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Lender

Black Horse motor finance claims

Black Horse Finance is part of Lloyds Banking Group. If you financed a vehicle through Black Horse between 2007 and 2024, your agreement may fall within the FCA's redress scheme.

Takes under 60 seconds. No documents needed. No win, no fee*.

What to know about Black Horse claims

Black Horse is one of the largest motor finance providers in the UK and is part of Lloyds Banking Group. If your finance was arranged through a dealership, the lender on your agreement may appear as Black Horse rather than Lloyds. Older agreements may also appear under related Lloyds Banking Group records. Black Horse is one of the lenders in scope for the FCA motor finance redress scheme.

Black Horse has set aside £1.95 billion for motor finance redress. Lloyds confirmed in April 2026 it does not anticipate needing to make further provisions following PS26/3, though this could shift depending on consumer uptake and any separate litigation.

Named prominently throughout the FCA review. Lloyds confirmed in April 2026 it will not challenge the scheme. Black Horse is widely regarded as one of the lenders with the highest DCA exposure in the market given the scale of its book.

Black Horse is the UK's largest motor finance lender and is considered to have had significant DCA exposure across its book during the period before the FCA ban in January 2021.

Current scheme status

Accepting scheme; not challenging. Preparing for implementation.

Black Horse agreements by vehicle make

Read more about how the scheme applies to specific car makes financed through Black Horse.

Not sure which make to pick?

You don't need to. Start your eligibility check and we'll trace any Black Horse agreements linked to you, including ones you may have forgotten.

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Black Horse claims: frequently asked questions

Is Black Horse part of the FCA motor finance redress scheme?
Yes. Black Horse Finance is within scope of the FCA's Consumer Redress Scheme for regulated PCP and HP agreements taken out between 6 April 2007 and 1 November 2024. Accepting scheme; not challenging. Preparing for implementation.
Did Black Horse use Discretionary Commission Arrangements?
Black Horse is the UK's largest motor finance lender and operated Discretionary Commission Arrangements across a significant portion of its book before the FCA banned the practice in January 2021. If your car finance agreement was arranged through Black Horse before that date, there is a real possibility a DCA was applied, meaning the dealer could have increased your interest rate to earn a higher commission without your knowledge.
Can I do this myself?
Yes. You don't need to use a solicitor or claims management company to pursue a motor finance complaint. You can contact your lender directly free of charge. The FCA's Consumer Redress Scheme is designed to be accessible without legal representation.
Will making a claim affect my credit score?
No. Making a claim will not affect your credit score. This is a separate process from your credit history.
Do I need to find old paperwork?
No documents are required to get started. We can trace your finance agreements using basic personal details.
What if my lender has been taken over or has exited the market?
This is common for agreements going back to 2007. If the original lender has been acquired, merged, rebranded, or has exited the market, the successor firm typically inherits liability for historic agreements. We handle this on your behalf.

Related information

Financed a car between 2007 and 2024?

Check your eligibility for the FCA's mandatory motor finance redress scheme. Takes under a minute. No documents needed.

Start your eligibility check