Can I claim compensation from QuickQuid?

How can I claim compensation? People who were sold unaffordable loans were able to claim compensation from QuickQuid and its sister brands. They needed to prove that they couldn’t afford to take out the loan at the time that they borrowed it.

How do I contact QuickQuid?

Customer Support

Phone: 0800 056 1515
Email: [email protected]
Hours: Monday – Friday: 08:00 to 16:30 Saturday: CLOSED Sunday: CLOSED
Address: QuickQuid PO Box 74347 London EC1P 1YZ

Who owns QuickQuid?

Cash America International
CashEuroNet UK, LLC/Parent organizations

Are QuickQuid still trading?

Britain’s biggest payday lender QuickQuid has shut its doors, leaving customers facing uncertainty and a large number of compensation claims up in the air.

How do I claim my provident refund?

To make a claim for compensation you’ll need to write a letter of complaint to the Provident. You’ll need to explain how you were irresponsibly lent to and include the evidence. You can find a template from Debt Camel here. Wait up to eight weeks to hear back from them.

Can I claim money back from Provident?

If you have a Provident loan when you shouldn’t have been approved, you might be able to get a refund on the full loan amount and the interest you paid. You can get a refund on the full amount, interest and charges as long as the loan is still active or if you repaid the loan in the last six years.

When did QuickQuid go into administration?

25 October 2019
QuickQuid went into administration in October 2019 CashEuroNet (CEU), which owns the QuickQuid, Pounds To Pocket and On Stride brands, stopped giving loans and went into administration on 25 October 2019.

Are Lending Stream still lending?

If you’re in need of extra cash and you were planning to take out a loan with Pounds to Pocket, you may be unsure what to do now that they are no longer lending. But Lending Stream is open for business, so you can apply for a six-month loan right now.

When did QuickQuid gone into administration?

Is cash float a direct lender?

As a direct lender, we can offer loans direct to people looking for a fast decision, even if they have a poor credit score. Our bad credit payday loans can be repaid early to save money and there is no early repayment fee. Cashfloat.

Can you claim money back from Provident?

If you found yourself unable to pay back the loan you took with Provident, you may be eligible for a Provident refund claim– and the Reclaim Experts can help you receive what you are owed.

What happens if my loan company goes bust?

Yes, if your mortgage lender goes bankrupt, you do still need to pay your mortgage obligation. If your mortgage lender goes under, the company will normally sell all existing mortgages to other lenders. In most cases, the terms of your mortgage agreement will not change.

What happens to QuickQuid customers who have already made claims?

Some QuickQuid customers who had already made claims must now wait to see how much they will receive in compensation. Administrators Grant Thornton said that compensation for successful claims would be “considerably smaller” than would have been the case before QuickQuid’s collapse.

Are You entitled to compensation from QuickQuid for loan losses?

If QuickQuid sold you a loan you couldn’t afford at the time of borrowing, or if having the loan meant that you couldn’t pay your bills or other debts then, according to FCA rules you were irresponsibly lent to, and so you could be entitled to compensation.

What is quickquickquid’s payday loan refund policy?

QuickQuid should refund all the interest you paid from your third loan onwards. This is because payday loans are meant for short term problems and the lender should not have continued giving you loans. You may be able to claim from your first or second loan sometimes if these were rolled, topped-up or were very large.

How do I contact QuickQuid customer support?

Those affected are also being invited to call customer support on 0800 056 1515 if the loan is with QuickQuid or 0800 210 0923 if the loan is with On Stride, but are being warned that lines are expected to be busy. QuickQuid was bigger than household name Wonga even before the latter folded in August last year.