The Money Shop! Confused...

peteuk

As many will be aware The Money shop went into receivership and has been trying to sort things out over 2020.   I have received a email and an attached letter which states my redress is for 5 loans and in total is potentially £836.66.  Obviously I am not daft and the chances of seeing half that amount is slim.  But as the letter states I should log on, up date my bank details and accept or reject the offer. 
So I log on, the portal says its 22 loans (I know I didnt take that many out) and is potentially worth £1324.43.  Again I doubt I will get half in not a quarter of that.

But is there anyone else with such a big difference in their claims?

MovingForwards

It's across all the sister companies too, or did you only ever use the one brand of PDL company.

sourcrates

Actual redress will be in the region of 4%, as per the Wonga payout, don`t expect anywhere near what the actual figure would have been prior to administration.