FSCS in-default register

Loan Assured Financial Services Lmited

Declared in default21 April 2011FRN 304202

What this means for you

Because Loan Assured Financial Services Lmited 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

Loan Assured Financial Services Limited (FRN 304202) was declared in default by the Financial Services Compensation Scheme on 21 April 2011. The firm's product offerings cannot be determined from available records, preventing specification of the compensation limits applicable to affected customers. Eligible claimants may contact the FSCS to establish their entitlement based on the type of financial product involved.

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.