Raedex Consortium Ltd, trading as Wheels4Sure, Rent2OwnCars — FSCS Claims & Compensation (FRN 668924)
Raedex Consortium Ltd, trading as Wheels4Sure, Rent2OwnCars (FRN 668924) was failed and declared in default by the FSCS on 30 April 2025. If you were advised by Raedex Consortium and lost money, you may be able to claim compensation of up to £85,000 from the FSCS. Eligibility depends on your circumstances — a free check takes under a minute.
Raedex Consortium Ltd, trading as Wheels4Sure, Rent2OwnCars appears on the FSCS failed-firms register. It was failed and declared in default on 30 April 2025, in the Investments category.
Raedex Consortium Ltd, trading as Wheels4Sure, Rent2OwnCars has also been known as, or traded as: Wheels4Sure, Rent2OwnCars. If you dealt with any of those names, the same claim routes may apply.
What this means for you
If Raedex Consortium advised you to invest — for example in a bond, fund, or an unregulated or high-risk product — and that advice was unsuitable, you may have a claim. Where the firm has failed, the FSCS may pay eligible losses up to £85,000 per person.
Your options
- FSCS — where Raedex Consortium has failed, you may claim eligible losses up to £85,000 per person, per firm. You can claim free at fscs.org.uk without using a solicitor.
- A representative — specialist firms can gather the evidence and handle the claim for you, typically on a No Win, No Fee basis.
- Check your time limit — deadlines vary by route. See our guide to time limits for mis-selling claims, and how compensation is calculated.
Were you a client of Raedex Consortium?
Start a free, no-obligation check — we'll tell you whether you may have a claim, usually within 24 hours.
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Is Raedex Consortium Ltd, trading as Wheels4Sure, Rent2OwnCars still trading?
Raedex Consortium Ltd, trading as Wheels4Sure, Rent2OwnCars (FRN 668924) appears on the FSCS failed-firms register and was failed and declared in default on 30 April 2025. You should always check the current position on the FCA Register and the FSCS website.
How do I claim against Raedex Consortium?
You can claim directly and free of charge through the FSCS at fscs.org.uk, or instruct a representative to handle it for you. Either way, a free initial check can confirm whether you may be eligible.
How much could I claim for Raedex Consortium?
Where eligible, the FSCS pays up to £85,000 per person, per failed firm. The actual amount depends on your assessed loss and your individual circumstances.
This page is for information only and is not affiliated with the FSCS. You can complain to the Financial Ombudsman Service or claim from the FSCS for free without using a solicitor. Compensation depends on your individual circumstances. This website does not constitute legal advice.