Black Horse Finance Claim – Start Your Claim Today
If you took out a PCP or HP car finance agreement with Black Horse before 2021, you may be entitled to compensation due to hidden Discretionary Commission Arrangements (DCA). Start your claim today.
Check Your Black Horse Claim
Am I Eligible for a Black Horse Claim?
If you purchased a car, van, or motorcycle on Black Horse finance between 2007 and January 2021, you may be eligible for compensation. Following the Supreme Court ruling and FCA action, Black Horse customers could be owed refunds for unfair hidden commissions that inflated their interest rates.
You Could Be Eligible If:
You bought a vehicle on PCP or HP finance between 2007 and January 2021
This timeframe covers the period during which widespread mis-selling occurred in the car finance industry. The Financial Conduct Authority (FCA) began handling motor finance complaints from April 2007 and banned discretionary commission arrangements in January 2021.
Black Horse did not tell you about sales commissions
Your finance provider had a legal obligation to disclose if they were paying commission to the dealer or broker. If Black Horse hid this information from you, it creates an unfair relationship under Section 140A of the Consumer Credit Act 1974.
Black Horse mentioned commissions but didn't explain how much or how they worked
Even if commission was mentioned, you may still have a claim if Black Horse didn't tell you the amount or that the dealer could set your interest rate higher to earn more commission (known as a Discretionary Commission Arrangement).
You paid a high interest rate
If your annual purchase rate was above 4.9% (the average APR for car finance), you may have been charged an inflated rate. The FCA found that consumers paid on average £1,100 more in interest due to these arrangements.
Black Horse wasn't thorough with affordability checks
Lenders are required by FCA guidelines to ensure you can afford the loan payments. If Black Horse didn't conduct proper affordability checks and you struggled to meet payments, you may have a valid claim.
The dealer/broker didn't disclose their relationship with Black Horse
Dealers should have informed you about any commercial relationships with Black Horse, including potential conflicts of interest.
What Types of Agreements Are Covered?
Claims can be made for:
- Both new and used vehicles purchased through finance
- Active agreements where you're still making payments
- Agreements that have ended and been fully paid off
- Multiple vehicles (you can claim for each eligible agreement)
- Vehicles that were repossessed
- All types of vehicles: cars, vans, trucks, and motorcycles
The FCA estimates that 95% of car finance agreements included some form of commission model, with approximately 40% featuring the now-banned discretionary commission arrangements. With compensation averaging around £950 per agreement (according to FCA estimates), checking your eligibility could lead to a significant refund.
Black Horse PCP Claims - What You Need to Know
Black Horse is a UK merchant banking group providing lending, deposit taking, wealth management and securities trading. Claims against Black Horse often involve PCP/HP finance agreements with hidden commission arrangements.
What is a PCP Claim?
A PCP claim asks a lender to put right a car finance deal where the cost was pushed up by undisclosed, interest-linked commission. It's about getting compensation for deals where hidden fees made you pay more than you should have.
Discretionary Commission Arrangements
Before January 2021, many lenders let dealers/brokers set your APR higher and earn more for doing so. This was called a Discretionary Commission Arrangement (DCA), and the FCA banned it in 2021 because it was unfair to customers.
Supreme Court Decision
On 1 August 2025, the UK Supreme Court confirmed customers can still win where the overall deal was unfair under section 140A of the Consumer Credit Act 1974. The Court looks at what you were told, how your rate was set, and the effect on what you paid.
FCA Response & Scale
The FCA will consult on an industry-wide redress scheme. The scale is massive: 25.9 million motor-finance agreements between 2007-2021, with 14.6 million using DCAs and about £8.1 billion of commission paid.
In short: A PCP claim is about whether an undisclosed commission influenced your interest rate and made you pay more than you should have. If the relationship was unfair, you could be entitled to refunds of extra interest/charges. No outcome is guaranteed.
What is my Black Horse Claim worth?
The mis-sold car finance average payout is estimated at £950 per agreement according to FCA figures. However, several factors can influence the final compensation amount you might receive from Black Horse.
Factors Affecting Your Claim Value
Important: Multiple Finance Agreements = Higher Compensation
If you had multiple finance agreements between 2007 and 2021, your potential compensation could be significantly higher. For example, with 3 eligible agreements, you could potentially receive around £2,850 (£950 x 3).
Why Choose Total Claim for Your Black Horse Claim?
Black Horse motor finance claims require specialist expertise. Here's why over 15,000 customers have chosen Total Claim for their finance claims:
Our Black Horse Claim Process
From initial assessment to final compensation - we handle everything for your Black Horse finance claim. No upfront costs, maximum results.
Step 1: Black Horse Agreement Check
Complete our simple form with your Black Horse finance details. We'll run a soft credit search to locate all your past Black Horse agreements and assess your claim potential.
- Takes just 2 minutes to complete
- We locate all your Black Horse agreements
- Soft credit search won't affect your credit score
Step 2: Black Horse Claim Submission
Our Black Horse specialists handle everything. We submit your claim directly to Black Horse, providing all evidence of hidden commission arrangements and unfair practices.
- Specialist knowledge of Black Horse practices
- Professional claim submission with full evidence
- Direct communication with Black Horse on your behalf
Step 3: Black Horse Compensation
We negotiate with Black Horse to secure maximum compensation. The FCA estimates average compensation at £950 per agreement, with many claims settled within 8-12 weeks.
- Average claim value around £950 per agreement (based on FCA estimates)
- You receive updates throughout the process
- No upfront fees - we only get paid when you win
Ready to Check Your Black Horse Claim?
Black Horse processed thousands of PCP and HP agreements with hidden commission. You could be entitled to significant compensation.
Check Black Horse ClaimNo outcome is guaranteed. You can also complain directly to Black Horse or use the Financial Ombudsman Service for free.
How long does a Black Horse finance claim take?
Black Horse finance claims are currently affected by the FCA's extension allowing motor finance firms until December 2025 to respond to complaints. While we can submit your Black Horse claim now, they aren't required to respond until after this date. We'll keep you updated throughout the process.
What if I no longer have my Black Horse paperwork?
You can still make a Black Horse claim without the original paperwork. Our system can help identify your historical Black Horse agreements through credit reference agencies, even if you've moved or changed your name since taking out the finance.
Will a Black Horse claim affect my credit score?
No, making a Black Horse finance claim will not negatively impact your credit score. The claim relates to how Black Horse sold the agreement to you, not your payment history. Our eligibility check uses a soft search that doesn't affect your credit file.
Can I claim for multiple Black Horse agreements?
Yes, you can claim for each eligible Black Horse finance agreement you've had. If you've had multiple vehicles financed through Black Horse between 2007 and January 2021, you may be entitled to compensation for each agreement with hidden commissions.
What makes Black Horse claims different?
Black Horse was one of the UK's motor finance providers. Our team has specific expertise in Black Horse practices and commission structures, giving us the knowledge needed to maximize your claim.
How much could my Black Horse claim be worth?
The FCA estimates that the average compensation amount is around £950 per agreement, though this can vary significantly depending on factors such as the vehicle value, interest rate paid, and length of agreement. Some claims may be worth considerably more.
What if Black Horse rejects my claim?
If Black Horse rejects your claim, we can escalate it to the Financial Ombudsman Service on your behalf. Our Black Horse specialists know how to present cases effectively and have a strong track record of overturning rejections.
Can I still claim if I've paid off my Black Horse finance?
Yes, you can still make a Black Horse claim even if you've already paid off your finance agreement. The claim relates to the unfair commission arrangements when the agreement was set up, regardless of whether it's still active.