top of page

Overdraft Claims & Refunds

If you were provided with an overdraft that stretched beyond your financial means, or if you find yourself facing financial hardship, you may be eligible to reclaim the interest and fees that were imposed upon you.

In the UK, millions of individuals have access to overdraft facilities, yet many fail to assess whether an overdraft aligns with their needs or question the lender's responsibility in providing it.

 

Overdrafts are intended for short-term credit use, with lenders expected to ensure borrowers can repay within a reasonable timeframe while managing other living costs and loan commitments. However, the Financial Conduct Authority (FCA) found that numerous consumers use arranged overdrafts regularly for extended periods, resulting in prolonged charges.

 

If it's evident that an overdraft is consistently utilized over an extended duration, a lender should not persist in charging for the facility or expanding the limit. If you believe you were granted an overdraft or any other loan when you couldn't afford it, we may assist you in reclaiming the funds.

 

Take prompt action, considering statutory deadlines (limitation periods) governing mis-selling claims. Initiate your claim today, and let our professionals guide you through the process.

Follow us on social media to learn more 
  • Instagram
  • Facebook

You have the choice to pursue your claim without the assistance of a Claims Management Company. You can approach the Financial Advisory firm directly and at no cost. Should your complaint not be resolved, you have the right to escalate it to the Financial Ombudsman Service (FOS). In the event the Financial Advisory firm is no longer trading, you can seek redress via The Financial Services Compensation Scheme (FSCS).​

Car Claims is a trading style of Hemmings Howe Associates Limited.

This site is owned and operated by Hemmings Howe Associates Limited, which is a company Registered in England. Registered Office: Jactin House, Hood Street, Ancoats, United Kingdom, M46WX, England. Registered with the FCA number: 838449

Authorized and regulated by the Financial Conduct Authority  (see the FCA register at www.fca.org.uk/register/ reference: 838449)

​

Hemmings Howe Associates Limited is registered with the Information Commissioner (ICO) Registration: ZB357457

bottom of page