Anglo European Credit Group Limited (formerly Auto Union Finance Limited)
What this means for you
Because Anglo European Credit Group Limited (formerly Auto Union 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
Anglo European Credit Group Limited (formerly Auto Union Finance Limited), FRN 310748, was declared in default by the Financial Services Compensation Scheme on 12 January 2011. The firm's product types were not specified in available records, limiting clarity on the exact nature of financial services it provided. Former customers may be eligible for FSCS compensation up to the applicable limits depending on the type of product held at the time of default.
Products this firm wrote
How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.