PAY DAY LOAN SCANDAL Another Significant Payday Loan Lender In The Brink: Leading Pay Day Loan Claims Company Warns That Wageday Advance Could Be The Next Payday Lender Lining As Much As Write Off Compensation Liability.

Clients of WageDayAdvance whom feel they will have a genuine claim for mis-selling must not postpone.

WARRINGTON, ENGLAND – Allegiant Finance Services, the UK’s payday that is original claims expert business, has today highlighted a filing by Curo Group Holdings Corp, the American parent business of WageDayAdvance. The filing suggests WageDayAdvance has proposed an arrangement towards the UK’s Financial Conduct Authority which will see its liability to clients for cash advance payment limited by simply ВЈ17.9 million, despite it most most most likely facing future claims potentially operating into tens of millions. Claims in Q3 & Q4 of 2018 alone accounted for $7.6 million in accordance with WageDayAdvance’s reports with several claims staying undealt with due to backlogs. This surprise revelation comes soon after WageDayAdvance announced it expanded its client base from 16,500 in 2017 to 23,500 in 2018, with revenue up from $14 to $20 million. Plus »