Explaining Enterprise Finance Guarantee Loan Mis-selling
|
|
- Alban Daniel
- 8 years ago
- Views:
Transcription
1 Business Loan Claims Explaining Enterprise Finance Guarantee Loan Mis-selling All Square. All Fair. January Enterprise Finance Guarantee Loans were sold through the main UK high street banks and finance houses from This guide will help you identify if your Enterprise Finance Guarantee Loan has potentially been mis-sold and whether you are able to claim financial redress if it has been.
2 About Enterprise Finance Guarantee (EFG) Loans The Enterprise Finance Guarantee (EFG) scheme is a government backed scheme that enables businesses to secure loans between 1,000 to 1.2million. The EFG scheme was aimed at improving the availability of capital and investment funding to encourage institutions to lend to smaller businesses that would otherwise be declined loans for a lack of security or as they suffered from a poor credit standing. Under the EFG scheme, the lending institution decides whether to lend to the business and the Government then provides a guarantee to the lender. However, the problem with EFG scheme was the way that many of these loans were sold. Businesses were sometimes told by the lender that the government would guarantee 75% of the value of the loan if they defaulted, meaning that the business is then only liable for 25% of the value of the loan. In actual fact, the borrower is liable for 100% of the EFG loan and it s the government that guarantees 75% of the loan for the bank. Types of Facilities The following is a list of the types of credit facilities that can benefit from EFG:- New term loans - for working capital and investment purposes Revolving Facilities - new or increased overdrafts, or other forms of revolving facility borrowing Invoice finance facilities Term loans for debt consolidations or refinancing Revolving facility refinance Invoice finance refinance Trade credit guarantees Who provided EFG Loans? EFG Loans were provided by over 40 lenders including the high street banks and specialist finance providers. Call us to see if your lender is on the EFG list. Please call our specialists on to discuss how we can help. EFG Loans provided to Small and Medium Sized Businesses in the UK 9,000 Firms that borrowed from RBS under the EFG scheme 900m+ Lent by RBS under the EFG scheme* *Fee payable if case is not pursued at the client s request. *Source: 2 3
3 It s R Explaining Enterprise Finance Guarantee (EFG) Loan Mis-selling Then in I d like to grow my small business... can you lend me some money please? The recession has really affected my business and I can no longer afford the repayments on the loan. Can I use the guarantee on the EFG loan? BUSINESS OWNER Yes of course. We can offer you a new product called an Enterprise Finance Guarantee (EFG) loan BANK MANAGER No. You don t understand. The guarantee protects us the bank NOT you the borrower. The EFG loan will protect your business from a default so you only have to pay back 25% of the value of the loan if that happens. It s what you need right now. Sign here...have to dash - BYE! Eh? I don t understand. I just want a simple loan. What are the terms and conditions? SIGNATURE Are you sure? I paid an extra 2% annual premium for the EFG loan, surely I must get some benefit or insurance protection? No, thats just an additional fee for the EFG loan that you pay us. What? That s not what I was told before! If I had known that I wasn t protected, I would never have taken out an EFG loan. Lenders may have failed to properly explain the Enterprise Finance Guarantee Loan including the features, benefits and risks. Things seem to be going well - business is growing and I can afford my loan repayments... It s All Square may be able to help you We have the experience and expertise to understand Enterprise Finance Guarantee Loans, how they work and how they were sold. We have a strong track record of assisting businesses claim for complex Business Banking loans and products. Call or claims@allsquare.co.uk 4 5
4 Identifying if you were mis-sold Enterprise Finance Guarantee Loans may look simple but they are actually quite complex products that contain a number of hidden features and risks. Business Loan Type Enterprise Finance Guarantee Loan Institution Protected by Government Bank 75% Proportion of Loan Protected In order to identify if you have been affected by the mis-selling of a Enterprise Finance Guarantee Loan, here are some key things to look for and questions to ask yourself: Did your bank properly explain the features, benefits and risks of the Enterprise Finance Guarantee Loan before it was sold? Did your bank tell you that the Government Guarantee protected the business rather than the bank from a default in loan repayments? Did