How much is the money shop paying out?
4.3% paid in May & June 2021
A claims page was published and all Claims had to be in by April 9 2020. The Money Shop home page said: We have calculated the final dividend amount and you will be receiving 4.31p per £1. Where you provided us your bank details we will commence making payments from 24 May 2021.
Is the money shop still trading?
The Money Shop, which used to specialise in payday loans but more lately into pawn broking and buying gold, has stopped trading with immediate effect and has launched a mass redundancy programme. ... The company is now trying to find a buyer for its loan books.
What is happening with money shop claims?
All claims are now complete and the Claims Portal is now closed. We are now unable to accept any further claims for Irresponsible Lending. We intend to make a 2nd dividend payment to be distributed in January 2022. The second payment will only be made by bank transfer.
How much are money Shop paying out?
4.3% paid in May & June 2021
A claims page was published and all Claims had to be in by April 9 2020. The Money Shop home page said: We have calculated the final dividend amount and you will be receiving 4.31p per £1. Where you provided us your bank details we will commence making payments from 24 May 2021.
How much is The Money Shop redress?
According to the ICL the Money shop claims payout for 2021 should be complete by the beginning of July. All customers should have the details of their payment amounts confirmed to them prior to receiving payment in the post or via BACS. A payment rate for redress of around 4.2 pence in the pound is expected.
Does The Money Shop still exist?
The Money Shop, which used to specialise in payday loans but more lately into pawn broking and buying gold, has stopped trading with immediate effect and has launched a mass redundancy programme.
How do I contact The Money Shop?
Drop us a message and we'd love to help you with your online application. [email protected].