HomeFinance and InsuranceFOS to further investigate complaints regarding car finance commission

FOS to further investigate complaints regarding car finance commission

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FOS Continues Investigation into Car Finance Commission Complaints amid Pending Reviews and Court Proceedings

Are you currently dealing with car finance commission complaints? If so, you’re not alone. The Financial Ombudsman Service (FOS) has announced that they will continue investigating these complaints despite pending reviews and court proceedings.

In a recent update, the FOS clarified that they will accept and investigate complaints as far as they can, even with ongoing legal proceedings surrounding car finance commission. This means that if you have a complaint related to car finance commission, the FOS will still process it and gather the necessary information to issue a decision when appropriate.

While the FOS acknowledges that the court decisions and FCA review may impact their approach to complaints, they are committed to moving forward and ensuring that affected cases are addressed in a timely manner. This includes issuing provisional assessments and final decisions on cases that are not impacted by the legal proceedings.

It’s unfortunate that these legal proceedings have caused delays in issuing final decisions, but rest assured that the FOS is working diligently to resolve complaints and provide clarity to those affected. If you have a car finance commission complaint, it’s important to continue working with the FOS and providing any necessary information to support your case.

In the meantime, industry experts like Branko Bjelobaba are closely monitoring the situation and seeking clarification on premium finance for motor insurance. With around 20,000 open complaints related to car finance commission, it’s clear that this is a significant issue that needs to be addressed.

What are your thoughts on this ongoing situation? Do you have any experiences with car finance commission complaints? Share your thoughts in the comments below and stay tuned for further updates on this developing story.

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