Buddy Loans Claims & Refunds
If you suspect that you were subjected to a mis-sold loan, you have the option to file a claim for a refund due to irresponsible lending by Buddy Loans. Find out how much you may be owed and start your claim today!
If you've had or currently hold a guarantor loan, including those provided by Buddy Loans, you may be entitled to compensation if the loan or any subsequent ones were mis-sold. The Financial Conduct Authority (FCA) conducted a review of the selling practices of the firm, leading to an increase in complaints from both borrowers and guarantors.
​
Citizens Advice reported that over 3,000 individuals sought help with guarantor debt, with the market being a focus of a Panorama documentary, shedding light on the rise of high-cost credit in the UK. According to the latest figures, The Financial Ombudsman upheld 61% of complaints against Buddy Loans' owner, Advancis Limited.
​
If you believe you've been a victim of mis-selling in a guarantor loan from Buddy Loans, take action today. We can help you navigate the process of filing a claim for compensation.