your bank properly explain to you that you could have taken out other loans or credit facilities? Did your bank make it clear that the business was liable for the entire value of the loan? Did your bank provide you with advice relating to the Enterprise Finance Guarantee Loan? If you find yourself answering No to many of these questions, (and Yes to the last one), then it may be that you have a valid claim for a mis-sold Enterprise Finance Guarantee Loan. Don t forget about Consequential Loss If you manage to secure financial redress for a mis-sold Enterprise Finance Guarantee Loan, then it may be that, in addition, you also have suffered Consequential Loss. Consequential Losses arise from additional charges and fees that you may have been charged by your bank as a result of entering into the Enterprise Finance Guarantee Loan. Consequential Loss will also cover other claims relating to loss of business opportunity. What to do next If you believe that you have been affected by any of the issues outlined in this brochure and want to take action to try to get your money back, then please call one of our specialists who will be on hand to discuss your case. For successful claims we usually charge a fee of 20%+VAT of the total settlement. We provide a No Win No Fee * service for all our claims. Why All Square? All Square are one of the UK s leading firms for complex Business Bank mis-selling claims. Staffed by ex-bankers, in-house banking lawyers and insolvency experts, we have built a strong track record of assisting businesses with complex issues relating to claiming for mis-sold business banking products. How we can assist All Square offers a professional service for all issues relating to claiming for mis-sold Enterprise Finance Guarantee Loans. Claims for mis-selling of Enterprise Finance Guarantee Loans Financial Ombudsman Service (FoS) complaints Litigation Claims for a Consequential Loss *Fee payable if case is not pursued at the client s request. 6 7
5 Business Loan Claims Explaining Enterprise Finance Guarantee Loan Mis-selling Disclaimer This document is designed to be informative but is not intended to constitute advice, whether legal, financial or otherwise. We make no warranties or representations about any of the content (including, without limitation, the quality, accuracy, completeness or fitness for any particular purpose of such content). 8 All Square is a trading style of All Square Finance Limited. All Square Finance Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities, its registration is recorded on the website (Authorisation No. CRM31952). All Square Finance Limited is registered in England and Wales under Co. No Registered office at Unit 1C, Riparian Way, The Crossings Business Park, Cross Hills, Keighley, BD20 7AA Telephone: +44 (0) Facsimile: +44 (0) VAT NO:
Explaining Fixed Rate Business Loan Mis-selling
Business Loan Claims Explaining Fixed Rate Business Loan Mis-selling All Square. All Fair. January 2015 1 Fixed Rate Business Loans were sold through the main UK high street banks and building societies
More informationExplaining Tailored Business Loan & Stand Alone Hedging Product Mis-selling
Business Loan Claims Explaining Tailored Business Loan & Stand Alone Hedging Product Mis-selling All Square. All Fair. January 2015 1 Tailored Business Loans and Hedging Products were sold through Yorkshire
More informationExplaining Tailored Business Loan & Stand Alone Hedging Product Mis-selling
Explaining Tailored Business Loan & Stand Alone Hedging Product Mis-selling Tailored Business Loans and Hedging Products were sold through Clydesdale Bank from 2001. This guide will help you identify if
More informationExplaining Tailored Business Loan & Stand Alone Hedging Product Mis-selling
Explaining Tailored Business Loan & Stand Alone Hedging Product Mis-selling Tailored Business Loans and Hedging Products were sold through Yorkshire Bank and Clydesdale Bank from 2001. This guide will
More informationExplaining. Consequential Loss Claims. All Square. All Fair. Consequential Loss Claims. January 2015
Consequential Loss Claims Explaining Consequential Loss Claims All Square. All Fair. January 2015 1 This guide will help you identify if your mis-sold business banking financial product has the potential
More informationAll intellectual property rights and copyright in the material on this website belongs to The Entitlements Agency, unless otherwise stated.
Terms & Conditions Using our Services The Entitlements Agency has designed this website with the idea of offering you a source of information. Whilst we endeavour to maintain the site and keep the information
More informationHow Do You Get Your Money? Simply fill in the enclosed claim pack and send it back to us in the pre-paid envelope provided.
