GUARANTOR & HIGH COST LOAN CLAIMS
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.
The Claims Experts Ltd (Trading as Claim Owl) has been successfully representing customers for a number of years and is happy to discuss potential claims with you.
Three Reasons You Should Claim
Interest and charges
If successful, we will be looking to recover the interest and charges you have paid on your finance.
Fix your score
Should your claim be successful, your credit score may improve as a result of lenders removing negative markers potentially placed on your credit file.
Fix your score
Not to worry! Even if you haven’t repaid the finance in full, you may still be eligible to claim. We have managed to successfully clear almost £5m in debt without charging a fee!
Why You Should Choose Claim Owl
We act on your behalf to ensure the amount due to you is refunded
Guaranteed No Win No Fee
Friendly staff to support your claim
Regular updates throughout the process
