Comparison

Why You Don't Need a Claims Management Company (CMC)

CMCs take up to 30% of your refund for doing very little work. Learn why doing it yourself is the smarter financial choice.

The Car Finance Refund Team
November 26, 2025
2 min read

Claims Management Companies (CMCs) are advertising heavily right now. They promise a "no win, no fee" service, which sounds great, until you realise the "fee" is a massive chunk of your money.

The Math

Let's say you receive a refund of £3,000.

  • DIY: You keep £3,000.
  • CMC: They take 30% + VAT. That's roughly £1,080. You keep only £1,920.

What Do CMCs Actually Do?

They take your details, put them into a template letter (just like ours), and email it to the lender. That's it. They don't have special "legal powers" to force a lender to pay faster.

The "Hassle" Factor

CMCs argue they save you hassle. But you still have to find your paperwork and give them your details. Entering those details into our free tool takes the same amount of time as giving them to a CMC.

Keep Your Money

The process was designed by the FCA to be accessible to consumers. You do not need a lawyer or a CMC. Keep your hard-earned money in your own pocket.

Written By

The Car Finance Refund Team

A collective of consumer rights advocates, legal researchers, and software engineers dedicated to helping UK drivers reclaim unfair car finance commissions.

Disclaimer: This content is for informational purposes only and does not constitute legal or financial advice.

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