Millions of drivers who bought a car before 2021 could be entitled to huge compensation If you took out car insurance before 2021 you could be entitled to a refund.
Many car finance agreements, particularly those taken out before January 2021, included hidden fees known as "discretionary commission arrangements" (DCAs), which meant you could have paid more than necessary.
However, the investigation could take until May 2025 to complete, so you may need to wait for a final decision.
If the finance provider is no longer trading, you can submit your complaint to the administrator or liquidator but remember you may not receive the full refund.
The Financial Conduct Authority (FCA) is investigating the issue and, if you're eligible, you could be due compensation.
