FSCS in-default register

1st Stop Finance Limited

Declared in default11 March 2010FRN 313642

What this means for you

Because 1st Stop 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

1st Stop Finance Limited (FRN 313642) was declared in default by the FSCS on 11 March 2010. The firm's specific product offerings cannot be determined from available records. Eligible claimants may be entitled to FSCS compensation, though the applicable limit depends on the financial products involved—typically £85,000 for deposits, investments, or mortgages, or 90 per cent of claims for insurance products with no upper limit.

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.