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DCA Motor Commission Updates
Hi,
I'm new to this forum and absolutely sure that this topic is covered in detail in an existing forum
I used the MSE tool to register a potential commission claim on the purchase of my motorhome and I have received confirmation with a reference from LLoyds Motor Commission that I have got a DCA on this finance agreement. this was July 2024. All subsequent communications from myself for any updates sends me an automated response telling me that they have me on record and will contact me when there is anything to report.
Has anyone got any further updates to the progress of this claim process in terms of timescales, decisions and potential payouts?
If these answers are published or updates are available please point me to the appropriate area of the forum.
Many Thanks
Comments
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There's a dedicated DCA Finance section on the motoring board. Latest uodate is that due to legal challenges everything is on hold till at least November -
There is no need to constantly progress chase.
1 -
Hi - welcome to the Forum. We've moved your post from the PPI area to the part of the forum for motor finance issues.
This is MSE's most recent news story on the state of play:
Official MSE Forum Team member. Please use the 'report' button to alert us to problem posts, or email forumteam@moneysavingexpert.com0 -
Has anyone got any further updates to the progress of this claim process in terms of timescales, decisions and potential payouts?
The FCA scheme is not open yet. So, you are a bit premature. Legal cases are still ongoing and have to complete before the FCA scheme can start.
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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