Vehicle finance discretionary commission complaints
The Financial Conduct Authority says some customers may have been charged too much on their vehicle finance before 2021.Get support with commissions complaints
We have seen instances where customers have been asked to pay a fee to someone claiming to work with/for Close Brothers Motor Finance to help them get a loan. Sometimes the fee is disguised as an administration charge, or a payment to cover interest, in case the loan cannot be repaid.
If you think you might have been approached about this:
This is fraud! It's a criminal trying to get you to part with your money. Close Brothers Motor Finance never ask for a fee upfront. If you do pay a fee upfront, you could lose that money.
Inform the person that Close Brothers Motor Finance don’t charge fees this way.
End the conversation and make a report to your Bank and to Action Fraud. If you've divulged any security information as part of the conversation, be sure to update that information immediately.
You can call Action Fraud on 0300 123 2040 or report it on their website. If you're in Scotland, report it to Police Scotland directly by calling 101 or report it to Advice Direct Scotland on 0808 164 6000.