FSCS in-default register

Direct Car Sales & Finance Limited

Declared in default13 July 2011FRN 305600

What this means for you

Because Direct Car Sales & 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

Direct Car Sales & Finance Limited (FRN 305600) was declared in default by the Financial Services Compensation Scheme on 13 July 2011. The firm's product types were not specified in available records. Eligible customers may be entitled to compensation under FSCS protection, though the specific limits depend on the financial products involved in individual claims.

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.