If you have taken out a loan with Provident, Morses Club or Shopacheck in the last 10 years then you may be entitled to a refund claim.
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.
Which lenders have been doing this?
The experienced financial consumer lawyers at TLW Solicitors are dealing with loan refund claims against the following lenders:
What can I claim a refund for?
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:
- A refund for all the interest you paid on the loans.
- Claim all loan fees and charges.
- Interest to compensate you on the amounts above.
- You can also ask for the removal of any negative information on your credit records.
You may still be able to claim even if you have paid the loan repayments over many years.
No-win, no-fee, hassle-free solicitors
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.
Contact TLW Solicitors about your loan refund claim
If you are worried about your, a friend or loved one’s Provident or Morses Club/Shopacheck loan, get in touch with TLW Solicitors for a free, no-obligation discussion by calling 0800 169 5925, emailing email@example.com, or complete the call back form below.
Strict time limits apply and so anyone wishing to bring a claim should do so without delay.
For added TLC, think TLW Solicitors.