FSCS in-default register

Credit First

Declared in default10 May 2011FRN 306105

What this means for you

Because Credit First 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

Credit First, operating under FRN 306105, has been declared in default by the Financial Services Compensation Scheme (FSCS) as of 10 May 2011. The firm's product types are not specified in available records. Former customers may be eligible for FSCS compensation, subject to applicable limits depending on the financial products involved.

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.