Moneybarn motor finance agreements have affected many residents in Cornwall since 6 April 2007. With an estimated 53,865 individuals potentially impacted out of the county's total population of approximately 570,000 (ONS Census 2021), it is crucial for Cornish consumers to understand their rights and options when dealing with Moneybarn.
Moneybarn Finance Agreements in Cornwall
Cornwall residents who entered into car finance agreements with Moneybarn between 6 April 2007 and 1 November 2024 may be affected by the issues surrounding discretionary commission arrangements (DCAs). According to FCA estimates, 12.1 million eligible agreements (FCA, March 2026) across the UK are affected, potentially involving a total of £7.5 billion (FCA, March 2026) in car finance (FCA estimate) (FCA, March 2026). The type of vehicles financed varied widely, from small city cars to larger SUVs and vans.
Cornwall residents who believe they have been affected by the issues surrounding Moneybarn's car finance agreements can file a complaint directly with the company at no cost. Residents should visit Moneybarn’s dedicated complaints page: https://www.moneybarn.com/complaints/. you do not need a claims management company; Cornwall residents can complain directly to Moneybarn for free.
What Cornwall Residents Should Do Next
Cornwall residents who wish to make a complaint should first gather all relevant documents and information, such as loan agreements, payment records, and any correspondence with Moneybarn. It is also essential to check the dates of your car finance agreement to ensure it falls within the specified period. Once you have compiled this information, proceed directly to Moneybarn’s complaints process via their website or by contacting them directly.
Sources and References
- FCA estimates: 12.1 million eligible agreements (FCA, March 2026), £7.5 billion (FCA, March 2026) total (FCA estimate), £829 average per eligible agreement
- ONS Census 2021: Population of Cornwall
- Moneybarn complaints URL: https://www.moneybarn.com/complaints/
- Provident Financial Group plc: Moneybarn is part of Provident Financial.
How Many People in Cornwall Are Affected?
Based on Cornwall's population of approximately 570,000, an estimated 119,104 motor finance agreements in the area may have been affected by discretionary commission arrangements (FCA estimate, proportional calculation). This represents approximately 0.85% of the UK total of 12.1 million eligible agreements.
Moneybarn is registered at Companies House (company number 02766324) with a status of liquidation. The company was incorporated on 1992-11-20. Its registered office is at Athena House, Bedford Road, Petersfield, GU32 3LJ, United Kingdom. The company currently has 2 directors.
Moneybarn Complaint Statistics
According to the Financial Ombudsman Service, Moneybarn received 7 total complaints in H2 2024 BUSINESS. You can check the latest complaint data at the Financial Ombudsman Service.
Moneybarn's FCA reference number is 702773 (status: No longer authorised).