Nu-Car Ltd
Declared in default20 February 2017FRN 312092
What this means for you
Because Nu-Car Ltd 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
Nu-Car Ltd, FRN 312092, was declared in default by the Financial Services Compensation Scheme on 20 February 2017. The firm's product types were not specified in available records, limiting clarity on the precise financial services offered. Eligible customers may claim FSCS compensation according to the product categories relevant to their claims, subject to the scheme's standard protection limits.
Products this firm wrote
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How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.