Expert analysis of
consumer finance claims.
Key Ledgers provides independent financial analysis of PCP, HP and consumer finance agreements, supporting solicitors in mis-selling and unaffordable lending disputes.
The numbers behind the claim.
Consumer finance claims turn on the figures inside the agreement - the commission, the true cost of credit and whether the lending was affordable. We analyse the agreement, model the financial impact and quantify the claim.
Every analysis is independent and prepared to CPR Part 35 standard where an expert report is required, giving solicitors a defensible basis for the claim.
Discuss an InstructionAffordability and mis-selling, quantified.
Whether the issue is undisclosed commission, the true cost of credit or unaffordable lending, the claim needs a clear financial analysis. We model the agreement, quantify the loss and set out the basis so it can be relied on in the claim and tested if challenged.
Analysis of disclosed and undisclosed commission, the true cost of credit and the financial impact on the borrower across PCP and HP agreements.
Assessment of whether the lending was affordable on the information available at the point of sale, including income, expenditure and existing commitments.
Quantification of the loss arising from mis-sold agreements, modelling the position the borrower would have been in had the agreement been suitable.
Where required, CPR Part 35 compliant expert reports and analysis to support the claim in proceedings.
Consumer Finance Affordability Analysis
Instructed to analyse a portfolio of consumer finance agreements in an unaffordable lending dispute. The analysis modelled the cost of credit, assessed affordability at the point of sale and quantified the financial loss arising, providing solicitors with an evidenced basis for the claim.
"Bharat provided clear and well-reasoned forensic accounting analysis... His work was instrumental and proved valuable in supporting the legal arguments advanced in the proceedings."
Andrew Barns-Graham, Barrister, 3 Hare CourtBharat provided clear and well-reasoned forensic accounting analysis. His work was instrumental and proved valuable in supporting the legal arguments advanced in the proceedings.
Andrew Barns-GrahamBarrister, 3 Hare CourtInstructions
Practice
Expert
Consumer finance questions answered.
If your question is not covered below, contact us directly and we will respond the same working day.
- We analyse PCP, hire purchase and other consumer finance and credit agreements. The work covers the commission position, the true cost of credit and the affordability of the lending, depending on the basis of the claim.
- We assess affordability on the information that was or should have been available at the point of sale, including income, expenditure and existing financial commitments, and model whether the agreement was sustainable for the borrower.
- Yes. We quantify the loss by modelling the position the borrower would have been in had the agreement been suitable or properly disclosed, and comparing it with the actual position under the agreement entered into.
- We accept instructions from claimant solicitors and from lenders and their advisers. As an independent expert our duty is to the court, and the analysis is prepared to the same standard whoever instructs us.
- Where an expert report is required, it complies with CPR Part 35 and the accompanying Practice Direction, including the required declaration and the expert's overriding duty to the court.
Forensic accounting and quantum across commercial and consumer disputes.
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Reconstructing fund flows and the financial substance behind transactions.
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Independent analysis in COP8 and COP9 investigations and tax reconstruction.
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We respond to all enquiries the same working day. Instruction details are treated as confidential from the first contact.
"We respond to all enquiries the same working day."
Undisclosed Commission and the True Cost of Credit
How commission inside a finance agreement affects the cost of credit and the value of a claim.
Assessing Affordability at the Point of Sale
The financial test behind an unaffordable lending claim, and the records that decide it.
Quantifying Loss in a Mis-selling Claim
How the borrower's counterfactual position is modelled to quantify the loss.