Have you taken out loans with Morses Club or Shopacheck in the last 10 years?
You may be entitled to a refund claim.
Many borrowers may be entitled to compensation if Morses Club or Shopacheck allowed them to take out lots of loans, one after another, without carying out suitable checks to see that the loans were affordable.
Often when people have taken out Morses Club and Shopacheck loans regularly, it is a sign that they are struggling with their finances and lenders are under a duty not to take unfair advantage of this.
Shopacheck merged with Morses Club a few years ago, and now operate under the name Morses Club PLC.
To protect consumers, Government watchdog, the Financial Conduct Authority (FCA) has rules which mean lenders should not lend if the borrower cannot pay day-to-day bills or needs to borrow more to keep up the loan repayments.
What can I claim a refund for?
If Morses Club/Shopacheck let you take out lots of loans without 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 any negative information on your credit records to be removed.
Even if you have paid the loan repayments over many years, you may still be able to claim.
No-win, no-fee solicitors
TLW are financial mis-selling solicitors, who are experts at claiming compensation for those who have taken out unfairly provided personal Morses Club/Shopacheck loans.
We act on a ‘no-win no-fee’ basis and you pay us nothing if your claim is unsuccessful. 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.
What about arrears, can I still claim?
Even if you are in arrears, you may still be able to claim. Sometimes for reasons outside your control, you may be struggling with your repayments and have fallen into arrears. Under FCA rules, where there is an ongoing claim against a lender, then the lender must not keep asking for payment without providing clear justification or evidence as to why the claim is invalid.
Where possible you should always continue to make your contractual payments to the lender as missing them could affect your credit rating.
TLW Solicitors can help you get a Morses Club/Shopacheck loans refund.
If you are worried about your, a friend or loved one’s Morses Club/Shopacheck personal loan, please get in touch with TLW Solicitors for a free, no-obligation discussion by calling 0800 169 5925, emailing firstname.lastname@example.org, 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.