How to find out if you're owed thousands from mis-sold car finance scandalThis Morning, ITV
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00:00 What you need to work out is who did you have your finance with?
00:03 Now, you might not even be able to find that.
00:05 Look back on your bank statements,
00:07 because it might tell you who you were making those monthly payments to.
00:10 So look back on your bank statements, find out who your policy was with.
00:13 Can you find your policy paperwork?
00:15 Do you know the policy number? That's going to help.
00:17 Obviously, you're going to know your name and address and date of birth.
00:19 You're halfway there already.
00:21 And then you issue your complaint
00:23 and you lodge it with your car finance provider.
00:27 And then you'll be ready for the kick in September
00:30 when they decide the FCA is bound to say that this was an unfair practice.
00:35 Of course, the lenders at the moment are adamant this was not unfair.
00:38 And Lloyds Bank have said, "We welcome the upcoming industry review.
00:42 "Our customers don't need to do anything right now,
00:44 "but can wait for the FCA outcome."
00:46 Not the advice we're giving, I'm afraid.
00:47 We're saying, "Do something now."
00:49 "Any customers who'd like to make a complaint
00:51 "should contact us directly using the contact form
00:53 "on the Blackhorse website."
00:54 Santander, similar response.
00:56 They're aware of the FCA's intended review
00:58 of historical commission arrangements.
01:00 And we welcome the clarity which the FCA's intervention
01:03 on this important issue will bring.
01:04 This is going to be a huge story that we will keep coming back to.
01:10 Don't panic about it. Just think back in your mind.
01:12 Have I, or anyone I know, got a finance agreement
01:17 that dates back on my car, on my vehicle, between 2007 and 2021?
01:22 And if you have, you are bound to be due some commission.