WageDay move forward: Tiny commission for customers mis-sold payday advance loan

Consumers mis-sold cash loans by a loan provider which later on folded will get not as much as 6% regarding the compensation they truly are due.

WageDay improve went into administration in January just last year, after getting flooded by phrases.

In an incident that mirrors that of Wonga, some 100,000 applicants will receive 5.68percent inside settlement entitlement, administrators say. (more…)

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