Course description
Another financial mis-selling scandal is emerging. In March 2019 the Financial Conduct Authority published the final findings of its review of the motor finance sector. It followed widespread anecdotal reports of highly questionable incentive structures in the sector and of the aggressive marketing of ‘PCP’ (personal contract purchase) plans to customers.
Mis-selling claims are now being brought against lenders and brokers to remedy the inflated interest rates that consumers were unknowingly duped into agreeing.
Presented by expert barrister Dilan Deeljur, this webinar will explore the practicalities of bringing these claims. It will include an overview of PCP and vehicle loans as well as exploring the legal framework, criteria for bringing a claim, practicalities of issuance, and quantum.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
Another financial mis-selling scandal is emerging.
In March 2019 the Financial Conduct Authority published the final findings of its review of the motor finance sector. It followed widespread anecdotal reports of highly questionable incentive structures in the sector and of the aggressive marketing of ‘PCP’ (personal contract purchase) plans to customers.
Mis-selling claims are now being brought against lenders and brokers to remedy the inflated interest rates that consumers were unknowingly duped into agreeing.
This webinar will explore the practicalities of bringing these claims.
What You Will Learn
This webinar will cover the following:
- Overview of PCP and vehicle loans
- The legal framework
- Criteria for bringing a claim
- Practicalities of issuance
- Quantum
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...