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The issue has since attracted significant media attention and regulatory scrutiny, prompting legal proceedings aimed at challenging these unfair practices within motor finance contracts.
Notably, the case of Johnson and Others v FirstRand Bank Limited and Others has further highlighted the prevalence of concealed commissions and their detrimental impact on consumers.
This matter has received permission to be appealed before the Supreme Court. As these legal proceedings advance, individuals impacted by these practices may have a strong basis to claim compensation.
You may have grounds for a claim if your vehicle finance agreement lacked transparency or fairness, particularly if any of the following apply:
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