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Everyday Loans Claims & Refunds

If you suspect that you were subject to a mis-sold loan, you may be eligible to claim a refund for irresponsible lending against Everyday Loans. Our most substantial Everyday Loans refund to date has reached £10,000. Find out how much you may be owed and start your claim today!

As the market leader in unsecured branch-based lending to non-standard customers with 73 branches as of June 30, 2020, Everyday Loans offers loans ranging from £1,000 to £15,000 at a representative APR of 99.9%. Illustratively, borrowing £3,000 over 24 months at a fixed interest rate of 71.3% p.a. results in 24 monthly payments of £237.75, with total repayable reaching £5,706.

Similar to 118 Money and Likely Loans, Everyday Loans operates as a high-cost commercial lender, often used for consolidating payday loans. However, with interest rates at 99.9%, these substantial loans over extended periods can trap borrowers in long-term, unaffordable debt.

The Financial Ombudsman's latest data reveals that 48% of complaints against Everyday Lending Limited, the parent company of Everyday Loans and Trust Two, were upheld. If you suspect you've had a mis-sold or unaffordable loan, take action today. We can help you initiate a claim for compensation.

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