Single-claim Calculators
Easy to use Calculators for manual calculations. Ideal for bespoke advice and random file checks. Use the single case calculators to manually check your methodology and model different scenarios with individual clients.
Maximise Redress At Any Scale
An Offer is a Floor, not a Ceiling.
One claim or hundreds of thousands, we can give you the insight and reporting you need to maximise the value in every case.
MOTOR FINANCE example · settled after 1 year
The FCA offer
£2,500
Full Commission Refund Value
£13,500
5× more — an £11,000 uplift over the FCA offer.
Illustrative: 2008 (Scheme 1), £40,000 loan, 20% commission, 10% APR, 60 Month Term settled at month 12.
The challenge
When methodology is complex and volumes are high.
Assessment of redress when methodology is complex can be challenging. The FCA Motor finance redress scheme PS26/3 has 2 Schemes, 3 Caps, averaged and full refunds with custom rates of compensatory interest and De Minimis exclusions. Scaling assessments like this to hundreds of thousands of cases adds even more complexity to ensure consistency across every agreement.
The platform
Everything you need to manage valuations at scale and capture every uplift opportunity.
Values every claim based on your chosen criteria and surfaces the uplift above the ADR, FCA Scheme or Part 36 offer. Whether a single case or a book of thousands, we can provide you with the visibility and reporting you need to effectively triage, manage and escalate your caseload to achieve its maximum redress potential.
Fast Batch processing
Using the same redress engines as the single case calculators, instantly scale up your individual calculations to an entire book. Simple spreadsheet upload makes data transfer easy. No Personal Client Data required - we only need numbers and a unique reference to present the results with.
Your Own Methodology
Options to change a full range of parameters to compare your own variables against standard FCA, FOS or Banking Convention. Great for financial modelling and testing "What If" scenarios for individual cases and entire books.
Defensible breakdowns
Every redress result shows its working and full breakdown or amortisation if applicable. Audit trail for every individual case should you need to produce detailed breakdowns and calculation summaries for scrutiny or in evidence.
Multi-user firm accounts
Your own workspace with user roles, saved firm defaults and an admin view — so admins can set bespoke variables for their teams knowing that all cases will be subject to the desired parameters. Admin views ensure only selected staff see entire book values.
Client Facing Resources
Maximise client engagement with our free customer facing calculators. Where Uplifts are possible, clients immediately see the benefit of seeking your advice BEFORE accepting any Offer. Embed white-labelled calculators straight into your own website or client portal to compliment your own content.
FEATURES
Dashboard based system for overview. Drill down to case level detail.
Live screens from RedressIQ Pro. Motor Finance is the first module on the platform — more areas of financial redress to follow.
Screens use anonymised demonstration data. RedressIQ syncs financial fields only — by case reference or anonymous ID.
No personal client data ever leaves your CRM.
White-label consumer calculatorS
Embed client calculators into your site. Clients see the potential uplift and seek your legal opinion.
A free, consumer-facing FCA Motor Redress Scheme calculator you can embed on your own site in your colours. Shows claimants the FCA scheme figure and the larger full commission refund — your own narrative can explain that an FCA offer does not have to be accepted and clients can take legal advice about the potential for Uplift.
Our consumer calculator prompts the client to take advice before accepting a scheme offer. Your client sees the FCA scheme figure of £2,502.79 could potentially be uplifted in two ways; a Cap C refund of £6,187.69 or a full commission refund of £13,350.44 (with the full refund more than 5× the scheme figure).
Live at motor-finance-redress-calculator.co.uk — embed it on your own site by using the PROFESSIONAL USER link to our Builder page.
bULK PROCESSING
Whether it's one claim or many thousands
The same trusted engine powers both the single claim and bulk calculations. Use the single case calculator for individual client calculations or random file checks. Model your specific scenarios before applying chosen parameters to your entire book if required.
Single claim
For advice and individual case files
- Instant, itemised, individual valuation
- Full breakdown and /or amortisation
- Print / export for the client file
- Perfect for file checking or modelling new parameters
Scale
Batch
For triaging and processing a whole book
- Value thousands of agreements at once
- Upload by CSV, export results & totals
- Prioritise the highest-value claims
- Apply your chosen uplift metrics to an entire book
FREE MOTOR FINANCE BOOK VALUATION
Let's value your current cases and highlight the uplift opportunities in your book
Up to a maximum of 500 cases per firm, we will load your data into our Motor Finance module and provide you with a login to view your results. The login remains active for 30 days to give you enough time to work with your live data. You will have FULL functionality for Reporting and see All Uplift Opportunities. We only need NUMBERS and a unique ID for each case so we can report it back to you. No personal client information is required. Simple transfer from your system by csv spreadsheet. No obligation after the trial but we hope you will find the system so useful that upgrading to a paid service is an easy decision for you! We do not publish pricing on a public forum but will be happy to provide our cost structure when we receive your initial enquiry and confirm you are a CMC or Law Firm.