Kwik Car Credit Limited
Declared in default22 September 2011FRN 314777
What this means for you
Because Kwik Car Credit Limited has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.
Background
Kwik Car Credit Limited (FRN 314777) was declared in default by the Financial Services Compensation Scheme on 22 September 2011. The firm's specific product offerings cannot be determined from available data, limiting clarity on the scope of its regulated activities. Former customers may be entitled to FSCS compensation of up to £85,000 for eligible claims, subject to the product category involved and standard FSCS terms.
Products this firm wrote
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How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.