Car finance reclaim.

Ladywild68

Regarding the latest I am trying to find out who now owns Yes Car Credit, I had fiancé with them back in 2006 , can’t find anything, it did say auto finance direct in an old thread but it’s no longer them. 

DullGreyGuy

Look at your paperwork to find the legal name of the entity as there is brand today using the name but probably isn't the same company. 

Yes Car Credit Limited is currently a dormant company owned by Vanquish Bank, it became dormant in 2019 but ceased trading in 2005 when it was owned by Provident. 

Nasqueron

Ladywild68 said:

Regarding the latest I am trying to find out who now owns Yes Car Credit, I had fiancé with them back in 2006 , can’t find anything, it did say auto finance direct in an old thread but it’s no longer them. 

• This may be time barred due to the age, may not be, you'll have to see. Do you even have any documentation? Lenders often destroy data after 6 years following the closure of the account, for something like PCP which is 3 years, yours would have ended 2009-10 time so documents likely shredded in 2016 on - so how do you prove you had finance?
• Do you know for sure they used this variable interest rate based commission? Do note to further emphasise this point - this ONLY affects finance companies who had commission based on APR given to borrowers and then ONLY if they inflated YOUR rate 
• Do note you will not be "reclaiming" your car finance, no-one will know what, if any, compensation or refund will apply