Mortgage, Investment & Finance Centres Limited t/a The Money Shop
What this means for you
Because Mortgage, Investment & Finance Centres Limited t/a The Money Shop has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.
Background
Mortgage, Investment & Finance Centres Limited, trading as The Money Shop (FRN 137469), was declared in default by the Financial Services Compensation Scheme on 7 March 2006. The firm offered financial services to UK consumers, though specific product categories are not recorded in available data. Former customers may be entitled to FSCS compensation up to the applicable limits depending on the nature of products held with the firm at the time of default.
Products this firm wrote
How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.