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Discover 30 expert tips to protect your finances from cryptocurrency scams in the UK. Our comprehensive guide covers the essentials of cryptocurrency, identifies common types of crypto frauds, and provides actionable advice to shield yourself from these scams. Whether you're a novice or an experienced crypto user, learn how to safeguard your digital assets and navigate the process of claiming compensation if you fall victim to a scam. Stay informed and secure in the ever-evolving world of cryptocurrency.

Failure of FTX crypto exchange

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Claim now for flight delay compensation in the UK and receive up to £520.

Have you been misled about car financing?

Couples are encouraged to "say yes" to the Marriage Allowance proposal.

Can't afford to pay your bills and debts? What assistance are you looking for?

Though caring for elderly relatives is an honour, it can also be extremely stressful.

Do You Think You Paid Too Much On Your Car Finance? If So You Are Not Alone! 10000's Have Been Mis-sold!

The following information pertains to complaints regarding Unaffordable or Irresponsible lending.

Were you mis-sold a Personal Contract Purchase (PCP)?

Credit card companies have traditionally increased card limits for customers who have kept good repayment records on their accounts.

Affordability Checks and Irresponsible Lending

Start your Guarantor Loan Reclaim

What are Pawnbrokers and what do they do?

How do you know if you were mis-sold a Pension Annuity? Find out how in the article below:

Take loans, credit cards, and overdraft refunds.

Do not delay! File for unaffordable lending claim today.

Mobile Phone Insurance plan covers the cost of repair or replacement if it’s lost, stolen or damaged. But do you need it? Do these insurance policies fit your needs? Here, we provide you with guidance and better understanding as to why you may have been mis-sold a Mobile Phone Insurance you do not need.

Mis-sold Car Finance Claim

Travel Goals, Then Charges Have you ever dreamed of doing a travel escapade? To take a journey of a thousand miles, away from home, apart from your daily routine and off to the great unknown. Working individuals always say this very popular travel quote “Jobs fills your pockets, Adventures fills your soul”. Yes, it is true that we all need to take a break from our everyday life and engage on activities that are quite fulfilling. We all have travel goals; it may be to a beautiful island somewhere in Maldives or Bora Bora, experience the culture and traditions of Asia or the amazing landscapes in the Azores in Portugal or the Dolomites in the north eastern part of Italy. Some would love to go to the amusement parks like the Disneyland in Paris France, Futuroscope in Poiters France, the Europa park in Germany and the Port Aventura in Spain. These are just a few of the travel goals the some people would love to spend their vacation out from their ordinary daily life. With those travel destinations brings happiness, experience and adventure not mentioning the different food and cuisines that are new and exciting to your palate. Travel goal comes with a cost. You’ll need to at least be ready to spend a fortune in order to travel. Though you have worked all year round just to fill your pockets in order to have a great adventure, you can’t escape from the reality than you’ll need to use your credit cards or debit cards in booking flights and hotel reservations and the like. Some may even take out a travel insurance just to make sure they are well secured for their family dream vacation. As the coronavirus pandemic led to a numerous travel cancellations, those individuals who have used their credit cards to book their flights and hotel reservations battled to get their money back. Those who availed travel insurances for their supposed holiday trip were not able to use their insurances at all and are also struggling in getting their money back. Others tried to settle with their travel provider in order to get a refund but some travel providers does not settle nor provide the refund. According to the (Financial Conduct Authority) FCA, in any case the travel provider won’t provide you the refund you have three options. First option, you can ask help from your credit card or debit card provider for a refund claim . Second option, you can reclaim your money back from the travel provider through a debit card or credit card provider scheme called “chargeback”. Chargeback claim works on (Mastercard, Visa and Amex) debit and credit cards. A chargeback claim occurs when the card holder paid the goods and services but the goods and services were not provided by the retailer, card holder already asked help from retailer for refund but no success. The last option is the Section 75 of the Consumer Credit Act 1974. This only works for credit card purchases between £100 and £30,000. In Section 75 it clearly states there that if you have a claim of refund regarding a breach of contract with the retailer, the same claim can also be done against the credit card issuer. The claim may consist of a faulty product or product was not delivered as promised. Same goes with the travel insurance, you can use those options given above in order to get a refund claim . You might want to check with your claims management company near you or contact them to inquire for such claim and ways in helping you getting your money back through refund compensation .

