FSCS in-default register

Star Loans & Finance Limited

Declared in default24 October 2013FRN 434257

What this means for you

Because Star Loans & 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

Star Loans & Finance Limited (FRN 434257) was declared in default by the Financial Services Compensation Scheme on 24 October 2013. The firm's product types are not specified in available records. Eligible customers may be entitled to FSCS compensation up to £85,000 for deposits, subject to the scheme's standard terms and conditions.

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.