FSCS in-default register

Asset Loans Limited

Declared in default8 September 2009FRN 434375

What this means for you

Because Asset 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

Asset Loans Limited (FRN 434375) was declared in default by the Financial Services Compensation Scheme on 8 September 2009. The firm's specific regulated product lines are not recorded in available data. Eligible customers of the firm may be entitled to FSCS compensation subject to the standard limits applicable to their product category.

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.