How Do You Know That You Have a High Chance of Claim? Filing an affordability claim or a mis-sold insurance claim is easy and simple. But you need to know how likely you are to win a compensation. Knowing your chances of being awarded for your claim is important because it could save you time and energy. You’ll need to deliberately and carefully think before you decide to make a claim , if it has a big chance, little or no chance of success at all. So how do you know that you have a high chance of claim? You will know that you have a high chance of your claim once you determine every important aspects of your claim. The solidity and strength of your evidence - Your evidences will determine the reasonable chance in winning a claim. For an affordability claim the best evidence you’ll need is your credit file or credit history and financial statements since affordability claim is a complaint against a lender or creditor for irresponsible lending and for failing to do a proper affordability check before granting you loans. For a mis-sold insurance claim you need to prove that you were never given the accurate information about how the policy works. The entity that the claim can be made against – This refers to any of the following: financial institution, creditor, lender and the bank that provided the loans or the company providing the mis-sold insurance. You can never file a claim without the entity that claims can be made against. The financial institution, creditor, lender and the bank that provided the loans or the company providing the insurance has a duty of care to the claimant and was negligent in fulfilling that duty – This means that there was irresponsibility in the part of the entity and that you the claimant was untreated fairly. The grievance, injustice and stress of the claimant – You need to support your evidence with how greatly you were affected by the negligence of your lender, creditor or the company providing the mis-sold insurance.

Better than IVA What is an IVA? An Individual Voluntary Agreement (IVA) is a legally binding agreement to pay all your debts with your creditors over a period of time usually 5 to 6 years. The positive side of an IVA is since it is legally binding your creditors don’t have a choice but to stick to the agreement and they won’t be able to chase you for your debt. The downside of having an IVA is that once the IVA is in place which would normally take 5 to 6 years, you will be having a hard time to get a short term credit within that period of years because it will affect your credit rating. It would be difficult for you especially if there are family emergencies or unprecedented circumstances. In IVA you are not only paying back your debt but you are also affecting your credit rating and since it is legally binding you don’t have the option to skip payments since it will automatically be deducted from your finances since it is set up by a qualified insolvency practitioner. Since they are set up by an insolvency practitioner there are fees involved, making the IVA more expensive. An IVA will not work for you if you don’t have a fixed or permanent job since the cost for the insolvency practitioner plus the fixed monthly payments to your creditors is expensive. IVA can also affect your home mortgage if you own one; there is a big chance that you’ll have to re-mortgage it at the end of your IVA. Pensions, savings, properties and possessions may also be affected, pension money is considered as an income so whatever money you are receiving as an income will be considered as payment for the IVA. As for savings, properties and possessions there is a chance it will also be used to make payments for the IVA if in cases you switched jobs or you get a sudden unemployment for a short period of time. Best advice you might want to think it over before committing to an IVA.

Experts in Claims? Who are the experts in claims? Claims Management Companies are the experts in claims. These are the people who can help you with any types of claim. Why are they so-called experts in claims? A claims management company is composed of professionals who are experienced in the field of claims, refunds and compensation. These individuals studied the different aspects of claims from insurances, investments, taxes and other related areas. They are partnered with a seasoned legal advisers more likely lawyers, solicitors or barrister who have studied one or more areas of law or areas of legal expertise. They are experts in law and legal issues relating to their particular case and since claims falls under an argument that convinces or provocatively suggests something which you are taking legal action by providing details of the dispute. These experts in claims will represent and fight for you on your behalf against injustice, unfairness and exploitation. These claims management companies are regulated by Financial Conduct Authority (FCA) that means they are legally bound to follow the law and regulation.

