Irresponsible Lending Claims

Everyone struggles from time to time. When money is tight, a loan can seemingly take away the stress of making ends meet, however most loans come with big interest charges attached and sometimes the monthly repayment charges can exceed the money coming in, so in no time at all, you are in even more debt!

Irresponsible lending has been the focus of much media attention recently and for very good reasons. The scale of this problem has meant that the Office of Fair Trading (OFT) has undertaken a full-scale enquiry into bad lending. The results of this enquiry are due to be released in the very near future.

Help is available

Lenders have a responsibility to give you proper advice when you’re looking for a loan. If a lender has not acted responsibly in your case, our mission is to recoup your losses and put you back in the financial position you would have be in, had the correct advice been given.

We tackle all sorts of irresponsible lending issues, including: 

• High pressure selling that encourages you to borrow more than you need
• Lenders who don’t consider your ability to repay
• Lenders who insist you take out a loan to repay your overdraft, credit card, bank charges, or to consolidate an existing loan
• Mortgages in excess of 100% of your house value or self-certification mortgages
• Lenders who increase your overdraft or credit card limit without your permission

How it works

The good news is that it’s simple to get your claim going. Every case is different and as we offer a bespoke claims service, we are interested in your story.

These are the kinds of results from which our clients benefit: 

• All or part of the outstanding balance cleared
• Overdraft and current account charges refunded
• Interest refunded
• Outstanding debts reduced to help regain financial stability

Our commitment

EMCAS is committed to winning your case. Irresponsible lending can be damaging for individuals and it’s damaging for the national economy too.

Free assessment

Just get in touch to talk to one of our advisors and take a free assessment to see if we can help you.