Loan and Credit Solutions Limited

A company purporting to be Loan and Credit Solutions Limited is offering loans in return for substantial advance fees and is failing to provide the promised loans.

Once an initial advance payment has been made, consumers are asked for further payments before the loan can be released. The company purporting to be Loan and Credit Solutions Limited explain that these charges are required as a result of the consumers’ poor credit history, to cover payment protection insurance, bank charges, and British Credit Council fees. These fees range between £60 and £250 and some consumers have made several payments totalling £2,000 to £3,000.

We are not aware of any loans being provided.

The address provided by the company purporting to be Loan and Credit Solutions Limited address is 2nd Floor, 145-157 St John Street[s], London, EC1V 4PY.

Telephone numbers most commonly used by the company purporting to be Loan and Credit Solutions Limited: 0203-290-7135, 0203-290-6710, 0161-818-2552.

Email addresses used by the company purporting to be Loan and Credit Solutions Limited: [email protected], [email protected]

The real Loan and Credit Solutions Limited was based at the address above, however it has never traded under this name and is currently seeking to be wound up. The real Loan and Credit Solutions Limited does not have an active email address and/or telephone number.

We do not authorise Loan and Credit Solutions Limited. If you invest with a firm that is not authorised by us, you will not be protected by the Financial Services Compensation Scheme nor will you have access to the Financial Ombudsman Service if anything were to go wrong.

How to protect yourself

We strongly advise you to only deal with consumer credit firms that are authorised by us, and check the Financial Services Register and Consumer Credit Interim Permission register to ensure they are. These registers have information on firms and individuals that are, or have been, regulated by us.

If a firm does not appear on the Register but claims it does, contact our Consumer Helpline on 0800 111 6768.

There are more steps you should take to protect yourself from unauthorised firms.

You should also be aware that if you give money to an unauthorised firm, you will not be covered by the Financial Ombudsman Service or Financial Services Compensation Scheme (FSCS) if things go wrong.

Report an unauthorised firm

If you think you have been approached by an unauthorised firm or contacted about a scam, you should contact our Consumer Helpline on 0800 111 6768. 

You can see more ways to report an unauthorised firm and find out what to do if you have been scammed.