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Explainer

The motor finance scandal: what happened, and what it means for you

For over a decade, millions of UK drivers were sold car finance on terms they were never properly told about. The FCA has now confirmed a mandatory redress scheme. Here is what went wrong, what the Supreme Court decided, and what it means for you.

What were Discretionary Commission Arrangements?

Between 2007 and January 2021, most UK motor finance was arranged through dealers who acted as credit brokers for lenders. Under a Discretionary Commission Arrangement (DCA), the dealer could increase the interest rate charged to the customer in exchange for a larger commission from the lender. The more the rate went up, the more the dealer was paid.

Customers were rarely told this commission existed, and almost never told the dealer had any say in the rate. The Financial Conduct Authority banned DCAs on 28 January 2021 after concluding the arrangement created a clear conflict of interest.

How widespread was this?

DCAs and other undisclosed commission arrangements were the industry standard for over a decade. The FCA estimates the scheme covers roughly 12.1 million in-scope agreements, with total redress in the order of £7.5 billion.

£7.5B

Total expected redress

12.1M

Agreements in scope

£829

Average payout

What did the courts find?

Court of Appeal: October 2024

The Court of Appeal ruled that dealers acted as fiduciary agents of their customers when arranging finance, and that undisclosed commissions were therefore secret commissions, recoverable in full. The decision was widely seen as an existential threat to the motor finance industry as it then existed.

Supreme Court: 1 August 2025

The Supreme Court (Johnson v FirstRand Bank Ltd, [2025] UKSC 33) rejected the broad fiduciary-agency analysis. It held that, as a general rule, dealers do not owe customers a disinterested duty when selecting a credit product. However, it confirmed that the unfair relationship test under section 140A of the Consumer Credit Act 1974 remains available, and that a very large undisclosed commission tied to an exclusivity arrangement (around 55% of the total charge for credit in Johnson) was sufficient to make the relationship unfair.

The FCA's confirmed redress scheme

Following the Supreme Court judgment, the FCA moved quickly.

Two separate schemes

The FCA has structured redress as two schemes:

Scheme 1

Agreements from 6 April 2007 to 31 March 2014

Deadline: 31 August 2026

Scheme 2

Agreements from 1 April 2014 to 1 November 2024

Deadline: 30 June 2026

Who is eligible?

You will be considered for compensation if your agreement falls within those dates and at least one of the following applies:

  • A Discretionary Commission Arrangement (DCA) was in place and was not properly disclosed
  • The commission paid to the dealer amounted to at least 39% of the total cost of credit and 10% of the loan, and was not properly disclosed
  • There was a contractual tie giving the lender exclusivity or right of first refusal, not made apparent to you

How is compensation calculated?

Compensation reflects the commission element you would not have paid had the arrangement been properly disclosed, plus interest. The FCA has confirmed the average payout is £829 per agreement, up from approximately £700 at the consultation stage. The increase is because the final interest calculation is more generous than originally proposed.

The interest rate change

The FCA's final rules use 8% simple interest on the redress amount, rather than the lower benchmark rate proposed at consultation. This is the single biggest reason the average payout rose to £829.

What the scheme means for you practically

If you have already complained

Your complaint sits in the priority queue. Lenders must respond within three months of each scheme's implementation deadline, subject to the Upper Tribunal challenges currently in progress.

If you haven't complained yet

You can complain at any time up to 31 August 2027. Lenders are also required to contact eligible non-complainants within six months of implementation. Registering a complaint now means your case is on file ahead of the scheme's implementation deadlines.

There are two ways to participate: wait to be contacted by your lender (free, no action required), or complain directly (also free). Both reach the same FCA scheme.

Key dates

  1. 2007–2021

    DCAs widely used across the market

  2. 28 January 2021

    FCA bans Discretionary Commission Arrangements

  3. January 2024

    FCA launches formal review; complaint pause begins

  4. October 2024

    Court of Appeal rules in favour of consumers

  5. 1 August 2025

    Supreme Court judgment ([2025] UKSC 33)

  6. 7 October 2025

    FCA publishes redress scheme consultation (CP25/27)

  7. 18 November 2025

    Consultation closes

  8. March 2026

    FCA publishes final scheme rules (PS26/3); £829 average confirmed

  9. 1 May 2026

    Consumer Voice and three lenders (Mercedes-Benz Financial Services, Volkswagen Financial Services, and Crédit Agricole Auto Finance) apply to the Upper Tribunal to challenge the scheme's legality

  10. 8 May 2026

    FCA publishes statement defending the scheme and setting out next steps; instructs lenders to plan on the basis that the earliest offers can be made is mid-November 2026

  11. 31 May 2026

    Complaint handling pause lifts; lenders must begin progressing complaints

  12. 30 June 2026

    Original Scheme 2 (post-2014 agreements) implementation deadline, now suspended pending the outcome of the Upper Tribunal challenges

  13. 31 August 2026

    Original Scheme 1 (pre-2014 agreements) implementation deadline, now suspended pending the outcome of the Upper Tribunal challenges

  14. October 2026 onwards

    Upper Tribunal hearings expected to begin; outcome date unclear

  15. Mid-November 2026

    FCA's central planning assumption for a Tribunal decision; earliest point at which lenders are expected to begin making compensation offers, subject to the outcome

  16. 31 August 2027 (may shift)

    Last date to complain if not contacted by your lender. This is likely to move in line with revised implementation deadlines, and we will update this once the Tribunal outcome is known

FAQs about the scandal

Does the Supreme Court ruling mean my claim has been lost?
No. The Supreme Court narrowed the legal route by rejecting the broad fiduciary-agency analysis from the Court of Appeal, but it confirmed that the unfair relationship test under section 140A of the Consumer Credit Act 1974 remains available. The FCA's mandatory Consumer Redress Scheme captures the cases most likely to be unfair.
What is the high commission threshold?
Under the FCA's final rules (PS26/3), a commission is treated as 'high' for redress purposes where it amounted to at least 39% of the total cost of credit and at least 10% of the loan, and was not properly disclosed.
Will I definitely receive £829?
£829 is the average payout the FCA has confirmed across all in-scope agreements. Individual outcomes vary depending on the size of your agreement, the commission charged, and how long the finance ran. Some claimants will receive more, some less.
Is it better to complain now or wait for the scheme?
Both routes will reach the same FCA redress scheme. A free eligibility check takes a few minutes and comes with no obligation to proceed. You can also wait to be contacted by your lender at no cost or disadvantage.
When were DCAs banned?
The FCA banned Discretionary Commission Arrangements on 28 January 2021. The redress scheme covers agreements taken out between 6 April 2007 and 1 November 2024.
Does this cover PCP and HP?
Yes. Both Personal Contract Purchase (PCP) and Hire Purchase (HP) agreements are covered by the FCA's redress scheme.
Do I need to have kept my documents?
No. Lenders are required under the scheme to search their own records. You do not need to produce historic finance paperwork to complain.
What if my lender has been taken over?
Where your original lender has been acquired, merged, or rebranded, the successor firm typically inherits liability under the scheme.
Will making a claim affect my credit score?
No. Making a complaint or claim under the FCA redress scheme has no impact on your credit score.
Can I do this without a law firm?
Yes. You can complain to your lender directly, or refer to the Financial Ombudsman Service, both for free. The FCA's scheme is also designed to be accessible without legal representation.

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Official sources

The information on this site reflects current FCA guidance and regulatory position.