Undisclosed Commission Claims
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Have you been mis-sold a financial agreement with undisclosed commission?
What are undisclosed commissions?
Many individuals in the UK may have unknowingly paid for undisclosed commissions on financial products. This can occur when a loan or finance agreement includes payments to third parties, such as agents or sellers, without the client being informed.
In these situations, the commission payments are not made transparent at the point of signing the agreement. This lack of disclosure may lead clients to make decisions about their finances without fully understanding the terms and costs involved, which could be detrimental to their financial future.
If you have taken out a loan or signed a finance agreement and were not informed that the lender paid a commission to a third-party on your behalf, you may be entitled to claim compensation for undisclosed commissions.
How much compensation can I claim?
The compensation pay out is based on how much commission was paid, and the additional interest you paid based on this hidden commission. The compensation should return your payments to what you would have paid if there was no commission added to the payment.
In order to calculate how much you are owed, we will:
- Ask for details on your purchase; including how much you borrowed, the seller and the finance provider
- We will then contact the lender to retrieve all the information about the financial arrangement
- With this information, we can calculate exactly how much you are owed based on the hidden commissions
At Courmacs Legal Ltd. we are experts in civil litigation, with extensive experience in undisclosed commissions claims. We are dedicated to helping those who have been mis-led and mis-sold, by retrieving compensation. If you would like some advise on your options, or you would like to start a claim, use the form below to get in touch. Alternatively you can give us a call and speak to someone today.
Try our free, no-obligation eligibility check
Find out if you’re eligible for compensation by completing our free, no-obligation eligibility check. You can apply online by filling out our Undisclosed Commission enquiry form, or speak with one of our friendly team members over the phone. We’re here to guide you through the process and help you understand if you qualify for a claim
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