Were you stuck in the payday loan trap, unable to clear what was owed each month? Forced to "roll" the loan over and pay only the interest, or were you forced to take out payday loans from multiple lenders to survive?Start your claim
Some lenders encouraged their customers to roll over, or extend the loan, or top the loan amount up. or simply ignored it if you were clearly in a cycle of debt. They wanted and needed you to keep paying interest. They did not mind that you had multiple loans with different lenders, even though this is a clear indicator that you were in financial difficulty.
We are here to help you and we know what we are talking about! We consider compensation claims for loans from 2007 and if we feel you have a valid claim we will make the formal complaint to the lenders on your behalf.
We will need some information from you in order to be able to put a strong case together, and you could make the claim directly yourself, but if you want to use us we will do our best to make the whole process as painless and simple as possible.
We offer a genuine No Win No Fee service. If you don’t win, you don’t pay us anything. Our fee when we win is simply 30% of the amount the lender offers. You can cancel right up to the point of an offer being made - no questions asked.
If you have EVER had a payday loan and could not afford to make the full payment due, did you roll it over? Or did you take out another loan immediately after paying off a loan? Just having to pay the interest may have seemed like a lifesaver at the time, but you still owed the capital and next month you had the same problem. After several months the actual cost of the loan would have grown and grown.