FSCS in-default register

Rainbow Car Loans Limited

Declared in default26 July 2011FRN 314579

What this means for you

Because Rainbow Car 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

Rainbow Car Loans Limited (FRN 314579) was declared in default by the Financial Services Compensation Scheme on 26 July 2011. The firm's product offerings cannot be determined from available records. Former customers of the firm may be entitled to compensation under FSCS protection, subject to applicable product-type limits and eligibility criteria.

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.