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  • FIRST POST
    • MSE Naomi
    • By MSE Naomi 3rd Apr 19, 4:08 PM
    • 203Posts
    • 41Thanks
    MSE Naomi
    Mis-sold customers of Wage Day Advance and Juo Loans won't be given full compensation - MSE News
    • #1
    • 3rd Apr 19, 4:08 PM
    Mis-sold customers of Wage Day Advance and Juo Loans won't be given full compensation - MSE News 3rd Apr 19 at 4:08 PM
    Administrators for payday loan providers Wage Day Advance and Juo Loans, which collapsed in February, have admitted that customers who are owed compensation will only receive a "partial payment" for their claims...
    Read the full story:
    'Mis-sold customers of Wage Day Advance and Juo Loans won't be given full compensation'

    Click reply below to discuss. If you havenít already, join the forum to reply.
Page 1
    • Tarambor
    • By Tarambor 3rd Apr 19, 8:41 PM
    • 4,876 Posts
    • 3,806 Thanks
    Tarambor
    • #2
    • 3rd Apr 19, 8:41 PM
    • #2
    • 3rd Apr 19, 8:41 PM
    Yes we know, you keep telling us and we keep telling you that if a company has gone bust and has little to no assets then people aren't going to be getting much if anything at all.

    Getting a little tedious reading these so called revelations.
    • stalkah
    • By stalkah 4th Apr 19, 4:40 PM
    • 221 Posts
    • 171 Thanks
    stalkah
    • #3
    • 4th Apr 19, 4:40 PM
    • #3
    • 4th Apr 19, 4:40 PM
    I've had an email today from KPMG about a redress claim unpaid from Wage day advance, outstanding from many years. It seems like they have all my information, name, address, bank info it links back to KPMG so seems pretty legit. They're just asking me to submit the claim with them.

    Has anyone else had this?
    • Willing2Learn
    • By Willing2Learn 4th Apr 19, 5:14 PM
    • 2,768 Posts
    • 2,334 Thanks
    Willing2Learn
    • #4
    • 4th Apr 19, 5:14 PM
    • #4
    • 4th Apr 19, 5:14 PM
    Yes - See the link below

    https://forums.moneysavingexpert.com/showthread.php?t=5986161
    I work within the voluntary sector, supporting vulnerable people to rebuild their lives.

    I love my job

    • fatbelly
    • By fatbelly 6th Apr 19, 5:32 AM
    • 13,632 Posts
    • 10,710 Thanks
    fatbelly
    • #5
    • 6th Apr 19, 5:32 AM
    • #5
    • 6th Apr 19, 5:32 AM
    Debt Camel article

    https://debtcamel.co.uk/wageday-advance-wda-administration-sale-morses-club/
    • septemberbaby
    • By septemberbaby 15th Apr 19, 12:54 PM
    • 62 Posts
    • 9 Thanks
    septemberbaby
    • #6
    • 15th Apr 19, 12:54 PM
    • #6
    • 15th Apr 19, 12:54 PM
    I also have had an email and it states the amount i am owed also.
    My worry to completing this is that it may affect my mortgage that we have just had approved and are in the proccess of house purchase. Could bringing something like this up affect me
    • zx81
    • By zx81 15th Apr 19, 1:00 PM
    • 21,742 Posts
    • 23,659 Thanks
    zx81
    • #7
    • 15th Apr 19, 1:00 PM
    • #7
    • 15th Apr 19, 1:00 PM
    It affected you when you took out the pay day loan.

    Subsequent redress doesn't get recorded on credit files.
    • septemberbaby
    • By septemberbaby 15th Apr 19, 1:11 PM
    • 62 Posts
    • 9 Thanks
    septemberbaby
    • #8
    • 15th Apr 19, 1:11 PM
    • #8
    • 15th Apr 19, 1:11 PM
    thanks for that.
    my hubby seems to think it would open up a can of worms
    • fatbelly
    • By fatbelly 15th Apr 19, 4:52 PM
    • 13,632 Posts
    • 10,710 Thanks
    fatbelly
    • #9
    • 15th Apr 19, 4:52 PM
    • #9
    • 15th Apr 19, 4:52 PM
    I also have had an email and it states the amount i am owed also.
    My worry to completing this is that it may affect my mortgage that we have just had approved and are in the proccess of house purchase. Could bringing something like this up affect me
    Originally posted by septemberbaby
    my hubby seems to think it would open up a can of worms
    Originally posted by septemberbaby
    There's no downside to it as far as I can see. The more people who decline to engage with the process the bigger payout for those who do!
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