FSCS in-default register

Finance Direct (UK) Limited

Declared in default15 December 2009FRN 300360

What this means for you

Because Finance Direct (UK) Limited 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

Finance Direct (UK) Limited (FRN 300360) was declared in default by the Financial Services Compensation Scheme on 15 December 2009. The firm's product types are not specified in available records. Eligible customers may claim compensation up to the applicable FSCS limits depending on the financial products they held with the firm at the time of default.

Products this firm wrote

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How to claim

  1. Check you were a customer of this firm during the period it was regulated.
  2. Gather your policy / advice / contract paperwork — start with anything you have in writing.
  3. Identify your loss and the date it crystallised.
  4. Apply via the FSCS online claim portal at claims.fscs.org.uk.
  5. The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.