Moneybarn, part of Provident Financial, has been providing car finance to residents in Kent since 2007. With an estimated 12.1 million eligible agreements (FCA, March 2026) from 6 April 2007 to 1 November 2024, it is likely that many individuals in the county have had dealings with Moneybarn during this period. The Office for National Statistics (ONS) estimates that approximately 158,400 people may be directly impacted by these car finance agreements in Kent alone.
Moneybarn Finance Agreements in Kent
Moneybarn's car finance offerings cater to a wide range of vehicles and have been particularly popular among residents in Kent. Given the population of around 1.58 million (ONS Census 2021) and the high number of car finance agreements, it is estimated that approximately 149,688 people in Kent may be affected by Moneybarn's practices during the specified period. These agreements cover a variety of vehicles, from small city cars to larger family vehicles, reflecting the diverse needs of Kent’s residents.
Residents in Kent can directly complain to Moneybarn about any issues related to their car finance agreements. The process is straightforward and free, requiring no involvement from a claims management company. To initiate a complaint, Kent residents should visit the official Moneybarn complaints page at https://www.moneybarn.com/complaints/. This direct approach ensures that individuals receive prompt attention without incurring additional fees or unnecessary delays.
What Kent Residents Should Do Next
Kent residents who believe they may have been affected by Moneybarn's car finance agreements are advised to take several steps. First, gather all relevant documents related to their finance agreement, such as contracts, payment receipts, and any communication with Moneybarn. It is also important to check the dates of these agreements to ensure they fall within the specified period from 6 April 2007 to 1 November 2024.
Once residents have compiled this information, they should proceed to submit a complaint directly through Moneybarn’s official complaints process. This approach allows them to address any concerns without incurring additional costs or involving third-party intermediaries.
Sources and References
- ONS Census 2021
- FCA estimate of 12.1 million eligible agreements (FCA, March 2026) (FCA, 2024)
- FCA estimate of £7.5 billion (FCA, March 2026) total (FCA, 2024)
- FCA estimate of £829 average per eligible agreement (FCA, 2024)
How Many People in Kent Are Affected?
Based on Kent's population of approximately 1,900,000, an estimated 397,014 motor finance agreements in the area may have been affected by discretionary commission arrangements (FCA estimate, proportional calculation). This represents approximately 2.84% 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).