Why could I receive an Everyday Loans Loan Refund?
Was the loan affordable to you before Everyday Loans granted your application for a loan?
Everyday Loans may have not conducted the correct affordability checks.
Did your loan have excessive charges combined onto it, such as high interest and charges?
The FCA has introduced a price cap to protect borrowers from excessive charges.
Did you tell your lender that the loan was unaffordable but they continued anyway?
The lender should have realised that the loan was unaffordable and not given it to you. This is irresponsible lending.
During your application process, you may have not mentioned all of your debts.
If this didn’t match with your credit record, then Everyday Loans should have ensured to double-check this.
When you applied for the loan, you may have not stated your correct regular income, due to be self-employed or your job history changing during this time, then Everyday Loans should have looked at this and ensured you had a regular, consistent income before giving you a loan.
If any of the above statements describe your experience with Everyday Loans and left you unable to pay the loan, you could be eligible to claim compensation. Start your claim below for professionals to guide you through the process.
For Hassle-Free Refunds
A claims specialist
can do all the hard work so you don't need to!
Making a claim is simple. With just a few details you can start your application.
No Win, No Fee
You are only charged after the claim has been won and you have your refund!
You do not need to use a claims management company to make your complaint to your lender. If your complaint is not successful you can refer it to the Financial Ombudsman Service yourself for free.
Everyday Loans Compensation
Everyday Loans is the market leader in unsecured branch-based lending to non-standard customers with 73 branches open at 30 June 2020.
Like 118 money and Likely Loans, Everyday Loans is a high-cost commercial lender. People often use these to try to consolidate payday loans, but at 99.9% interest rates, these large loans over years trap borrowers into long-term unaffordable debt.
What Information Do I Need to Provide?
We just need is the name of your lender and your personal details including the address that you lived at when registering with them. Once we have these we can obtain details of any loans where a refund may be due.
How much do you charge?
We work on a no win no fee basis. We charge 36% (30% + VAT) on any successful claims of the total refund received from your lender. If you cancel our service without our agreement after 14 days and after we submit your claim you will be liable to pay our full success fee should your claim be successful.
How Do I Submit My Claim?
Simply complete our online application form by clicking on the "Start A Claim" button. This is the first stage of your complaint to the payday lender where you could receive compensation.