Lenders have to check you can genuinely afford to repay a loan, credit card, catalogue account or guarantor loan before approving it. If you were given credit you couldn't afford, weren't told what you were signing up to, or felt pressured into borrowing, you could be entitled to a refund plus interest.
Takes a few minutes. No obligation.
Lenders and credit providers have a legal duty to check you can afford to repay before lending to you. If they didn't, you may have a valid claim.
Lenders must carry out proper checks to confirm you could realistically afford the repayments before approving credit.
Guarantor lenders must properly check both the borrower's and the guarantor's ability to afford the loan, not just approve it because a guarantor is in place.
Short-term and high-cost credit providers should treat repeat borrowing as a warning sign, not a reason to keep lending.
Catalogue and store credit accounts are still regulated credit agreements, the same affordability rules apply as for any other loan.
Card providers are required to check affordability not just when an account is opened, but each time your credit limit is increased.
Being repeatedly approved for new credit to manage existing debt is often a sign that proper affordability checks weren't carried out.
Every case is different, so we won't promise a figure before we've reviewed the details. Redress for mis-sold finance can be made up of several different elements.
Our specialist partners will assess your credit agreements and correspondence to build the strongest possible case and identify what redress you may be entitled to.
Get My Free AssessmentTell us which lender or credit provider you believe mis-sold you finance.
We check the circumstances of your agreement to confirm whether you have a valid claim, free of charge.
We build your case, manage it through to completion, and keep you updated at every stage.
A specialist will contact you within 2 working hours.
Takes 2 minutes. No commitment. No upfront costs.