For no-hassle Payment Protection Insurance (PPI) Claims 2 The Old Stables, Mitton Road, Whalley, Clitheroe, BB7 9PA telephone 01254 822880 email: info@yourmoneyclaim.co.uk Welcome to Your Money Claim,
More informationClaim Forms. Please print, complete and return to (no stamp needed):
Claim Forms Please print, complete and return to (no stamp needed): Claims Thru Us Freepost RRZK-YTRL-UEXT 1 Farnsworth Court West Parkside LONDON SE10 0QF Please enclose a copy of your loan/credit agreement
More informationPPI ADVICE LTD PRE CONTRACT GUIDE - PAYMENT PROTECTION INSURANCE
PPI ADVICE LTD PRE CONTRACT GUIDE - PAYMENT PROTECTION INSURANCE It is important to us that you make the right decision. We therefore provide guidance about what we do, how we work and our fee. PPI Advice
More informationwww.yourmoneyclaim.co.uk tel: 01254 822880 Fighting Your Corner
www.yourmoneyclaim.co.uk tel: 01254 822880 Fighting Your Corner BILLIONS set aside in compensation for mis-sold PPI & bank accounts Welcome MILLIONS to Your are Money entitled Claim, to compensation The
More informationPlease complete the Account Details page of our pack and ONE Letter of Authority for each company you want to claim against.
Please complete the Account Details page of our pack and ONE Letter of Authority for each company you want to claim against. Q. I don t have any account numbers or documentation, can I still claim? A.
More informationFilling in the Form of Authority. Please ensure you have the lenders name in order to pursue the claim.
Filling in the Form of Authority Please ensure you have the lenders name in order to pursue the claim. 1. Print a claim form for each lender and type of finance. 2. Do not use one claim form for multiple
More informationA HOMEOWNER S GUIDE TO MIS-SOLD MORTGAGES
A HOMEOWNER S GUIDE TO MIS-SOLD MORTGAGES HAVE YOU BEEN SOLD THE WRONG MORTGAGE? Prior to the credit crunch of 2007, the number of mortgages sold in the UK was at a record high. Most of these were correctly
More informationwww.moneyboomerang.co.uk Money Boomerang Limited Adamson House, Towers Business Park, Didsbury, Manchester, M20 2YY Tel: 0161 955 4740
: Claim Reference Dear MIS-SOLD MORTGAGE CLAIM Thank you for contacting Money Boomerang. We are specialists in claiming back mis-sold Mortgages! Please find enclosed a Form of Authority / Mis-sold Mortgage
More informationDebt Management Plan. Terms of Business
Debt Management Plan Terms of Business Important Note These terms of business (the Terms ) explain the rights and obligations of You and Us regarding the provision of your Debt Management Plan. You should
More informationGuide to Reclaiming Mis-sold Payment Protection Insurance. Debt Advisory Services (Scotland) Limited Telephone 08000112322 www.scottishdebthelp.co.
Guide to Reclaiming Mis-sold Payment Protection Insurance Debt Advisory Services (Scotland) Limited Telephone 08000112322 www.scottishdebthelp.co.uk Contents 1. Introduction 2. What is Payment Protection
More informationHave you been mis-sold a Packaged Bank Account? We are dedicated to dealing with claims where you have been mis-sold a packaged bank account
Have you been mis-sold a Packaged Bank Account? We are dedicated to dealing with claims where you have been mis-sold a packaged bank account Welcome to Your Money Claim, We all know about mis-sold PPI,
More informationEnterprise Finance Guarantee. Frequently Asked Questions NOVEMBER 2014
Frequently Asked Questions NOVEMBER 2014 Section One EFG Eligibility Conditions My business meets the basic EFG eligibility criteria. Does that mean I will definitely get an EFG loan? No. Lenders retain
More informationClient Information and Checklist
Gilham Capital Ltd, PO Box 362, North Ferriby, HU14 9AL Client Information and Checklist *Customer Name(s) *House Number / Name *Street Name Locality *City County *Post Code *Home Telephone Number *Mobile
More informationInformation Form. Personal Information. 2nd Applicant. First Names. Surname. Address
No Win, No Fee Information Form Personal Information 1st 2nd Mr/Mrs/Miss/Ms/Title Date of Birth Mr/Mrs/Miss/Ms/Title Date of Birth Telephone Number Telephone Number Mobile Mobile Best Contact Time Best
More informationMP FINANCIAL - PPI (PAYMENT PROTECTION INSURANCE) COMPLAINT QUESTIONNAIRE. SECTION 1 - About You
www.mp-financial.net MP FINANCIAL - PPI (PAYMENT PROTECTION INSURANCE) COMPLAINT QUESTIONNAIRE SECTION 1 - About You Section 1 (A) - Personal Details Surname Title Surname Title First Name (s) First Name
More informationA few minutes of your time could earn you thousands.
