Specialist Motor Finance Limited Hire Purchase Complaint – DRN-4700015

Financial Ombudsman Service decision DRN-4700015 involving Specialist Motor Finance Limited. Issue: unaffordable-lending. Finance type: Hire Purchase. Decision: Upheld. Year: 2024. Remedy: End agreement with nothing more to pay; refund all payments less £6,956 fair usage (£148/month × 47 months); remove adverse credit entries; if interest paid, provide tax certificate