FSCS in-default register

Motor Car Credit

Declared in default21 April 2011FRN 313966

What this means for you

Because Motor Car Credit 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

Motor Car Credit, FRN 313966, has been declared in default by the FSCS as of 21 April 2011. The firm's product types are not specified in available records. Eligible customers may claim FSCS compensation, though the amount depends on the financial products 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.