Positive Lending Limited formerly Positive Lending Solutions Limited
What this means for you
Because Positive Lending Limited formerly Positive Lending Solutions 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
Positive Lending Limited, formerly Positive Lending Solutions Limited (FRN 449316), was declared in default by the Financial Services Compensation Scheme on 31 March 2011. The firm's specific product offerings cannot be determined from available records. Eligible customers may be entitled to FSCS compensation up to the applicable limits depending on the type of financial product held, though the absence of documented product type information limits clarity on compensation entitlements in this case.
Products this firm wrote
How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.