Many borrowers can claim compensation if the lender let them take out lots of loans, one after another, without making proper checks to see that the loan was affordable.
Taking out many loans over a prolonged period may indicate the borrower is not coping with their finances. Lenders are under a duty not to take unfair advantage and exploit this.
Government watchdog, the Financial Conduct Authority (FCA) has rules to protect borrowers. This means lenders should carry out proper checks and not lend if the borrower is struggling to pay day-to-day bills or needs to borrow more to keep up the loan repayments.
The experienced financial consumer lawyers at TLW Solicitors are dealing with loan refund claims against the following lender:
If you were able to take out lots of loans without the lender doing proper checks, then you may be entitled to have the loan stopped and claim for:
You may still be able to claim even if you have paid the loan repayments over many years.
TLW are specialist financial mis-selling solicitors. The team are experts at claiming compensation for those who have taken out unfair Morses Club or Shopacheck loans.
We work on a ‘no-win no-fee’ basis, so you pay us nothing if we do not win your refund claim. We deal with all the documents hassle-free online and can claim even if you no longer have the loan paperwork.
So, you have nothing to lose.
If you are worried about your, a friend or loved one’s Morses Club or Shopacheck loan, get in touch with TLW Solicitors for a free, no-obligation discussion by calling 0800 169 5925, emailing us or completing our call back form to speak to one of our team.
It is important to get advice as soon as possible as strict time limits can apply.
Meet Sarah, who heads up our experienced Unfair Personal Loan Claims team.
Sarah and her colleagues are on hand to help with your claim.
