Cash uroNet British payday loan provider faces complaints bill for millions

Cash uroNet British payday loan provider faces complaints bill for millions

Payday loan provider attracts more complaints that are annual ombudsman than Wonga

QuickQuidand its sis company Pounds to Pocket are owned by CashEuroNet British. Photograph: Alamy

QuickQuidand its sibling company Pounds to Pocket are owned by CashEuroNet British. Photograph: Alamy

Final modified on Wed 12 Sep 2018 06.15 BST

The business behind the payday lenders QuickQuid and Pounds to Pocket faces a possible multimillion-pound bill after customer complaints against it nearly quadrupled in per year.

CashEuroNet UK, which will be owned by way of a united states business, has grown to become certainly one of Britain’s many complained-about financial companies, attracting 4,692 complaints towards the Financial Ombudsman provider throughout the very very very very very very very first 6 months of 2018. Continue reading