Car Finance 247

Car Finance 247 is one of the leading car finance providers in the UK. The company was started in 2006 as a small family business in Manchester and has grown significantly since then. They provide finance options for cars, motorbikes, and vans, including both new and used vehicles.

Car Finance 247 is owned by Regency Car Finance Limited, which is a subsidiary of the startup incubator, Blenheim Chalcot. The company has an innovative approach towards car financing, offering a large selection of cars to customers who may have difficulty obtaining traditional financing options. They claim to have revolutionized the financing industry with their hassle-free processes, easy application, processing, and flexible repayment terms.

The company prides itself on its commitment to transparency, honesty, and fairness. With a customer-centric approach, they aim to provide their clients with the best car financing deal possible. They have an easy-to-use website and provide comprehensive information to help customers make informed decisions.

The financials of the company are impressive. They have funded over £1 billion of car loans, and their revenue has grown significantly over the past few years. According to their annual report, their revenue for 2019 was around £57 million, up from £43 million in 2018. The company has been successful in securing additional investment from private equity firm, Exponent, to support its growth plans and expand its range of services.

Car Finance 247 is based in Manchester and has a team of over 400 employees. The company has won several awards over the years, including Car Finance Broker of the Year, Best Finance Product Provider, and Best Tech Platform. They have also been featured in the Sunday Times Fast Track 100 list of fastest-growing private companies in the UK.

In terms of customer complaints, the company has received a few negative reviews, but it has mostly positive feedback from customers. The majority of complaints are related to the application process, interest rates, and customer service. However, the company has an excellent customer service team, which tries to resolve any issues as quickly as possible.

Overall, Car Finance 247 is a reputable company that is well-respected in its industry. Its innovative approach towards finance has disrupted the traditional industry and made it accessible to a wide range of customers. With their impressive financials, commitment to customer service, and transparency, the company is set to continue its growth trajectory and remain a leader in the auto finance sector.

Car Finance 247 Complaints

Car Finance 247, a UK-based car finance company, has recently come under fire for pushing people into debt through high-interest rates and hidden charges. Many customers have complained about the company's practices and are seeking refunds for the interest they have paid.

Fortunately, there is a way for customers to fight back and get their money back. By using a claims management company like Redbridge Finance, customers can make a complaint and pursue a refund of the interest paid.

Redbridge Finance is a claims management company that specializes in helping customers who have been mis-sold financial products. They have a team of experienced professionals who can assist customers in making a complaint and pursuing a refund.

The process of making a complaint is straightforward. Customers simply need to provide Redbridge Finance with some basic information about their car finance agreement, including the interest rate they were charged and any hidden charges they were not made aware of. Redbridge Finance will then review the information and determine whether the customer has a valid complaint.

If the complaint is deemed valid, Redbridge Finance will work on behalf of the customer to pursue a refund of the interest paid. This may involve negotiating with Car Finance 247, or taking legal action if necessary.

Using a claims management company like Redbridge Finance can take the hassle out of making a complaint and pursuing a refund. They will handle all aspects of the process, from gathering evidence to negotiating with Car Finance 247. This can save customers time and energy, and increase the chances of a successful outcome.

It is important to note that using a claims management company may come with a fee. However, this fee is typically only charged if the customer is successful in obtaining a refund, and is usually a percentage of the amount recovered. This means that customers do not have to pay anything upfront, and only pay if they receive a refund.

In conclusion, if you have been affected by Car Finance 247's practices and believe you have been mis-sold car finance, it is worth considering making a complaint and pursuing a refund. By using a claims management company like Redbridge Finance, you can make the process easier and increase your chances of success. So why not take action today and see if you are entitled to a refund?