MotoNovo Finance

Discretionary Commission Arrangement (DCA) Complaints

On 11 January 2024, the Financial Conduct Authority (FCA) announced that it’ll be carrying out a review into discretionary commission arrangements within the motor finance industry.​ For more information, please click here.

What is a Payment Arrangement and how do I set this up?

A Payment Arrangement is an affordable agreement to repay any missed payments.

To help us understand what you can afford, you’ll need to complete an Income & Expenditure form on Money Manager. We may need to contact you before we can agree a Payment Arrangement. Any Payment Arrangement may show on your Credit File.