiable natural person ('data subject'); an identifiable natural person is one who can be identified, directly or indirectly, in particular by reference to an identifier such as a name, an identification number, location data, an online identifier or to one or more factors specific to the physical, physiological, genetic, mental, economic, cultural or social identity of that natural person".
3. How we use your information
This privacy notice tells you how we, ClaimLion Law, will collect and use your personal data for example:
Please note that we will not under any circumstances sell or share your data with third party marketing companies without your consent.
4. Why do we collect and store personal data?
We need to collect personal data in order for us to provide you with a service, to answer enquires about our services and to maintain our records. In any event, we are committed to ensuring that the information we collect, and use is appropriate for this purpose, and does not constitute an invasion of your privacy.
5. Personal data categories we collect
We may collect, use, store and transfer different kinds of personal data about you which we have categorised as follows:
6. How we might collect personal data
We use different methods to collect data from and about you as follows:
When you voluntarily provide it to us
You may give us your Identity, Contact and Financial Data by filling in forms or by corresponding with us by post, phone, email or otherwise. This includes personal data you provide when you:
Collected automatically
As you interact with our website, we may automatically collect Technical Data about your equipment, browsing actions and patterns. We collect this personal data by using cookies, server logs and other similar technologies. We may also receive Technical Data about you if you visit other websites employing our cookies. Please see our cookie policy for further details.
Provided by third parties or publicly available sources
We may receive personal data about you from various third parties as set out below:
7. Processing purpose and our legal basis
We will always have a legal basis for processing personal data, and we have methodically assessed our purposes and legal bases.
Our legal basis for processing your information is most commonly in line with our contractual obligations to fulfil the services and products you request from us.
As a Regulated company we are audited and held to high standards for the services and products we offer. Therefore, we may be legally obligated to process personal data during regulatory audits.
In the process of delivering our services, there may be legitimate interests that we pursue, which we have tested to ensure that those interests are balanced, appropriate and we have considered any potential impact on you (both positive and negative) and your rights before we process your personal data for our legitimate interests. We do not use your personal data for activities where our interests are overridden by the impact on you (unless we have your consent or are otherwise required or permitted to by law). If you have any questions about the legal basis for our processing activities, please feel free to get in touch with our Data Protection Office.
8. Recipients of your personal data
During the course of providing the services that you request from us, we may share your information with our processing partners, known as recipients and data processors.
We conduct due diligence with both recipients and data processors around the areas of their data security protocols, data protection policies and we have strict contracts in place that govern how they process your information.
IT Support
We use Sphere IT Consultants Limited for our IT support, infrastructure services and data backups.
Sphere IT Consultants Limited is a company incorporated in England and Wales. Registration number 07140079, having its registered office at 10 Greenleaf House, 128 Darkes lane, Potters bar, Herts, EN6 1AE
9. Email Delivery
When emailing our customers with service updates we use Sendgrid to help us with this.
Sendgrid - part of the Twilio inc corporation - 3 Dublin Landings North wall Quay, Dublin 1 Ireland
Data Backups
We securely store call recordings with Pebbletree Limited trading as Soho66. Pebbletree Limited trading as Soho66, Pebbletree Limited registered in England with the company registration number 05587730 having its registered office at, Suite 1E, Liberty Way, Sunderland, SR6 0QA 3rd Floor
10. Third parties
Third parties to whom we may choose to sell, transfer, or merge parts of our business or our assets. Alternatively, we may seek to acquire other businesses or merge with them. If a change happens to our business, then the new owners may use your personal data in the same way as set out in this privacy notice.
When we may have to disclose your personal data
We may have to disclose your personal data with other third parties as set out below. These organisations or bodies will not use your information to contact you. These third parties will be subject to obligations to process your personal information in compliance with the same safeguards that we deploy.
11. Making sure your data is secure
We have put in place appropriate security measures to prevent your personal data from being accidentally lost, used or accessed in an unauthorised way, altered or disclosed. In addition, we limit access to your personal data to those employees, agents, contractors and other third parties who have a business need to know. They will only process your personal data on our instructions and they are subject to a duty of confidentiality.
We have put in place procedures to deal with any suspected personal data breach and will notify you and any applicable regulator of a breach where we are legally required to do so.
12. How long do we keep data?
We will only retain your personal data for as long as necessary to fulfil the purposes we collected it for, including for the purposes of satisfying any legal, accounting, or reporting requirements.
To determine the appropriate retention period for personal data, we consider the amount, nature, and sensitivity of the personal data, the potential risk of harm from unauthorised use or disclosure of your personal data, the purposes for which we process your personal data and whether we can achieve those purposes through other means, and the applicable legal requirements.
Details of retention periods for different aspects of your personal data are available and you can request more details of that by contacting our Data Protection Office.
By law we have to keep certain information about our customers and this data will be held solely and securely for those legal purposes.
13. Your rights as a data subject
At any point while we are in possession of or processing your personal data, you, the data subject, have the following rights:
All of the above requests will be forwarded on should there be a third party involved in the processing of your personal data.
14. Requesting access to my data
ClaimLion Law at your request, can confirm what information we hold about you and how it is processed. If ClaimLion Law does hold personal data about you, you can request the following information:
How long the data will be stored?
How to lodge a complaint with the supervisory authority?
What forms of ID will I need to provide in order to access this?
ClaimLion Law accepts copies of the following forms of ID when information on your personal data is requested: Passport, driving licence, birth certificate, utility bill from last 3 months.
Contact details of the Data Protection Officer (DPO):
Data Protection Office
ClaimLion Law
79 College Road
Harrow on the Hill
London
HA1 1BD
Email: contactus@claimlionlaw.com
Telephone: 0207 112 8616
15. When things don't go as planned
In the event that you wish to make a complaint about how your personal data is being processed by ClaimLion Law or third parties, or how your complaint has been handled, you have the right to lodge a complaint directly with the supervisory authority and ClaimLion Law's data protection representatives Data Protection Officer (DPO).
The details for each of these contacts are:
Supervisory authority contact details
Supervisory authority
ClaimLion Law
79 College Road
Harrow on the Hill
London
HA1 1BD
Email: contactus@claimlionlaw.com
Telephone: 0800 599 9993
If you have any queries about the policy, please get in touch with us using contactus@claimlionlaw.com or write to us at the address below and we will do our best to answer your questions.
Data Protection Office
ClaimLion Law
79 College Road
Harrow on the Hill
London
HA1 1BD
This privacy policy was last updated on 26th Sept 2023