When To Proceed To FOS The Financial Ombudsman Service (FOS) is an ombudsman appointed by the UK government that offers a financial dispute resolution for free between consumers and financial services businesses or institutions. They deal with complaints from consumers mostly financial matters like banking, loans, insurances, investments, mortgages, pensions, savings, credit and credit card alike. So when do you proceed to FOS? According to the FOS guidelines the moment when a business that provides financial services and its consumer are not able to resolve the complaint themselves the Financial Ombudsman Service will decide and give its unbiased resolution to the party who was untreated fairly. The individual consumer can file the complaint directly to the financial business or in cases where the consumer used a claims management company to file a complaint against the lender, the financial business or lender is given 8 weeks or 56 days upon receipt of the complaint to provide a final response letter (FRL). A final response letter (FRL) is an acknowledgement by the financial business/lender for any mistakes made with the details regarding the acceptance of your complaint together with the desire to offer redress to settle or a final response letter (FRL) rejecting your complaint along with the reason of rejection.

Escape The Endless Debt Cycle Lending or borrowing system started way back 3000 years ago in ancient Greece and Rome. Borrowing has been a way of life for many individuals. Borrowing was meant to solve a short term problem, like for emergency purposes, unexpected payments or for an investment that would surely bring a hefty sum return of investment, but if you take a loan which is more than your financial capacity that can become a serious problem in the future. In reality, people take out loans for a number of different reasons. Being in debt is not that bad as long as you are able to manage your debt and finances but stay away from making it a habit ending into a debt cycle. A debt cycle is when you continue borrowing at a higher cost or interest leading into increased debt. It is when you borrow more than you can afford and spend more than you what you earn. Others even take a loan to pay other existing loans or take a loan just to keep up your current consumption that will become an endless debt cycle. Endless debt cycle is a serious problem for some people who find themselves in a position where they have existing debts which they are struggling to make repayments and takes out loans in order to consolidate existing loans. This can be either personal meaning a bad habit or administered and enforced. When we say personal level which means a bad habit, this is when a person or an individual is spending too much, too many outgoings even if they know how much income is coming in that could led to an endless debt cycle. While administered or enforced that means when a lender provided you a loan which is more than what you can financially handle, they did not do a proper affordability check or did not do a financial background then let you borrow again and roll over a loan many times increasing the cash loan amount together with the interest charge. The outcome is always an endless debt cycle.

Mis-sold Mortgage Almost all people in UK have mortgages and this is the largest debt that many of us have. Some are satisfied with their terms and rate but most are suffering from mortgage mis-selling . There are governing laws and regulations on how mortgages are sold to consumers. When you took out your mortgage and those rules were broken, then there must be a mis-selling that happened and you could be due to compensation to mend any financial distress or suffering as a result of mis-selling. What scenarios are considered as mortgage mis-selling? When the mortgage lender or broker failed to advise or give the full information about your mortgage terms and agreement. When the mortgage lender or broker failed to do affordability checks and assessment if you could afford the mortgage repayments. When the mortgage lender or broker failed to give you an array of options and encouraged you to sign up for something that is not suitable for you. When the mortgage lender or broker failed to give you the transparency of the fees you will be charged and how these would be paid. When the mortgage lender charged you with unfair and hidden fees.

