FSCS in-default register

Simply Credit Limited

Declared in default20 October 2010FRN 313413

What this means for you

Because Simply Credit 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

Simply Credit Limited (FRN 313413) has been declared in default by the FSCS as of 20 October 2010. The firm's specific product offerings cannot be determined from available records. Eligible customers may be entitled to FSCS compensation, though the applicable limits depend on the types of 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.