Tuesday, 20 December 2011

Mis-sold car loan claims

A mis-sold car loan claim could be made if your vehicle finance was improperly set up.
As with any finance purchase, taking out a car loan should be done on the recommendation of a qualified professional, but if that person knowingly gives dishonest, misleading or irresponsible advice you could end up with a product that does not suit your needs.
In these instances it can be possible to make a mis-sold car loan claim. To be successful, it has to be proven that the adviser acted irresponsibly or unprofessionally and put your financial situation at risk.
This does not always mean that money was lost, but could be that you were placed in an avoidable situation and risked financial harm, or simply be that the loan taken out did not meet your requirements and was unsuitable for your situation. Business loan claims.

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