Are you one of the thousands in Cheshire who might be affected by issues with Bank of Ireland Finance's car finance agreements? Since 6 April 2007, an estimated 12.1 million eligible agreements have been potentially mis-sold (FCA estimate), and residents in Cheshire may find themselves among those affected. With a population of approximately 766,000 people (ONS Census 2021), it is thought that around 72,387 individuals in the county could be impacted.
Bank of Ireland Finance Car Finance Agreements in Cheshire
Cheshire residents who entered into car finance agreements with Bank of Ireland Finance between 6 April 2007 and 1 November 2024 may have been affected by issues such as discretionary commission arrangements (DCA) that were not properly disclosed. These agreements could cover a range of vehicles, from small cars to commercial vans. Given the significant number of residents potentially impacted-approximately 72,387 individuals in Cheshire-it is crucial for those who financed their vehicles during this period to review their contracts.
How to Complain to Bank of Ireland Finance from Cheshire
Residents in Cheshire can complain directly to Bank of Ireland Finance at no cost. The process involves visiting the dedicated complaints page on their website: https://personalbanking.bankofireland.com/help-centre/complaints/. This direct approach ensures that you do not need a claims management company, and it is important to remember that you can take action yourself without any upfront fees.
What Cheshire Residents Should Do Next
If you suspect that your car finance agreement with Bank of Ireland Finance might have been mis-sold or improperly managed, the first step is to gather all relevant documents. This includes any correspondence from the lender, payment schedules, and the original financing contract. Once you have these materials ready, check the dates on your contract to see if it falls within the affected period (6 April 2007 to 1 November 2024). If it does, you should proceed with a direct complaint to Bank of Ireland Finance.
Sources and References
- Office for National Statistics (ONS) Census 2021
- Financial Conduct Authority (FCA) estimate: 12.1 million eligible agreements (FCA, March 2026)
- Financial Ombudsman Service (FOS)
- Bank of Ireland Group provisions set aside for motor finance redress: £350 million
How Many People in Cheshire Are Affected?
Based on Cheshire's population of approximately 250,000, an estimated 52,238 motor finance agreements in the area may have been affected by discretionary commission arrangements (FCA estimate, proportional calculation). This represents approximately 0.37% of the UK total of 12.1 million eligible agreements.
Bank of Ireland Finance is registered at Companies House (company number 07022885) with a status of active. The company was incorporated on 2009-09-17. Its registered office is at 45 Gresham Street, London, EC2V 7EH, England. The company currently has 9 directors.
Bank of Ireland Finance Complaint Statistics
According to the Financial Ombudsman Service, Bank of Ireland Finance received 8 total complaints in H2 2024 BUSINESS. You can check the latest complaint data at the Financial Ombudsman Service.
Bank of Ireland Finance's FCA reference number is 222848 (status: FSR-API-02-01-11).
You can [complain to your lender](https://mlj.org.uk/guides/how-to-complain-to-your-lender) directly for free. You do not need a claims management company to check whether you are owed compensation.