A few minutes of your time could earn you thousands. Welcome to Maple Leaf Financial Ltd. We are pleased to follow up with your NO WIN, NO FEE Payment Protection Insurance dispute. The enclosed claim pack
More informationPersonal Finance (U21065/S21065) Lecture 3 The Economic and Regulatory Environment
Personal Finance (U21065/S21065) Lecture 3 The Economic and Regulatory Environment Protecting yourself with Insurance Introduction to Personal Finance Researching PF Products Financing a Home The Economic
More informationInformation Form. No Win, No Fee. Personal Information. 2nd Applicant. 1st Applicant. Financial Status. Pension Comparison. Mis Sold Mortgages
No Win, No Fee Information Form Personal Information 1st 2nd Mr/Mrs/Miss/Ms/Title Date of Birth Mr/Mrs/Miss/Ms/Title Date of Birth First Names First Names Surname Surname Address Address Telephone Number
More informationMoneySmartCo Limited Terms of Business MoneySmartCo Limited (Company Number 0861355) is a claims management company authorised and regulated by the
MoneySmartCo Limited Terms of Business MoneySmartCo Limited (Company Number 0861355) is a claims management company authorised and regulated by the Claims Management Regulator in respect of claims management
More informationYour guide to reclaiming mis-sold PPI
Your guide to reclaiming mis-sold PPI a division of goldsmith williams a division of goldsmith williams PPI Return and Goldsmith Williams PPI Return makes your compensation claim simple and straightforward
More informationProfessional Negligence Claims
Client focused Lawyers We can provide advice and assistance in the following areas: Mortgage Mis-selling Interest Rate Hedging Products (IRHP) Solicitors At TLW Solicitors, we offer a client focused approach
More informationThe exercise for each bank will be scrutinised by an independent reviewer and overseen by the FSA.
INTEREST RATE HEDGING PRODUCTS Executive Summary Interest rate hedges include a variety of different products sold to customers to help protect them against interest rate risk. In principle, interest rate
More informationRe. The Payment Protection Insurance on your Loan/Credit Cards
Re. The Payment Protection Insurance on your Loan/Credit Cards Dear Sir/Madam Thank you for choosing JSK Claims to help you get back your hard earned money back from your bank. We will battle hard to fight
More informationMis-Sold Payment Protection Insurance (PPI) Claims Pack
Mis-Sold Payment Protection Insurance (PPI) Claims Pack Debt Clear Solutions is delighted to enclose an information and application pack that will enable us to reclaim any mis-sold Payment Protection Insurance
More information1 Title. 2 Full Name (Please include names of all policy holders) 3 Address. 4 Phone. 5 Mobile number. 6 Email
1 Title 2 Full Name (Please include names of all policy holders) 3 Address 4 Phone 5 Mobile number 6 Email 7 Date(s) of birth 1st Applicant 2nd Applicant 8 Have you currently complained to the company
More informationGuidance with forms. How to make a Do-it-Yourself Claim for mis-sold Personal Protection Insurance
Guidance with forms How to make a Do-it-Yourself Claim for mis-sold Personal Protection Insurance This is an excerpt from Lawpack s PPI Claim Pack. To find out more about making a DIY PPI claim and getting
More informationThese terms of business (the Terms ) explain the entire rights and obligations of You and Us regarding the provision of our Services.
Investor Compensation (UK) Limited - Terms and Conditions PPI These terms of business (the Terms ) explain the entire rights and obligations of You and Us regarding the provision of our Services. You should
More informationPayment Protection Refunds.co.uk Claims Pack
Payment Protection Refunds.co.uk Claims Pack The following claim papers are all you need to begin your claim for a refund of Payment Protection Insurance 0161 495 3990 www.paymentprotectionrefunds.co.uk
More informationPayment Protection Insurance Claim Form
Claim Form All forms to be completed, signed and returned to: FREEPOST RSAX GKEK HUYK Reclaim Your PPI Ltd Waters Green House Sunderland Street Macclesfield SK11 6LF Please complete the following forms
More informationCLAIMLINE UK LTD GENUINE NO WIN NO FEE CLAIMS
YOUR PERSONAL MISSELLING PPI CLAIMS PACK CLAIMLINE UK LTD GENUINE NO WIN NO FEE CLAIMS Regulated by the Ministry of Justice in respect of Claims Management Activities Ministry of Justice Authorisation
More informationJoint and Several Liability. Partnership responsibilities.
