FSCS in-default register

Your Choice Auto Finance Limited

Declared in default25 March 2011FRN 306974

What this means for you

Because Your Choice Auto 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

Your Choice Auto Finance Limited (FRN 306974) was declared in default by the Financial Services Compensation Scheme on 25 March 2011. The firm provided motor finance services to consumers. Former customers may be entitled to FSCS compensation of up to £85,000 per person, depending on the nature of their claim and the firm's regulated activities at the time of default.

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.