
The Hidden Costs of No-Win, No-Fee Claims
What happens when you sign up for a no-win, no-fee claim against a bank, but end up paying steep exit fees? Megan and James uncover the controversial hidden costs in legal claims.
In this episode, Megan and James explore the murky world of no-win, no-fee legal claims against banks for mis-sold car loans. They reveal how exit fees, often buried in small print, can hit claimants with unexpected costs if they pull out of a case. The duo discusses the controversy surrounding these fees, including accusations of 'bait-and-switch' tactics and the legal review of class action firms. With the Supreme Court set to rule on whether commissions were unlawful, Megan and James highlight the importance of understanding the fine print and researching the reputation of law firms and claims management companies before signing up for a legal claim.