Barclays PCP Refund 2025 Claim for Mis-sold Car Finance

Identifying whether your car finance or PCP agreement was mis-sold by Barclays can be complicated, yet certain indicators can help you determine if you were affected. One significant sign is the lack of disclosure regarding commission; if the dealership did not inform you that they were receiving a commission from Barclays for recommending a particular finance deal, this could suggest mis-selling. Additionally, if the terms of the agreement, such as interest rates, balloon payments, or total repayment costs, were not adequately explained, this may indicate that Barclays or the dealership did not thoroughly inform you of the contractual obligations involved. Another red flag is if you were approved for car finance while having a low income, poor credit history, or pre-existing significant debt burdens; this could point to irresponsible lending practices by Barclays. Furthermore, if you experienced high-pressure sales tactics that pushed you into accepting the deal hastily, it might not have been in your best interest, reflecting a potential mis-sale by Barclays. Lastly, if you were led to believe you would own the car outright at the conclusion of a PCP agreement without being clear on the necessity of making a balloon payment, this misunderstanding could signify that the terms were not properly communicated. Being aware of these signs can aid in assessing whether your agreement with Barclays might have been mis-sold, enabling you to take appropriate actions to address the situation.

Signs That Your Car Finance or PCP Agreement Was Mis-Sold by Barclays

Identifying whether your car finance or PCP deal was mis-sold can be challenging. Here are some common signs to look out for:

1. You Were Not Informed About Commission
   If the dealership didn’t disclose that they were earning a commission for recommending a specific finance deal, you may have been mis-sold.
2. The Terms Were Not Properly Explained
   Were you unsure about the interest rates, balloon payment, or total repayment costs? If these weren’t clearly explained, the agreement might have been mis-sold.
3. You Couldn’t Afford the Repayments
   If you were approved for car finance despite having a low income, poor credit history, or significant existing debts, this could constitute irresponsible lending.
4. You Felt Pressured Into the Agreement
   High-pressure sales tactics from the dealership or lender can lead to customers agreeing to deals that aren’t in their best interest.
5. You Were Misled About PCP Terms
   If you were under the impression that you would own the car at the end of a PCP agreement without understanding the balloon payment, the deal may not have been properly explained.

We can help you make a Claim for Mis-sold PCP by Barclays

At Facility Review LTD, we specialize in assisting clients in addressing mis-sold Personal Contract Purchase (PCP) finance agreements, specifically those through Barclays. Our expertise in navigating the complexities of financial mis-selling ensures that you can pursue your claim with confidence and ease. PCP agreements can be intricate, and many consumers are unaware that they may have been mis-sold a product that did not adequately meet their requirements. If you suspect that you have been mis-sold a PCP by Barclays, we are here to guide you through the process seamlessly. Our service operates on a transparent “no win, no fee” basis, meaning that you will not incur any fees unless we successfully recover compensation on your behalf. This ensures that you are financially safeguarded while we undertake all necessary steps to pursue your claim efficiently and effectively. Our dedicated team of legal experts will handle the intricacies involved, diligently reviewing your case to provide tailored advice and advocacy. To begin the process, simply click the designated button on our website to get started. This will initiate our straightforward, step-by-step procedure to assess your claim eligibility, ultimately ensuring that your consumer rights are upheld. Facility Review LTD is committed to providing a professional and supportive service throughout your claim journey, prioritizing your peace of mind and striving to achieve the justice and financial restitution you deserve. Let us assist you in reclaiming what is rightfully yours, with expertise and commitment at every stage.