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Suzuki car finance claims
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According to https://register.fca.org.uk/s/firm?id=001b0000025Q1epAAC you complain to Lloyds Bank - email and telephone number in the complaints section.
PS... use a better description than "reclaim car finances"... you are complaining about discretionary commission1 -
There is definitely people posting in these new threads who think they’re getting their monthly payments back.2
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Unfortunately Martin and MSE explain things in incredibly simple terms and throw around the best case optimistic terms like "billions in refunds" which assumes every car finance package was affected by this model, everyone was charged a huge increase in APR, everyone will get all the extra money back plus interest etcDesmond_Hume said:There is definitely people posting in these new threads who think they’re getting their monthly payments back.
FCA might well turn around and say only a few hundred thousand people were potentially affected any of those, a small % were directly affected by sales staff and it ends up with a few tens of thousands of people getting a few hundred quid backSam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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My favourite bit on this week's Martin Lewis telly show was when the woman asked if she could "claim" on her 0% car finance deal.1
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I would love it if those people were shot down as the greedy chancers that they are, or just patronise them with an answer showing how daft they are.Nearlyold said:My favourite bit on this week's Martin Lewis telly show was when the woman asked if she could "claim" on her 0% car finance deal.
Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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But those are the people this site relies on to make its millions in profit each year so it isn't going to happenNasqueron said:
I would love it if those people were shot down as the greedy chancers that they are, or just patronise them with an answer showing how daft they are.Nearlyold said:My favourite bit on this week's Martin Lewis telly show was when the woman asked if she could "claim" on her 0% car finance deal.0 -
When it's someone ringing into the Martin Lewis TV show (is it even connected to MSE??), I don't think they make much money. This site makes it through things like pushing people to use Resolver and affiliate linksDullGreyGuy said:
But those are the people this site relies on to make its millions in profit each year so it isn't going to happenNasqueron said:
I would love it if those people were shot down as the greedy chancers that they are, or just patronise them with an answer showing how daft they are.Nearlyold said:My favourite bit on this week's Martin Lewis telly show was when the woman asked if she could "claim" on her 0% car finance deal.Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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Yeah, wasn't saying the site got a million profit from that person calling but its the people who hang on every word and think the site cannot do any wrong that blindly click through and buy from every recommended company etc without doing things like reading the T&Cs or getting others views on companies etc. Some of the most complained about providers on the forum have at points been highly recommended in newsletters and on the site etc.Nasqueron said:
When it's someone ringing into the Martin Lewis TV show (is it even connected to MSE??), I don't think they make much money. This site makes it through things like pushing people to use Resolver and affiliate linksDullGreyGuy said:
But those are the people this site relies on to make its millions in profit each year so it isn't going to happenNasqueron said:
I would love it if those people were shot down as the greedy chancers that they are, or just patronise them with an answer showing how daft they are.Nearlyold said:My favourite bit on this week's Martin Lewis telly show was when the woman asked if she could "claim" on her 0% car finance deal.0 -
The FCA paused the complaints to look into the issue and decide a way forward. MSE & Martin should be saying to people to hold on and wait until later in the year rather than deluge firms that have done no wrong with massive administration costs which will only get passed onto other consumers.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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Give the great unwashed a sniff of compo and wild horses couldn't hold them back from sending letters.dunstonh said:The FCA paused the complaints to look into the issue and decide a way forward. MSE & Martin should be saying to people to hold on and wait until later in the year rather than deluge firms that have done no wrong with massive administration costs which will only get passed onto other consumers.
The number of people who were unhappy they didn't even have PPI so they couldn't complain about being miss-sold it was astonishing
Only car finance I had was on 0% APR, it was for a diesel (which I didn't buy for, and know it wasn't sold for, or advertised as having, low NOx emissions) so why would I want to complain about miss-selling for either of those things? This site certainly thinks I shouldSam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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