Moneyway Claims & Refunds

If you have been mis-sold a loan from Moneyway, we can help you claim the refund you deserve

In the wake of a recent Financial Conduct Authority (FCA) investigation uncovering widespread mis-selling across various vehicle financing options, one car dealer candidly confessed, stating, "frankly, we were getting away with murder, charging customers to earn us money without treating them fairly."

Over 6,000 customers received car finance refunds following the FCA's revelation that the lender, Moneyway, failed to adequately communicate the consequences of payment defaults before agreements were finalized. While the precise refund per customer remains undisclosed, an equal share payout is estimated at around £5,000 per individual.

Moneyway's Representative APR stands at approximately 15%. Recent statistics from the Financial Ombudsman reveal that nearly half of the complaints against Moneyway's owner, Secure Trust Bank Plc, were upheld.

If you suspect you've been subjected to a mis-sold or unaffordable loan from Moneyway Car Finance, our assistance can help you pursue the compensation you deserve. Initiate your claim today!