What is Mis-Selling? Was My Loan Unaffordable?

As a responsible lender, all lenders must follow rules set out by the Financial Conduct Authority to ensure they lend money responsibly. Lenders need to check that it's fair and affordable for you to borrow money. If a lender fails to do so and still lends you money, you could be entitled to a refund of some or all of the interest and charges on those loans.

Affordability checks should always be undertaken by lenders. These checks may vary depending on the size of the loan or your lending history. Lenders should also consider any changes in your circumstances before approving a loan.

To determine if a loan is affordable, lenders should check that you can sustainably repay the loan over a reasonable period of time. If you can't make payments without borrowing from other lenders, the loan may not have been affordable and shouldn't have been offered to you.

Claim Owl (A trading style of The Claims Experts Ltd) has been successfully representing customers for a number of years and is happy to discuss potential claims with you.

All You Need To Do 3 Simple Steps

1

Select

Select the lenders which you believe mis-sold you finance

icon
2

Check

We will verify whether a claim can be made on your behalf

icon
3

Confirm

We will build a case and manage your claim to conclusion

icon

Why You Should Choose Claim Owl

icon
icon

We act on your behalf to ensure the amount due to you is refunded.

icon

Guaranteed No Win No Fee

icon

Friendly staff to support your claim

icon

Regular updates throughout the process

icon

Hassle free process – Impakt Claims do all the hard work for you

No Win No Fee*

What is No Win No Fee*?
How does No Win No Fee* work?
Are there any catches to No Win No Fee*?