Last week, Martin Lewis warned that millions of people who bought a car, van, campervan or motorbike on finance before January 28, 2021 may be owed thousands of pounds in what he said could become the “UK’s second biggest reclaim after PPI”.
The consumer champion explained to viewers of The Martin Lewis Money Show Live how to check if they have been affected and how to start the reclaim process now - even though a decision by the Financial Conduct Authority (FCA) on whether or not payouts could be due is not expected until September 25, 2024.
To make it even easier for everyone to get the ball rolling, he and his team at MoneySavingExpert.com (MSE.com) created a template letter that anyone can access and use.
Incredibly, after just one week, since the template went live, Martin has revealed that it has been used by more than 530,000 people.
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