Tenancy Deposit Disputes : What you need to know and how to be eligible for a claim. When renting a home normally the landlord will ask the tenant to pay a deposit and the landlord uses tenancy deposit as a way to protect them in cases when a tenant leaves property or home without paying rent and caused damages to the property. According to the law (Housing Act 2004), tenancy deposits paid on or after 6th April 2007, the landlord must protect the tenant’s deposit money in a Tenancy Deposit Protection Scheme within 30 days upon receipt of the tenancy deposit. For the landlord to comply with the law: 1. they need to belong to a scheme 2. they need to register the tenancy deposit through the database of the specific scheme 3. they need to pay the membership subscription fee or the tenancy deposit protection charge There are only three (3) Tenancy Deposit Protection Scheme governed and protected by law: 1. Tenancy Deposit Scheme 2. Deposit Protection Service 3. My Deposits At the end of your tenancy the landlord must return your deposit within 10 days upon agreement of how much you are getting back. How do you get the full return of your deposit at the end of your tenancy? 1. Fulfil the terms and agreement of you tenancy. 2. No damages on the property. 3. Fully paid rent and utility bills. In cases wherein any of the above mentioned was not followed or observed by the tenant, the tenant will have to work this out with the landlord with an agreement on how much will be deducted from their tenancy deposi t. Until they reached into an agreement or while the tenant is in dispute with the landlord regarding the breach of agreement, the tenant’s deposit is still protected in the Tenancy Deposit Protection Scheme until the issue is sorted out. How can I be eligible for a Tenancy Deposit Claim ? As mentioned earlier, the most important factor to qualify for filing a claim is that the payment of your tenancy deposit must be on or after 6th April 2007. Any payments before the said date will not be considered. The second qualification for filing a claim is that if your landlord failed to protect your tenancy deposit by not registering with one of the Tenancy Deposit Schemes and did not provide any notice or certification that your deposit has been registered within 30 days upon receiving the tenancy deposit money. If you believed you are eligible to qualify for a Tenancy Deposit Claim, having a professional claims analysts like us on your back will make things smoother and ensuring success with your claim.

Mis-Sold Solar Panel Who wouldn’t want a solar panel if it could result in an electricity bill reduction and reduce carbon footprint, everyone does. But not all could afford the thousands of pounds cost for a solar panel installation that’s why most people were told to take out loans or having it financed by a financial institution or credit card with a false assurance that they could benefit out of it and could cover the monthly finance repayment. According to BBC news on 9th of September 2019 that there thousands of people in UK who bought solar panels complained that the solar panels were not bringing the returns as promised and the Financial Services Ombudsman had about 2,000 complaints. Another BBB news on 7th of March 2020 talked about a solar panel company having mis-sold solar panels for a 25 year contract without their knowledge in Stoke-on-Trent, one of the complainants said that “their digital signatures were given on a iPad to agree to a survey being carried out on their homes, being copied on to contracts they knew nothing about”. How do you know if you have been mis-sold a solar panel? You will know if you have been mis-sold a solar panel when you experience this or you were told by the solar panel firm who sold you the solar panel: Mis-representation of the product – it occurs when you were misled by the solar panel provider giving you a deceiving and inappropriate advice at the point of sale. Electricty bill reduction that could cover your monthly finance repayment. An excess production of electricity supply. Financial benefits received from Feed-In-Tariff (FIT) scheme or Smart Export Guarantee (SEG) That the solar panels would generate an income that can pay itself and you got nothing to lose. If you were given those advices mentioned above that never happened or promises that did not turned out into a reality and you are now experiencing with crippling finance repayments, then you may qualify or entitled to a claim . Having a qualified team of claim experts like us assisting you will help you build a strong case and recover any compensation for your losses from the suffering you have experienced. We are talking about bot only hundreds but thousands of pounds refund for this type of claim .

Train Delay Refund and Compensation Refund or Compensation – Is there a difference? It is called a Refund when your train is delayed or cancelled and you chose not to travel, thereby your unutilized train ticket will be reimbursed without any fees by the original retailer. This means that it will be a full refund of the cost of your train ticket. When it is called Compensation , this means that in the event of travelling you have experienced delay arriving to your destination that may be because of a cancelled or delayed service ; consequently you will be able to claim compensation from the train company where you purchased your train ticket that you are travelling with. This means that a certain percentage will be taken off from the original price of your train ticket depending on how long the delay. There are different compensation schemes for every train companies, but the fact that your train journey was delayed they will allow you to claim for a compensation or if you decided to cancel because of the delay they will provide you with a full refund. How long are the delay and how much compensation I am entitled to? As mentioned earlier, every train companies have their own scheme of compensation . The details below for the Delay Repay Compensation are according to the levels set by the Department of Transport. This will just give you an idea of how much you are able to claim. • Delayed for 15 to 29 minutes – Claim 25% compensation of your single ticket or 12.5% of your return ticket cost • Delayed for 30 to 59 minutes - Claim 50% compensation of your single ticket or 50% of the relevant delayed portion of your return ticket • Delayed for 60 to 119 minutes - Claim 100% compensation of your single ticket or 100% of the cost of the relevant portion of your return ticket • Delayed for 120+ minutes - Claim 100% compensation of the cost of your single ticket or 100% cost of your return ticket (i.e. both portions, not just one way) The most important thing you must know is that claims must be made within 28 days of your journey date and the key evidence of your claim is your train ticket so make sure you keep hold of it. For ease and comfort, we are a claims management company that can help you throughout the entire process, from online consultation up to the awarding of your compensation or refund .