Joint and Several Liability. Partnership responsibilities. If you re going into business with partners, you need to know about Joint and Several Liability. This brochure highlights the main issues. Contents.
More informationLEGALLY ENTITLED PPI CLAIM PACK
PPI CLAIM PACK INTERNAL USE ONLY COMPLAINTS HANDLING: OVERVIEW Complaints may be received directly from clients or from third party representatives. In the event of any complaint the matter must be immediately
More informationUK Money Solutions Client Support Guide
UK Money Solutions Client Support Guide Open a new basic bank account. Tell us the bank name, branch address, sort code, account name and number. This type of account can be opened on the day you apply,
More informationFinancing your Home Purchase
Financing your Home Purchase page 1 Disclaimer This booklet is for information purposes only, and must not be relied on as a substitute for legal advice. page 2 Contents How Much Can You Afford? 1 Other
More informationPlease enclose a copy of your loan/credit agreement if available. For credit cards, please enclose a copy of your statement.
Claim Forms Please print, complete and return to: Moneyback PPI Basepoint Business Centre Unit 106 Canada House 272 Field End Rd Eastcote Middlesex HA4 9NA Please enclose a copy of your loan/credit agreement
More informationMis-sold Packaged Bank Accounts
D N MANLEY CLAIMS MANAGEMENT & FINANCIAL SOLUTIONS Mis-sold Packaged Bank Accounts Let's start getting your money back Thank you for requesting your Packaged Bank Account (PBA) claim pack. A PBA is a Bank
More informationTERMS OF BUSINESS AGREEMENT - INSURANCE BROKING
1. BROKER INFORMATION TERMS OF BUSINESS AGREEMENT - INSURANCE BROKING Stephenson s (2000) Ltd T/As Cooke & Mason, Manor House 3 Low Moor Road Lincoln LN6 3JY is an independent Chartered Insurance Broker.
More informationPPI Customer Information Handbook
PPI Customer Information Handbook 1 Contents 1. Welcome - Page 3 2. What Happens Next - Page 4 3. Terms & Conditions - Pages 5-12 4. Complaints Handling Procedure - Page 13 5. Cancellation Procedure -
More informationWindsor Thompson Financial Claims
Windsor Thompson Financial Claims Welcome to Windsor Thompson Financial Claims This application should only take 10 minutes to complete. If the pre-populated information is incorrect, please put a cross
More informationbusiness loans? let s get to work
business loans? let s get to work 2 we hear you Our versatile, award-winning loans have helped australian small and medium SIzed businesses grow. Liberty Financial is a recognised leader in financial services
More informationPayday Loan Claims Pack
Payday Loan Claims Pack YOUR PAYDAY LOAN CLAIMS PACK Thank you for choosing Leslie Charles Solicitors. With an ever-increasing claim portfolio and satisfied customers we can assure you that your claim
More informationThese terms of business (the Terms ) explain the entire rights and obligations of You and Us regarding the provision of our Services.
Investor Compensation (UK) Limited - Terms and Conditions PPI These terms of business (the Terms ) explain the entire rights and obligations of You and Us regarding the provision of our Services. You should
More informationPRIVATE FINANCE. Your Short Cut to Short Term Finance
PRIVATE FINANCE Your Short Cut to Short Term Finance Benefit from our radical approach Signature is a privately owned & funded Principal Lender, backed by internationally recognised Private Equity firm
More informationYou can read more about hardship variations on the Consumer Credit Code website www.creditcode.gov.au/
Debt This chapter has information for people who have a debt, or who are experiencing financial troubles because of the February 2009 Victorian bushfires. It explains your options and rights and where
More informationwww.yourmoneyclaim.co.uk tel: 01254 822880 Fighting Your Corner
www.yourmoneyclaim.co.uk tel: 01254 822880 Fighting Your Corner BILLIONS set aside in compensation for mis-sold PPI & bank accounts Welcome MILLIONS to Your are Money entitled Claim, to compensation The
More informationJOINT AND SEVERAL LIABILITY. Partnership responsibilities
JOINT AND SEVERAL LIABILITY Partnership responsibilities March 2014 Contents Why do I need to know about it? 1 What does Joint and Several Liability mean? 1 How do we open a partnership account? 2 How
