1st April 2023 – 30th September 2023

Every six months, we have to submit the following data to the Financial Conduct Authority. It includes a rundown of how many complaints we received and how quickly we resolved them. It also sets us against our competitors for comparison.

Firm name: Chetwood Financial
Brands/trading names covered: SmartSave, LiveLend, BetterBorrow & Wave

Product/service groupingProvision (at reporting period end date)Intermediation (within the reporting period)Number of complaints openedNumber of complaints closedPercentage closed within 3 daysPercentage closed >3 days and within 8 weeksPercentage upheldMain cause of complaints
Banking and credit cards2.50 per 1000 accountsN/A2272250.44%99.56%31.11%Information, sums/charge or product performance
Credit relatedN/AN/A281273N/AN/A20.51%N/A
Product/service groupingBanking and credit cards
Provision (at reporting period end date)2.50 per 1000 accounts
Intermediation (within the reporting period)N/A
Number of complaints opened227
Number of complaints closed225
Percentage closed within 3 days0.44%
Percentage closed >3 days and within 8 weeks99.56%
Percentage upheld31.11%
Main cause of complaintsInformation, sums/charge or product performance
Product/service groupingCredit related
Provision (at reporting period end date)N/A
Intermediation (within the reporting period)N/A
Number of complaints opened281
Number of complaints closed273
Percentage closed within 3 daysN/A
Percentage closed >3 days and within 8 weeksN/A
Percentage upheld20.51%
Main cause of complaintsN/A