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Northern Rock car loan compensation

Jagra
Jagra Posts: 1 Newbie
in Loans
I took out a loan with Northern Rock to purchase a car. Loan period 2005 - 2010. Paid in full.   Who do I contact regarding potential compensation re hidden commission on this loan?  Any help would be appreciated. Thank you 

Comments

  • Keep_pedalling
    Keep_pedalling Posts: 21,257 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    This sounds like a personal loan, so no hidden commission. 
  • MyRealNameToo
    MyRealNameToo Posts: 1,398 Forumite
    1,000 Posts Name Dropper
    edited 1 September at 1:47PM
    Jagra said:
    I took out a loan with Northern Rock to purchase a car. Loan period 2005 - 2010. Paid in full.   Who do I contact regarding potential compensation re hidden commission on this loan?  Any help would be appreciated. Thank you 
    Northern Rock didnt do HP or PCP so presumably you mean you got a personal loan and then bought the car for cash? 

    Scope of the FCA investigation is for finance arranged by the dealer for you so would have been HP 

    Who exactly do you think got commission from a personal loan?
  • sourcrates
    sourcrates Posts: 31,792 Ambassador
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    Jagra said:
    I took out a loan with Northern Rock to purchase a car. Loan period 2005 - 2010. Paid in full.   Who do I contact regarding potential compensation re hidden commission on this loan?  Any help would be appreciated. Thank you 
    Not applicable to personal loans, only PCP or HP agreements are affected.
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