‘Forget about it’ Martin Lewis says as he reveals sure-fire sign you WON’T get £1,000s compensation on car...

MARTIN Lewis urged drivers to "forget about it" as he revealed a sure-fire sign you won't be handed £1,000s in compensation over the car finance scandal.The FCA has suggested around 40 per cent of finance deals could be affected - with an average payout of £1,100.Martin Lewis' BBC podcast

Martin said: “Now for a regulated firm to say you didn't have a DCA. Well first of all it’s good news, you weren’t mis-sold, you didn't have the commission taken in that way. The FCA announced in January that it would investigate allegations of "widespread misconduct" related to discretionary commission agreements on carThese loans have interest payments charged on top of them and are often organised on behalf of lenders by brokers - usually the finance arm of a

Martin previously urged people to check whether your provider has issued a receipt of acknowledgement, usually in the form of an email.

Source: News Formal (newsformal.com)

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