FSCS in-default register

Funding Network Loans Limited

Declared in default4 May 2010FRN 311199

What this means for you

Because Funding Network 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

Funding Network Loans Limited (FRN 311199) was declared in default by the Financial Services Compensation Scheme on 4 May 2010. The firm's specific product offerings cannot be determined from available records. Former customers may be entitled to FSCS compensation, though the applicable limit depends 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.