More informationAdviceguide Advice that makes a difference
Payment Protection Insurance What is Payment Protection Insurance When you take out a loan, credit or store card, you're often asked to take out an insurance policy at the same time. The policy is meant
More informationThe Help to Buy: equity loan scheme What you need to know before you go ahead
Page 1 of 5 The Help to Buy: equity loan scheme What you need to know before you go ahead What is the Help to Buy: equity loan scheme? The Help to Buy: equity loan scheme is a Government backed programme
More informationPayment Protection Insurance. Agent Training Guide
Payment Protection Insurance Agent Training Guide Introduction Genistar has joined forces with Highbridge to provide expert advice to your clients on their PPI claims. Highbridge is an international legal
More informationInformation in relation to Legal Charges
Information in relation to Legal Charges This leaflet is for solicitors to give to their clients. By law, your solicitor must give you information about your legal charges the money you must pay them for
More informationPayment Protection Insurance (PPI) Refund. FREE complaints guide
Payment Protection Insurance (PPI) Refund FREE complaints guide Thank you for requesting The Claims Connection PPI Complaint Guide. The Claims Connection website is owned and managed by Winston Solicitors
More informationPersonal Debt Solutions (Dealing With Debt) An Essential Guide by Debt Advisory Services (Scotland)
Personal Debt Solutions (Dealing With Debt) An Essential Guide by Debt Advisory Services (Scotland) Why you should read this guide Many people living in Scotland, through no fault of their own, are struggling
More information197 Ecclesall Road, SHEFFIELD S11 8HW METRO FINANCE HELPING YOU GET THE MORTGAGE YOU WANT
www.metrofinance.co.uk Fourth Floor, Wards Exchange, 197 Ecclesall Road, SHEFFIELD S11 8HW METRO FINANCE HELPING YOU GET THE MORTGAGE YOU WANT ON THE FOLLOWING PAGES YOU WILL FIND INFORMATION TO HELP YOU
More informationFinancial Claims Specialists Ltd T/A Finance Claims. Terms and Conditions for the Provision of Services
Financial Claims Specialists Ltd T/A Finance Claims Terms and Conditions for the Provision of Services IMPORTANT: These terms and conditions form part of a legally binding contract and you should read
More informationPost Credit Crisis Funding
Post Credit Crisis Funding By Glenn Hutchinson RBSIF optional client logo 00 MONTH 2004 Post Credit Crisis funding optional client logo/presentation title centre proportionally in this space delete this
More informationRe: Your Mis-selling Claim Against PPI
Online Pack Re: Your Mis-selling Claim Against PPI Thank you for asking Refresh My Credit to handle your Payment Protection Insurance (PPI) complaint. We are committed to helping you achieve what is owed
More informationMoney Management Team Limited Limited Service & Fee Agreement
Money Management Team Limited Limited Service & Fee Agreement These Terms of Business set out the agreement between you and us. Please ensure that you read them all carefully. If you do not understand
More informationClaim Forms Please print, complete and return to:
Claim orms Please print, complete and return to: Moneyback PPI Basepoint Business Centre Canada House 272 ield End Rd Eastcote Middlesex HA4 9NA Please complete a separate Part 2 and Part 3 for each account.
More informationThe Help to Buy Equity Loan Scheme What you need to know before you go ahead
Page 1 of 6 The Help to Buy Equity Loan Scheme What you need to know before you go ahead What is the Help to Buy Equity Loan scheme? The Help to Buy Equity Loan scheme is a Government backed programme
More informationPPI Claim Form. Easy steps to claim back your money. 1. Fill in all the required details and questionnaire.
PPI Claim Form Easy steps to claim back your money. 1. Fill in all the required details and questionnaire. 2. Sign and date the Terms of Service and Letter of Authority where you see the Joint policies
More informationA Professional Approach to Short Term Lending Secured against Land or Property
A Professional Approach to Short Term Lending Secured against Land or Property 2012 Edition A Professional Approach to Short Term Lending Secured against Land or Property Introduction The members of the
More information1. Anyone who wants to understand how FOS assesses a consumer's loss.
