Undisclosed Commission Claims
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Have you been mis-sold a financial agreement with undisclosed commission?
What are undisclosed commissions?
Thousands of people in the UK have unfortunately been subject to undisclosed or hidden commissions on financial products. This can happen when a financial product such as a loan or finance agreement has been purchased and the client is unaware of the commissions they are funding to the seller.
This payment is not transparent to the client and is not explained to them when they sign the agreement. It can be argued that this leads people into making decisions about their financial future which are not in their interest or are based on a lack of information.
If you have borrowed money or signed a finance agreement and the lender paid money to a third-party such as the agent, introducer or seller on your behalf without telling you, you could claim undisclosed commission compensation.
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
Apply online or speak to one of our friendly team over the phone and find out if you're eligible for compensation. We offer a free, no-obligation eligibility check, just fill out our Undisclosed Commission enquiry form.
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