George Banco Claims & Refunds
If you suspect that you were subject to a mis-sold loan, you may have the opportunity to claim a refund for irresponsible lending against George Banco. Discover how much you may be owed and start your claim today!
If you believe you were subject to a mis-sold loan, you may have grounds to claim a refund for irresponsible lending against George Banco. Renowned for its quick loan application process, immediate decisions, and same-day payouts, George Banco operates exclusively online.
Initially recognized as a guarantor loan lender, George Banco was acquired by Non-Standard Finance PLC for £53.5m on August 17, 2017. Despite its speedy offering of loans from £1,000 to £15,000 over 1-5 years, concerns have arisen regarding whether George Banco conducted the necessary affordability checks mandated by the Financial Conduct Authority (FCA) for the entire Guarantor Loan Market in Britain, which has recently faced scrutiny.
Citizens Advice reported that over 3,000 individuals sought help with guarantor debt, and a Panorama documentary spotlighted the rise of high-cost credit in the UK. According to the latest figures, The Financial Ombudsman upheld 51% of complaints against George Banco Limited.
If you suspect you've had a mis-sold loan from George Banco, take action today. We can assist you in initiating a claim for compensation.