High Cost Lender Refunds High cost loans has been a source of distress, hardship and suffering for thousands of people especially when the lender has not done proper affordability checks upon lending or even when re-lending. This has made many individuals struggling to get through after making loan payments. Mostly the target of high cost lenders are those who are vulnerable, people who lacks the capacity to recover quickly from financial difficulties and those who have poor credit histories. These are the individuals that often have multiple credit products, who juggle repayments and sometimes decide which debt they need to prioritize in paying when they don’t have enough to pay all multiple debts. High cost lenders often target those who are repeat borrowers because it has a strong indicator of a pattern of high dependency on high cost credit. The amount of debt and repayments increases significantly, until it reaches to the point where it is no longer affordable and sustainable for the customers. A lot of people thought that having the loans was a potential way out of their financial difficulty and since they were in need of funds at the time the loans were offered to them, it would be natural for them to accept it, what they don’t realize is their vulnerability was being exploited in the times of their needs. However, these high cost lenders granted these loans that exceeded their client’s capacity to pay; becomes evident that the loans were clearly unsustainable and unaffordable for their client. In addition, the absence of any appropriate and proportionate checks on our client’s financial standing go against existing financial regulations as well as prior jurisprudence on loan affordability as issued by the Financial Ombudsman. What are the indicators that you have been mis-sold a high cost loan ? • the lender did not undertake proper affordability checks • you have multiple loans and you are pressured in borrowing or taking out loans to pay off other loans • you have non-stop overdrafts • you were struggling to pay your loans • you were struggling to pay your essential bills like electricity, rent and council tax • you run out of food and essentials in order to pay the loans • you were in a debt cycle or debt trap • you missed your repayments • the loan was unaffordable Among the list of high cost lenders includes 01613021906 Money, Avant Credit, Everyday Loan, Lending Stream, Loans 2 Go, Satsuma, Bamboo, SafetyNet and many more. If you have ever experienced the above mentioned then you may have been a victim of mis-sold loan from a high cost lender. Take a step to a debt free life by completing our form and seek a free 100% online consultation from our team of experts. We promise a No Win NO Fee policy.

What is PPI (Payment Protection Insurance)? According to the FCA (Financial Conduct Authority) and The Financial Ombudsman Sevice (FOS), Payment Protection Insurance - “was usually sold with products that you need to make repayments on, like a loan, credit card or mortgage.” “The PPI was designed to cover repayments in certain circumstances where you couldn’t make them yourself. These include if you were made redundant or couldn’t work due to an accident, illness, disability or death.” But the FCA (Financial Conduct Authority) found out that mis-selling of PPI was rampant. More than £38 billion has already been paid back to people who complained about the mis-sold of PPI . That is what we call PPI Payout. Did you receive a Payment protection insurance (PPI) payout? Tax may have been deducted on your PPI payout . Why is tax taken off from PPI payouts? It is because the money you get paid back for PPI is a refund from the PPI you paid or the bank may have added outrageously an extra loan from your original loan only to pay for the PPI and you get annual statutory interest of 8% to match inflation. Among the three mentioned only one aspect of the PPI payout is tax deductible. Most financial institutions deducted 20% of this tax (statutory interest) before reimbursing your PPI payout instead of 8%. So if you received a £1,000 PPI payout you are entitled nearly about £100 tax return or if you received £15,000 PPI payout then your tax return could be as close as £1,470. Below is the table conversion for the Tax Return or Tax Refund for your PPI Payout :

