What happened to Inspired Loans Ltd
Companies House records show that Inspired Loans Ltd entered creditors’ voluntary liquidation in November 2021.
When a financial advice firm enters liquidation, it usually means the firm cannot meet claims made against it. In these situations, customers who suffered losses may be able to seek compensation through the Financial Services Compensation Scheme instead.
Inspired Loans Ltd was later declared in default by the Financial Services Compensation Scheme on 17 March 2026 for investment related claims. This means the Financial Services Compensation Scheme has confirmed that the firm is unable to meet claims itself and eligible customers may now be able to pursue compensation through the scheme.
Key Facts About Inspired Loans Ltd
– Inspired Loans Ltd traded as Compare & Protect, Inspired Mortgages and Inspired Lending
– FCA reference number 705077
– The company entered liquidation
– The firm was declared in default by the Financial Services Compensation Scheme on 17 March 2026
– The Financial Services Compensation Scheme lists the claim type as Investments
– Eligible customers may be able to claim compensation through the Financial Services Compensation Scheme
Why you may be entitled to compensation
You may be entitled to compensation if you received advice from Inspired Loans Ltd and suffered financial losses as a result of unsuitable advice.
You may have a claim if:
– You were advised to invest and the investment lost value
– You were advised to invest in high risk or illiquid investments
– The risks were not properly explained to you
– The investment was unsuitable for your circumstances
– You were advised to invest when the investment was not appropriate for your needs
– The adviser firm has since gone into liquidation
– You would not have invested if the risks had been properly explained
Financial Services Compensation Scheme (FSCS)
If the firm that advised you has entered liquidation or is no longer trading, you may be able to claim compensation through the Financial Services Compensation Scheme.
The Financial Services Compensation Scheme is a government-backed scheme that compensates consumers when authorised financial firms have failed and cannot pay claims against them.
Inspired Loans Ltd has been declared in default by the Financial Services Compensation Scheme for investment claims, which means eligible customers may now be able to seek compensation through the scheme.
The amount of compensation available will depend on the type of advice given and the losses suffered.
No Win No Fee Investment Claims
We handle many financial advice and investment claims on a No Win No Fee basis.
This means:
- If your claim is unsuccessful, you do not pay our fees
- If your claim is successful, our fee is taken as a percentage of the compensation recovered
- We will assess your case before proceeding
- We will explain the process clearly before any agreement is signed
Frequently Asked Questions
Can I claim compensation from Inspired Loans Ltd?
If you received investment advice from Inspired Loans Ltd and your investment lost value, you may be able to claim compensation through the Financial Services Compensation Scheme.
What if Inspired Loans Ltd is no longer trading?
You may still be able to claim compensation if the firm has been declared in default by the Financial Services Compensation Scheme.
How long do claims take?
Claims can take several months depending on the complexity of the case and the information required.
How much compensation can I receive?
This depends on the size of your investment and the losses suffered.
Next Steps
If you believe you may have been affected by Inspired Loans Ltd, Compare & Protect, Inspired Mortgages or Inspired Lending, you may be entitled to compensation.
Call us today for a free phone or video consultation on 0800 041 8359 to discuss whether you may have a claim and what the next steps are.
