You get the full amount back if you were mis sold a pay day loan by a firm that is still solvent.

You get the full amount back if you were mis sold a pay day loan by a firm that is still solvent.

Mis sold Wonga clients have now been legitimately robbed. A week ago, over 350,000 previous Wonga customers, who have been mis sold pay day loans, heard they are going to be given a paltry 4.3% of whatever they had been owed following the company went into administration. This needs to be a wake up call for anyone who may have been mis sold a payday loan DON’T WAIT to check if you’re due ВЈ100s or 1,000s, or it could be too late so according to our Money Saving Expert Martin Lewis!

Is there any such thing those Wonga that is due money do about receiving so little?

Wonga customers who had been granted payouts having been mis offered their loans, are just getting 4.3p per ВЈ100 owed. Therefore, some body due ВЈ2,000 gets simply ВЈ86. We yet others very very long campaigned for cash advance regulation, nevertheless when it arrived in 2015, that has been far too late. These vultures had preyed on and profited through the susceptible with impunity for a long time. Whenever legislation finally arrived, allowing visitors to reclaim, a few of these international companies declared their British hands breasts, so they really were not liable, often making the founders sitting on cushions of cash run on usurious profits. (daha&helliip;)

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