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When taking out a log book loan one may not necessarily countenance the possibility that they may actually loose their car. Ask yourself the question, what does your car mean to you, and what would be the effect of loosing it on your ability to earn, to get to work and do the school runs? Then ask yourself if the risk is really worth it. There are of course occasions where it is clear that the loan is affordable and the risk of loosing the car negligible, but there are borderline cases and strikingly obvious cases in which it is more likely that not that the car would be lost. If you cant afford to lose it, then why take the risk? If you believe your log book loan was unaffordable, whether or not you have paid it off, we can provide assistance in claiming a refund of interest and charges, subject to the loan being unaffordable. Click the Button below to learn more.

For us to understand how a loan can be deemed “unaffordable”, we first need to know the basic concept of debt relative to Economics. Economics comes from a Greek word that means management of a household. A household has its own budget and there are basic needs or expenses to be met like food, utilities, mortgage or rent, etc. A family needs to manage the finances wisely, so it can survive and does not run out of funds. Now, a household will not always have enough budget for every expense along the way, that is why it will need to incur debt at some point. From this concept alone, we can learn that once a household incurs a debt, it means that it is already filling a gap caused by a lack of resources. One type of loan that an individual can apply for is a Rent-to-Own (RTO) is an instalment framework usually utilized for family unit products such as refrigerators, clothes washers and TVs. Organizations offering this administration incorporate BrightHouse, Perfect Home, Buy As You View, Poundstretcher Ltd., Brick Warehouse Corporation, and numerous others. With Rent-to-Own purchase , you get the item straight away and pay for it weekly, fortnightly, or in regularly scheduled payments usually within one to three years, in addition to intrigue. These stipulations regularly incorporate protection or guarantee for the item. Now, incurring debt is not necessarily bad, but when you borrow you must be able to not only pay but also continue to manage the household and not compromise the other needs of the family. You also must think carefully before putting yourself in this position as the amount of money you pay back is always more than what you borrowed. How do we now ensure that a debt is sustainable? You should be able to gauge the debt amount and the amount you are able to pay relative to other expenses in the household. The individual or family’s collective salary should be enough to settle the loan and other bills or expenses in the household. It is now important to examine the nature of the debt through frequency and loan amount. When you have paid off a loan, but you had to default on other debts or bills, it means that the debt is unaffordable. When you keep paying and reapplying for another loan, it also indicates that you are now filling a long-term void in your finances that can only be solved through a loan. Given these sample scenarios, some lenders would just go on giving you more loans without making a fair assessment of your financial situation. If the creditor has not done proper affordability checks, they may have given you a loan that is larger than you need, or that you could afford to pay back. This is where responsible lending comes in. Responsible lending is a concept in the finance industry, ensuring lenders only offer you a loan if it suits your needs and circumstances. This means that by the time that they have approved your loan application, that they have made the effort to determine whether you can repay the loan without experiencing substantial hardship. If you are having difficulties paying your loan and you believe that your lender acted irresponsibly, then you might be eligible for a refund. Ingram Toft can help you file a complaint to your lender, and we will ask them to refund all the interests and charges you paid on your loan. Complete the short form below and let us do the work for you.

It's been more than a year since the pandemic started and we all (or almost) feel the struggle on surviving in this lifetime. We share the same burden most especially in terms of our finances. Due to the above-mentioned challenges, we are in desperate need of solution whereas most of us ended up getting loans. We seek financial assistance with these lenders where mostly do not require much of a complication to get approved immediately. And one of the best examples of these are doorstep loans . Demands on getting loans every year gets higher and higher. But do consumers think that these will help ease their financial difficulties? These lenders may get you approved easily and get the cash you needed. They may also give you flexibility in terms of payments. But have you realised this is another cause of your financial burden? Listed below are reasons why they get you more into bigger trouble: Interest charges are over 50% to 100% or higher When you miss your payments, additional charges may apply If you are unable to pay your loans for a period of time, they mostly offer you a roll over that adds up more interests which you will be required to pay Due to the above list, your debts will lead into an endless cycle If you think the above applies to you WE CAN DEFINITELY HELP by getting REFUNDS to the interest and charges that they you have be charged.

