Available Car - Bank of Scotland PLC Loan - Discretionary commission arrangement???

DanDerby
DanDerby Posts: 2
First Anniversary First Post
Newbie
edited 13 February at 2:54PM in Reclaim car finance

Hello everyone,

Fortunately, I've managed to retain all the paperwork from a car finance agreement dating back to 2009. I'm currently having trouble locating contact information for Bank of Scotland (BOS) regarding the submission of a claim to investigate whether they employed a Discretionary Commission Arrangement with Available Car. Does anyone happen to have the address for sending such claims?

It appears that I was charged a rather high-interest rate:

  • APR: 14.6%
  • Total charge for credit: £3,304

I was informed that the high rate was attributed to my limited credit history.

If anyone else is facing a similar situation with Bank of Scotland, please feel free to comment below!

Comments

  • Nasqueron
    Nasqueron Posts: 8,395
    Name Dropper First Post First Anniversary Combo Breaker
    Forumite
    DanDerby said:

    Hello everyone,

    Fortunately, I've managed to retain all the paperwork from a car finance agreement dating back to 2009. I'm currently having trouble locating contact information for Bank of Scotland (BOS) regarding the submission of a claim to investigate whether they employed a Discretionary Commission Arrangement with Available Car. Does anyone happen to have the address for sending such claims?

    It appears that I was charged a rather high-interest rate:

    • APR: 14.6%
    • Total charge for credit: £3,304

    I was informed that the high rate was attributed to my limited credit history.

    If anyone else is facing a similar situation with Bank of Scotland, please feel free to comment below!

    The issue is with the car company more than Bank of Scotland though they were part of the Halifax group now owned by Lloyds - why not ask Available Car given they did the finance

    Do note a high APR for poor credit is perfectly normal and not an indication of DCA
Meet your Ambassadors

Categories

  • All Categories
  • 341.9K Banking & Borrowing
  • 249.7K Reduce Debt & Boost Income
  • 449.2K Spending & Discounts
  • 234K Work, Benefits & Business
  • 606.2K Mortgages, Homes & Bills
  • 172.5K Life & Family
  • 246.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.8K Discuss & Feedback
  • 15.1K Coronavirus Support Boards