The FOS Approach The FOS Approach to responsible lending How we work out a consumer's loss Introduction When a consumer (an individual or small business owner) cannot make their loan repayments, they sometimes
More informationDirect Debit Form & Pre-Contract Credit Information for Household policies. (Standard European Consumer Credit Information)
Direct Debit Form & Pre-Contract Credit Information for Household policies (Standard European Consumer Credit Information) Please fill in the whole form including official use box using a ball point pen
More informationFINANCIAL SUPPORT AVAILABLE TO BUSINESS (AT 8th February 2011)
FINANCIAL SUPPORT AVAILABLE TO BUSINESS (AT 8th February 2011) Enterprise Finance Guarantee BIS 14 January 2009 Guarantees to lenders to enable them to provide debt facilities which would otherwise be
More informationBetter Business Finance
Better Business Finance Alternative sources of finance There are a wide range of financial products now available to help businesses access the investment needed to grow and thrive. This factsheet explains
More informationKey Features of the Immediate Lifetime Care Term Assurance Plan
Key Features of the Immediate Lifetime Care Term Assurance Plan Reference LTCKFDIMMTA 10.14 The Financial Conduct Authority is a financial services regulator. It requires us, Friends Life Limited, to give
More informationBORROWING. A guide to borrowing. Overdrafts, credit cards, loans
BORROWING A guide to borrowing Overdrafts, credit cards, loans Three ways to borrow that can work for you All of us need a little extra help at times. So if you want to borrow money for a new car or kitchen
More informationSHORT TERM LOAN APPLICATION FORM
ACN 150 013 513 Australia s Fastest National Caveat Loan Lender Tel: (03) 9017 6611 Fax: (03) 8648 6328 Email: apply@homesec.com.au Web: www.homesec.com.au SHORT TERM LOAN APPLICATION FORM BORROWERS COMPANY
More informationCommercial Terms of Business Agreement
Commercial Terms of Business Agreement The purpose of this document is to set out our professional relationship and the services we will provide to you. This is our standard client agreement upon which
More informationLOANS THAT ARE CLEAR AND SIMPLE.
CLARITY LOAN LOANS THAT ARE CLEAR AND SIMPLE. So the only surprises you get are nice ones. TALK TO US TODAY A Halifax Clarity Loan could be the answer to making some home improvements, replacing your car
More informationMortgagee sales. What is a mortgagee sale? What should I do if I m in financial difficulty? 15 Mar 2012
15 Mar 2012 are among the most stressful of situations facing people who ask for our help. It is possible to stop to a sale right up to the last minute but usually only if you can find the necessary money
More informationMortgage and Equity Release Client Agreement
Mortgage and Equity Release Client Agreement Client name Date of issue CONTENTS Client agreement 1 This details the terms and conditions under which we will conduct business with you. Keyfacts about our
More informationLove and loans. Connie agreed to guarantee a business loan for her son. How does being a guarantor work? How does being a co-borrower work?
Factsheet August 2011 Has a family member or friend ever asked you to be a co-borrower or to guarantee a loan for them? Before you agree to be a guarantor or co-borrower on a loan, think carefully you
More informationPlease enclose a copy of your loan/credit agreement if available. For credit cards, please enclose a copy of your statement.
Claim Forms Please print, complete and return to: Moneyback PPI Basepoint Business Centre Unit 106 Canada House 272 Field End Rd Eastcote Middlesex HA4 9NA Please enclose a copy of your loan/credit agreement
More informationINTRODUCTION TO LUKER ROWE & TERMS OF BUSINESS FINANCIAL SERVICES
Luker Rowe Independent Financial Advisers Century House, London Road Amersham, Buckinghamshire, HP7 0TU Tel: 01494 733337; Fax: 01494 733366; Email: admin@lukerrowe.com Welcome to Luker Rowe and our Terms
More informationAdequate Explanations
Adequate Explanations CCTA PLA 10.14 H&T Pawnbrokers are required by law to provide you with the following information in order for you to decide if the loan is suitable for your needs and to highlight
More informationYour account will be transferred to our Collections department if you fail to make the repayments due under this agreement.
Your Loan Account Number 000000000 FIXED SUM LOAN AGREEMENT REGULATED BY THE CONSUMER CREDIT ACT 1974 These are the terms of an agreement between Us, Bank of Scotland plc of Personal Loans Service Centre,
More informationPayment Protection Insurance Consumer Questionnaire
Payment Protection Insurance Consumer Questionnaire WHAT IS THIS QUESTIONNAIRE FOR? This questionnaire is for consumers to register a complaint about the sale of payment protection insurance. The questionnaire
More informationTerms of Business. Regulated Activities Our principal business is mortgage lending and this activity is regulated by the Central Bank of Ireland.