Failing to pay your bills on time, having multiple credits and loans hurt your credit score. And what does it mean to have a bad credit rating? If a person has a bad credit, they will find it difficult to borrow money especially at competitive interest rates for the reason that they are considered "high risk" compared to other borrowers. It goes the same for all types of loans, including both secured and unsecured varieties, though there are options available for the latter. TAKEAWAYS • A person is considered to have a bad credit if they have a history of owing too much money, not paying their bills on time or not paying their debts at all. • A bad credit is often reflected as a low credit score--typically above 670, on a scale of 300 to 850. A score between 580 and 669 is considered fair. • People with a low credit score typically find it harder to get a loan or be granted a line of credit. How Do I Fix or Improve a Bad Credit Score? Many would settle for their current fair or bad credit rating because they do not know what to do. Listed below are some ways you can improve your credit rating. 1. Keep your unused credit card open. Do not close your unused credit card accounts and do not open new accounts that you don't need. Either ways can damage your credit rating. 2. Set auto-debit payments. This way, you will not forget your loans and credit card due dates and won't miss a payment. 3. Pay above the minimum. Make your payments above the minimum amount due, whenever possible. Set a realistic repayment goal and gradually clear your credit. 4. Seek help from a claims management company . Many people are unaware that when they file a claim against a lending company or a bank, it may bring them back to the position when they had not taken out the loan/credit. This means reversing your bad credit rating. Start improving your credit rating now! You might need a good credit rating soon. Click below to file a claim .

A loan is when you borrow money from a lender, bank or financial institution and pay it on a later date specified through the terms of the contract including the principal amount plus the interest rate or charge. It is typically divided into a number of instalments for a certain period of time. Normally when you apply for a loan you are granting authorization to the lender to run a credit check on your finances and do an affordability check . Most of the time lenders perform those checks but some do not. A good example of that is when you take out a loan and your current monthly income is only £08003687382 and your lender granted you a loan of £1,000 with an interest charge of £01613021906 under a £35.00 weekly instalment for 52 weeks. This meant that the lender did not do an affordability check of your finances. It also clearly shows that you’ve been granted a loan that is unaffordable for you and because you were in need of funds at the time the loans were offered to you, it would be natural for you to accept what you thought was a potential way out of your financial difficulty. It is evident that the loan granted to you has exceeded your capacity to pay, the tendency of having to skip repayments or to top up another loan and rolled over the interest. If this becomes a cycle, you will be under a debt trap. If repaying a loan made you broke and missed payment on your utility bills and other debts then it falls into the category of unaffordable lending or loan . When repayment of the loans becomes unmanageable then you can resort to seeking refunds on loans. If you have an unaffordable loan that is unpaid you can file a complaint against the lender to ask them to remove the interest from your balance or if the loans have already been settled in the past within the last 6 years then you can ask the lender for a refund of all the interest you have paid on all of the loans. You have two options for the refunds on loans . The first option you can directly file the complaint against the lender by yourself, which can be a lengthy process that would consume your time and energy or you can seek assistance from a reputable claims management company who can represent you and your refund claim against the lender. The important thing is you’ll get refunds on loans which you deserved.

Mis-sold Pension Transfers occurs when you have been given deceiving, inappropriate advice that misled you to commit to a new unsuitable pension scheme and encouraged to transfer your original pension to the new pension scheme with high risks or hidden charges/fees.

Nowadays, due to the rise of insurance claims, the need for a middle man or a legal representative also blossomed like the flowers in spring and these representatives are called “ Claims Management Companies ”. A claims management company is a type of firm that acts on your behalf between you and the insurance company which you believed owes you money or any compensation. A claims management company has a list of practice areas and services they offer. They exist on behalf of their clients and process various types of claims. The big question people are asking now is “will there be an advantage in using a claims management company?” There are pros and cons of using a claims management company. There are benefits in using a claims management company but there are also disadvantages or a downside to it. Here are some of the pros and cons of using a claims management company.

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