In this guide
Mis-sold Overdrafts
Mis-sold Mortgages
Mis-sold Credit | Store Cards
Mis-sold PCP Car Loans
Mis-sold Fraud & Scam Advice
Mis-sold Pensions & Investments
Hidden | Undisclosed Commissions
Mis-sold Pay Day Loans
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Raging Frank
Unaffordable Loans Claims
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By David TurnerThe controversy surrounding the mis-selling of unaffordable loans explained simply and clearly so you can understand if you can make a claim for compensation, refund or other redress.
Published: 12/02/2025 – 11:59 | Updated: 12/02/2025 – 16:10
Motivated by Refunds
⚖️ Take Control: Reclaim What You're Owed from Unaffordable Loans
If you've been handed a loan without proper checks, and the repayments are pushing you into financial strain — you may have a case for compensation. Responsible lending means checking you could afford it, not just approving the loan blindly. If they failed, it’s time to hold them accountable.
🔍 Signs You’ve Been Mis-Sold a Loan
If your loan left you juggling bills, missing essentials, or borrowing more just to keep up — these are red flags. A responsible lender should have assessed your full financial picture, especially if your credit history wasn’t perfect.
Mis-selling happens when a lender doesn’t carry out proper affordability checks. The bigger the loan or the riskier your financial situation, the more thorough they should have been.
📝 Key Points to Include in Your Complaint
- “I’ve attached bank statements that clearly show I couldn’t afford this loan at the time.”
- “The loan was large, and I had a poor credit history. A responsible lender would have asked for more details.”
- “Your agent pressured me through the application process and ignored signs I was struggling.”
- “As my bank, you had full visibility of my financial activity – overdrafts, late payments, gambling – and still approved the loan.”
❗ Note: If your circumstances changed *after* the loan was approved (e.g., job loss or unexpected bills), this may not qualify as mis-selling. The focus is on whether the loan was unaffordable from the start.
🚀 How to Start Your Claim
If you believe the loan was mis-sold, take action. Visit your lender’s website and look for the complaints section — this is where you can submit your case. Include your key arguments and supporting documents.
Lenders have up to 8 weeks to respond. If they reject your claim or ignore you, escalate to the Financial Ombudsman. They’re independent and will review your case fairly. Start your escalation here:
www.financial-ombudsman.org.uk
📂 Can’t Find Your Loan Info?
No worries. Submit a **Data Subject Access Request (DSAR)** to the lender. Include your full name, date of birth, address(es), and any account numbers. By law, they must send you all related data within one month.
⚖️ Take Control: Reclaim What You're Owed from Unaffordable Loans
If you've been handed a loan without proper checks, and the repayments are pushing you into financial strain — you may have a case for compensation. Responsible lending means checking you could afford it, not just approving the loan blindly. If they failed, it’s time to hold them accountable.
🔍 Signs You’ve Been Mis-Sold a Loan
If your loan left you juggling bills, missing essentials, or borrowing more just to keep up — these are red flags. A responsible lender should have assessed your full financial picture, especially if your credit history wasn’t perfect.
Mis-selling happens when a lender doesn’t carry out proper affordability checks. The bigger the loan or the riskier your financial situation, the more thorough they should have been.
📝 Key Points to Include in Your Complaint
- “I’ve attached bank statements that clearly show I couldn’t afford this loan at the time.”
- “The loan was large, and I had a poor credit history. A responsible lender would have asked for more details.”
- “Your agent pressured me through the application process and ignored signs I was struggling.”
- “As my bank, you had full visibility of my financial activity – overdrafts, late payments, gambling – and still approved the loan.”
❗ Note: If your circumstances changed *after* the loan was approved (e.g., job loss or unexpected bills), this may not qualify as mis-selling. The focus is on whether the loan was unaffordable from the start.
🚀 How to Start Your Claim
If you believe the loan was mis-sold, take action. Visit your lender’s website and look for the complaints section — this is where you can submit your case. Include your key arguments and supporting documents.
Lenders have up to 8 weeks to respond. If they reject your claim or ignore you, escalate to the Financial Ombudsman. They’re independent and will review your case fairly. Start your escalation here:
www.financial-ombudsman.org.uk
📂 Can’t Find Your Loan Info?
No worries. Submit a **Data Subject Access Request (DSAR)** to the lender. Include your full name, date of birth, address(es), and any account numbers. By law, they must send you all related data within one month.
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Listen up: how this website & forum rolls
Listen up: how this website & forum rolls
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Know the rules. Own the game.
This site? It’s built for warriors — not whiners. We’re here to arm you with real-world info to help take down financial deals you may have liked. We’ve got over two decades of street-level intel from the claims game and the financial trenches. But hey, we’re not your mum or your money manager — you use our tips at your own risk. You mess it up? That’s on you.
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No, this isn’t financial advice. We’re not FCA-regulated suits. We’re not liable if you jump without checking your parachute. - 🛡️
This is our turf — our views, our words, our battle scars. Take what helps. Leave the rest. - 💰
We don’t earn a penny from this forum. We’re not selling snake oil. Just helping you dodge the traps we’ve seen a hundred times before. - 🔗
We link to other sites when it’s useful — but we don’t babysit their content. Click smart. - ⚠️
This forum’s a free-for-all — anyone can post. Just because it’s here doesn’t mean it’s gospel. Use your head.
Listen up: How this website & forum rolls
Know the rules. Own the game.
This site? It’s built for warriors — not whiners. We’re here to arm you with real-world info to help take down financial deals you may have liked. We’ve got over two decades of street-level intel from the claims game and the financial trenches. But hey, we’re not your mum or your money manager — you use our tips at your own risk. You mess it up? That’s on you.
- No, this isn’t financial advice. We’re not FCA-regulated suits. We’re not liable if you jump without checking your parachute.
- This is our turf — our views, our words, our battle scars. Take what helps. Leave the rest.
- We don’t earn a penny from this forum. We’re not selling snake oil. Just helping you dodge the traps we’ve seen a hundred times before.
- We link to other sites when it’s useful — but we don’t babysit their content. Click smart.
- This forum’s a free-for-all — anyone can post. Just because it’s here doesn’t mean it’s gospel. Use your head.