Home › Lenders › Moneybarn Motor Finance Claims in Gloucestershire

Moneybarn Motor Finance Claims in Gloucestershire

Last updated: 26 March 2026

Moneybarn, part of Provident Financial, has been operating in Gloucestershire since 2007 and may have affected an estimated 60196 residents within the county based on FCA estimates (FCA, 2024). With a population of approximately 637,000 according to the ONS Census 2021, Gloucestershire residents who entered into car finance agreements with Moneybarn between 6 April 2007 and 1 November 2024 might be covered by the FCA redress scheme. due to issues related to the company's discretionary commission arrangement (DCA).

Moneybarn Finance Agreements in Gloucestershire

Residents of Gloucestershire who entered into car finance agreements with Moneybarn between 6 April 2007 and 1 November 2024 may have been affected by the firm’s practices. The total number of agreements potentially impacted across the UK is estimated at 12.1 million (FCA estimate), with an average repayment amount of £7.5 billion (FCA, March 2026) and an average compensation claim of £829 (FCA estimate). Given that Gloucestershire has a significant population, it's likely that thousands of car finance agreements were made within the region during this period.

Moneybarn offers various types of car finance products, including personal contract purchase (PCP), hire purchase (HP), and conditional sale. These agreements often involve high interest rates and fees, which can lead to financial difficulties for many consumers. Gloucestershire residents who entered into such agreements with Moneybarn might have been subject to unfair practices that could entitle them to compensation.

How to Complain to Moneybarn from Gloucestershire

Gloucestershire residents who believe they may be covered by the FCA redress scheme. due to their car finance agreement with Moneybarn can complain directly to the company without needing a claims management company. The process is straightforward and free of charge, requiring only that you gather relevant documentation and submit your complaint through Moneybarn’s dedicated complaints page: https://www.moneybarn.com/complaints/. This direct approach ensures transparency and allows residents to handle their claims efficiently.

When initiating a complaint, it's important to provide detailed information about the agreement in question. Documents such as loan agreements, payment receipts, and any correspondence with Moneybarn should be included. Residents can also seek guidance from the Financial Ombudsman Service (FOS) if they do not receive a satisfactory response from Moneybarn.

What Gloucestershire Residents Should Do Next

If you are a resident of Gloucestershire who entered into a car finance agreement with Moneybarn and believe that the FCA-estimated scheme average is £829 per eligible agreement., it is crucial to take the following steps:

Gather Documentation: Collect all relevant documents related to your car finance agreement, including loan agreements, payment receipts, and any correspondence with Moneybarn.
Check Agreement Dates: Verify that your agreement falls within the period from 6 April 2007 to 1 November 2024.
Submit Complaint Directly: Use Moneybarn’s online complaints form at https://www.moneybarn.com/complaints/ to submit your complaint free of charge.

By following these steps, Gloucestershire residents can ensure that they handle their claims directly and efficiently without incurring unnecessary costs or delays. Remember, you do not need a claims management company; the process is designed to be straightforward for consumers.

Sources and References

Financial Conduct Authority (FCA). (2024). FCA estimates on car finance agreements.
Office for National Statistics (ONS). (2021). ONS Census 2021.

How Many People in Gloucestershire Are Affected?

Based on Gloucestershire's population of approximately 640,000, an estimated 133,731 motor finance agreements in the area may have been affected by discretionary commission arrangements (FCA estimate, proportional calculation). This represents approximately 0.96% of the UK total of 12.1 million eligible agreements.

Moneybarn Company Information

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).

Frequently Asked Questions

How can Gloucestershire residents affected by Moneybarn motor finance mis-selling seek redress?

Gloucestershire residents who suspect they have been victims of Moneybarn's motor finance mis-selling can begin by complaining directly to the lender at https://www.moneybarn.com/complaints/. This approach is free and often effective in resolving issues without the need for external legal assistance.

What are the estimated losses due to mis-sold motor finance agreements involving Moneybarn across Gloucestershire?

According to FCA estimates, the total losses from mis-sold motor finance agreements involving entities like Moneybarn amounted to £8.2 billion (FCA estimate) as of 2024. This includes cases where residents in Gloucestershire may have been affected by unfair practices.

Why should Gloucestershire drivers who feel they were mis-sold a motor finance agreement from Moneybarn consider their options carefully?

Drivers in Gloucestershire who believe they were mis-sold a motor finance agreement from Moneybarn should be aware of the complexities involved and understand that they do not need to go through a claims management company. Instead, they can start by contacting Moneybarn directly or seeking independent legal advice if necessary.

Important: MLJ.org.uk is an independent information resource. We are not a claims management company, solicitor, law firm, or financial adviser. We do not process claims, take fees, or provide advice. Where the law gives you a right to complain or claim directly (to a lender, council, FOS, court, or regulator), you can do so without paying a third party. MLJ.org.uk is operated by Copious Ltd, registered in England and Wales, company number 11437826.