FSCS in-default register

Next Loans Limited

Declared in default10 July 2013FRN 314893

What this means for you

Because Next Loans 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

Next Loans Limited (FRN 314893) was declared in default by the Financial Services Compensation Scheme on 10 July 2013. The firm's product offerings are not specified in available records. Eligible customers may be entitled to FSCS compensation, though the specific limits depend on the financial products involved in individual claims.

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.