FSCS in-default register

First Action Finance Limited

Declared in default28 May 2015FRN 432958

What this means for you

Because First Action 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

First Action Finance Limited (FRN 432958) has been declared in default by the FSCS as of 28 May 2015. The firm's specific product offerings cannot be determined from available records. Former customers may be entitled to FSCS compensation, though the applicable limits depend 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.
First Action Finance Limited — in default · FSCS compensation pathway · My AI Marketing