FSCS in-default register

Approved Finance Limited

Declared in default21 February 2012FRN 309755

What this means for you

Because Approved Finance 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

Approved Finance Limited (FRN 309755) has been declared in default by the Financial Services Compensation Scheme (FSCS) as of 21 February 2012. The firm's product types are not specified in available records. Eligible customers may be entitled to compensation up to the applicable FSCS limits depending on the financial services they received from the firm.

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.