Ever Struggled To Repay A Loan? You May Have Been Mis-Sold.
We're an experienced specialist in irresponsiblelending claims.
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The Unaffordable High Cost Loan Claim Specialists
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High cost loans can cause misery when the lender does not undertake proper affordability checks either at the outset of the lending relationship, or when re-lending. This has left many people struggling to survive after making loan payments. Sound familiar? Here at OK Group we’ve been claiming against high cost lenders since 2013 and have a long track record in helping clients claim compensation.
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What counts as financial mis-selling?
Mis-selling means that you were given unsuitable advice, the risks were not explained to you or you were not given the information you needed and ended up with a product that isn’t right for you.
As a non-financial example, say you were looking to buy a new TV. You told the shop assistant that you planned to use smart apps on it, and they recommended a specific model. Then you took it home and found that it didn’t support smart apps.
There’s nothing wrong with the TV itself – it’s not faulty, but it’s not what you needed. The TV was mis-sold to you.
It’s just the same when you’re sold a financial product.
The person who advises you to buy must recommend something suitable for your needs, and explain properly what it can and can’t do. They should make sure you know the risks. If they don’t do this, you might be able to claim compensation.
If you believe you are entitled to make a claim, our experts are able to go through your case carefully to determine whether you may be able to claim.
