Reclaim payday & other short-term bad credit loans:
Get £100s or £1,000s back for mis-selling without using a claims firm
Have you had success reclaiming from a mis-sold payday loan?

MSE_Laura_F
Community Admin Posts: 1,549
Community Admin

in Loans
In 2018 MSE published the guide:
Have you managed to make a successful claim against a payday loan company? I'd like to hear your stories.
Have you managed to make a successful claim against a payday loan company? I'd like to hear your stories.
0
Comments
-
I've won my claim against:
QuickQuid - complaint not upheld by QQ, but was upheld by the FOS in 2019. Still awaiting payment following their administration, which should be this month.
Lending Stream - sent a complaint via their website on the 5th of April 2022. Upheld and refund in the bank the following week.
Satsuma - sent a claim to their administrators which was upheld. Probably take a while for payment but this is only a tiny amount.
Fernovo - was partially upheld. Received a small refund and credit information removed.
Currently awaiting responses from Cash4uNow, Mr Lender and ShopDirect (Very).
I was in a really bad financial situation a few years ago, hence the claims. I know ultimately it was my fault taking out all of this credit.1 -
Hello @samuel22, I'm pleased for you that were able to get some money back. Please update us when you get responses from the rest.0
-
Hi there, I’ve just received the final reply from Fernovo as well. A very small refund, approx 10% of the interest that I’ve paid but seems that they only do small refund?1
Categories
- All Categories
- 340.1K Banking & Borrowing
- 249.1K Reduce Debt & Boost Income
- 448.3K Spending & Discounts
- 231.9K Work, Benefits & Business
- 603.1K Mortgages, Homes & Bills
- 171.6K Life & Family
- 245.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 15.8K Discuss & Feedback
- 15.1K Coronavirus Support Boards