FSCS in-default register

Loans Approved UK Limited

Declared in default26 March 2013FRN 455807

What this means for you

Because Loans Approved 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

Loans Approved UK Limited (FRN 455807) was declared in default by the FSCS on 26 March 2013. The firm's primary product types are not specified in available records. Former customers may be entitled to FSCS compensation subject to the scheme's standard limits, though the applicable compensation level depends on the financial products 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.