The money shop claims form

2020lou

So a good couple of years ago i had a payday off the money shop regularly each month as couldn’t live without renewing some how must of paid back been that long cant remember but a few weeks ago received a letter saying owed money back so signed up to the money shop home portal had nothing to lose now ive received a email saying im entitled to £1646 asking if i accept or appeal when clicking accept its then asking for bank details has anybody else had this letter and accepted  or is all part of a scam and im just being gullible and getting a little excited for nothing 🤦🏻‍♀️🤦🏻‍♀️🤦🏻‍♀️ 

sourcrates

Money shop are currently paying out I believe, if that’s your redress, you must have had a lot of loans as the company are in liquidation, and you will only receive a fraction of what was owed, info here ~

https://www.themoneyshop.com/FAQs

declan199210

2020lou said:

So a good couple of years ago i had a payday off the money shop regularly each month as couldn’t live without renewing some how must of paid back been that long cant remember but a few weeks ago received a letter saying owed money back so signed up to the money shop home portal had nothing to lose now ive received a email saying im entitled to £1646 asking if i accept or appeal when clicking accept its then asking for bank details has anybody else had this letter and accepted  or is all part of a scam and im just being gullible and getting a little excited for nothing 🤦🏻‍♀️🤦🏻‍♀️🤦🏻‍♀️ 

No it’s all correct.

but expect the actual redress to be probably below 10% of that. I also got my email tonight.

you can expect your final redress figure in January and payment next May.

better than kick in the teeth.

i had 8 loans and my redress was about £1400.

ned_nederlander

Just visiting for the same reason, my redress figure is £6750 !!

xlnc99

Dont get to excited lads, i am in the same boat from 2010-2012. Redress amount of £2400. However i am been told they will be paying 4p per pound. So expect nothing.

MovingForwards

And that 4p per £1 may reduce, depending on how many people they have to pay out.

Don't spend the money before receiving it.

xlnc99

It is quite a shame, when i saw the letter for £2400, i was quite excited before i saw the finer details

ned_nederlander

When I submitted the claim I expected to get absolutely nothing so even 1% (£70 in my case) would be warmly received.

What that figure has done for me is highlight just how deep a hole I was and it wasn't even all that long ago.