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Vauxhall Finance Taken Over By Stellantis
JC980552
Posts: 1 Newbie
I have enquired to Vauxhall Finance regarding discretionary commission. They have since been taken over by Stellantis who are claiming I do not have any previous finance agreements with them following "an extensive investigation". Has anybody had a similar problem or have any advice on what the best course of action would be here?
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As with the answers to the numerous other threads on the topic. Wait until the full investigation has been conducted.2
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The best course of action is waiting until the FCA completes the review. It has already stated that the Data Protection Act is causing problems with its own review, and it will almost certainly address that in its report.JC980552 said:I have enquired to Vauxhall Finance regarding discretionary commission. They have since been taken over by Stellantis who are claiming I do not have any previous finance agreements with them following "an extensive investigation". Has anybody had a similar problem or have any advice on what the best course of action would be here?
What normally happens is that the new firm takes on the existing customers (those with finance outstanding) and handles new lending but doesn't take the records on those that had repaid their debts. So, the response is not unexpected but until the FCA publish their report, you just wait.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.1
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