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Reclaim car finance
whoneedsit
Posts: 1 Newbie
How do I know that the provider of my car finance will be honest and own up to the fact that my agreement included a DCA?
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Comments
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Because it would be fraud to say otherwise0
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It isn't a children's playground. Telling lies to you would be fraud with potential imprisonment and fines going into tens of not hundreds of millions, depending on the scale.whoneedsit said:How do I know that the provider of my car finance will be honest and own up to the fact that my agreement included a DCA?
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 -
Having a DCA agreement could actually mean you got a lower rate than otherwise, often known as a "Deal Saver" rate. These came into play when a canny potential buyer, offered an APR they didn't like, might say "I'm not paying that" and the dealer needing just a couple more sales to meet targets would come back with a lower APR.0
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