Terms of Business Provided in accordance with the Consumer Protection Code 2012 issued by the Central Bank of Ireland and can be found on the Central Bank s website www.centralbank.ie About Us Our legal
More informationpayment protection insurance: consumer questionnaire
our ref: payment protection insurance: consumer questionnaire WHAT IS THIS QUESTIONNAIRE FOR? This questionnaire is for consumers to bring a complaint about the sale of payment protection insurance (PPI).
More informationPrinciples for the Reporting of Arrears, Arrangements and Defaults at Credit Reference Agencies
Principles for the Reporting of Arrears, Arrangements and Defaults at Credit Reference Agencies Foreword by the Information Commissioner s Office The Information Commissioner s Office (ICO) published Data
More informationA guide to the business services offered by: Also Trading As Really Useful Brokers Really Useful Factoring. 1 P a g e
A guide to the business services offered by: Also Trading As Really Useful Brokers Really Useful Factoring 1 P a g e Contents Useful business contacts Business & Strategic Planning is not just for big
More informationFurther to our recent conversation, I am pleased to enclose our application forms for your perusal.
Mis-Sold PPI Insurance Complaint Customer Ref: Clients Name(s): Account Number: Dear Further to our recent conversation, I am pleased to enclose our application forms for your perusal. I would like to
More informationLOANS ACT. Section 2-Authenticating of Agreements, Securities, Etc. Section 3-Authority to raise External Loans.
LOANS ACT 1970 (ACT 335) Section 1-Raising of Loans in Ghana. (1) The Government may, subject to the provisions of this Act raise within Ghana whether on behalf of itself or any other public institution
More informationUnfair Credit Agreement Promo Application Pack
Unfair Credit Agreement Promo Application Pack Contents: Page: Cover Page 1 Understanding Claims Management 2 Understanding The Claims Process 3 The Claims Process Work Flow 4 Complaints Handling Procedure
More informationCan t pay your debts?
Factsheet November 2011 Are your debts getting out of control? Maybe you re struggling to make ends meet because of unemployment, ill health, economic conditions or a relationship breakdown. Perhaps this
More informationRemortgaging it may be your best decision
Remortgage Guide Remortgaging it may be your best decision Why do I need to consider a remortgage? For most homeowners, a mortgage is probably your largest financial commitment so it s essential to ensure
More informationYour Options. A simple guide to available debt options
Your Options A simple guide to available debt options Contents Welcome 3 Our Customer Service Charter 3 Protected Trust Deeds 4 Debt Arrangement Scheme 6 Sequestration 8 Debt Management Plan 10 Minimal
More informationOur agreement with you
Our agreement with you Virgin Credit Card Terms CREDIT CARD AGREEMENT REGULATED BY THE CONSUMER CREDIT ACT 1974 You can ask us for a copy of this agreement at any time. 1. Who provides the credit card?
More informationPERSONAL GUARANTEE INSURANCE FAQ S
PERSONAL GUARANTEE INSURANCE FAQ S 1. What is a Personal Guarantee? When business owners or directors of small to medium enterprises (SMEs) secure a loan, invoice financing or overdraft from banks and
More informationFurther information about your mortgage
Do you need extra help? We want to help our customers in any way we can. If you have a hearing or speech impairment you can use Text Relay (previously Typetalk) or Textphone on 08457 32 34 36 (lines are
More informationUnfair Credit Agreement & Mis-sold Payment Protection Insurance Claim Pack
Unfair Credit Agreement & Mis-sold Payment Protection Insurance Claim Pack Contents: Client Disclaimer & Audit Confirmation About You Loan & Credit Card Questionnaire: fill out one form for each credit
More informationDeferred payment agreements April 2015
Deferred payment agreements April 2015 This leaflet explains how a deferred payment agreement may help you when you move to a care home What is a deferred payment? A deferred payment is when the council
More informationIT S LIFETIME LOAN A SIGN OF THE TIMES AUSTRALIAN SENIORS FINANCE. The Home Equity Release Specialist
IT S A SIGN OF THE TIMES LIFETIME LOAN AUSTRALIAN SENIORS FINANCE The Home Equity Release Specialist UNLOCK THE IN YOUR EQUITY HOME If you want the financial freedom to spend your retirement how you choose,
More information