Tuesday, 20 December 2011

Business Loan Compensation

Mis-sold business loans claims can be made if you were encouraged to take out a loan that was not suitable and the adviser was acting irresponsibly or improperly.
Like all professional financial advisers, those selling business loans must adhere to the various rules and regulations and give honest, expert, impartial advice at all times.
If someone has failed to do this and a customer ends up with a business loan that does not meet their needs, there could be a case for a financial mis-selling claim.
To be successful it must be proven that the adviser behaved irresponsibly or unprofessionally and wilfully gave incorrect or misleading financial advice.
This can be difficult to show, so clear records and acting as soon as possible are important. Taxi accident claims.