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The Financial Conduct Authority (FCA) recently announced around 14 million people across the UK may be due compensation payouts averaging £700 as a result of hidden commission on motor finance deals agreed between April 2007 and November 2024. ‌

Martin Lewis has been at the forefront of urging drivers who took out finance to purchase a new car, campervan or motorbike within that time period, to check if they are due the payout, expected to be early next year.However, the consumer champion has now issued an “important warning” to anyone using ‘free car mis-selling firms’ to claim compensation. ‌

Taking to social media on Thursday, the financial guru urged people to read the small print carefully as some ‘check boxes’ could see people signing away 30 per cent

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