Claim compensation from your Payday Lender
Have you ever had a payday loan and felt it was unaffordable? We can assist you in finding out whether you can reclaim back interest and charges on your loans plus 8% statutory interest. It’s very simple. If your Lender continuously rolled your loan over from month to month, with or without asking you permission, then unless they completed a full affordability check to see if the loan was right for you, they may have mis-sold that loan to you in those following months.
Whether your lender only rolled your loan over for one month or for twenty months, they are required to complete a proper affordability check each time to assess that the loan is right for you and that you can afford it (as per the FCA’s guidelines on responsible lending).
Whilst useful, no paperwork is required to get started. In most instances, all we need is the name of your lenders and we can request all of your account information directly from them.
It’s easy to apply, just call 0161 914 5620, or CLICK BELOW to complete the online form and one of our friendly advisors will contact you to assist you with your potential claim.
You can always make a claim to your lender yourself and make use of the Financial Ombudsman Service if dissatisfied, at no charge. If you choose to use Blue Panda Finance, the fees for our Irresponsible Lending/Payday Loan Claims is subject to the FCA fee cap. This means that the higher the amount of compensation we win for you, the lower our fees. This ranges from 15%+VAT to 30%+VAT and the full fee structure can be found here.
Our service is 100% No-Win, No-Fee and should you stay with us until the end of the claim, and your claim is unsuccessful, there will not be a penny to pay. If you cancel after the 14-day cooling off period, a fee of £150+VAT will be payable for each claim you cancel.