FSCS in-default register

Uk Personal Loans Limited

Declared in default27 September 2010FRN 314166

What this means for you

Because Uk Personal 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

UK Personal Loans Limited (FRN 314166) was declared in default by the Financial Services Compensation Scheme on 27 September 2010. The firm provided personal loans to retail customers. Former customers may be entitled to FSCS compensation of up to £85,000 per person in relation to eligible 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.