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RewardRate Claims & Refunds

If you find that your loan from RewardRate Loans was not financially manageable, you might qualify to seek a refund due to irresponsible lending practices. Our team is ready to assist you throughout the process and provide the support you need.

RewardRate, a new loan product from Amigo Loans, has emerged in the aftermath of the mis-selling scandal involving Amigo Loans. This scandal revolved around the approval of numerous unaffordable loans over an extended period. To address this, substantial amounts have been reclaimed by former customers, leading Amigo to fulfill only a fraction of its owed amounts through a scheme of arrangement.

 

RewardRate provides personal loans at a 49.9% APR without requiring a guarantor. Alternatively, guarantor loans are offered at a 39.9% APR, compared to Amigo Loans' previous 49.9% for such loans. Customers from both categories may see their rates reduced to 34.9% APR for timely payments. Despite these adjustments, it remains a high-cost loan option, potentially resulting in substantial interest payments on relatively modest loan amounts.

 

If you suspect that you have experienced a mis-sold or unaffordable loan from RewardRate Loans, take the first step and initiate your claim today!

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You have the choice to pursue your claim without the assistance of a Claims Management Company. You can approach the Financial Advisory firm directly and at no cost. Should your complaint not be resolved, you have the right to escalate it to the Financial Ombudsman Service (FOS). In the event the Financial Advisory firm is no longer trading, you can seek redress via The Financial Services Compensation Scheme (FSCS).​

Car Claims is a trading style of Hemmings Howe Associates Limited.

This site is owned and operated by Hemmings Howe Associates Limited, which is a company Registered in England. Registered Office: Jactin House, Hood Street, Ancoats, United Kingdom, M46WX, England. Registered with the FCA number: 838449

Authorized and regulated by the Financial Conduct Authority  (see the FCA register at www.fca.org.uk/register/ reference: 838449)

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Hemmings Howe Associates Limited is registered with the Information Commissioner (ICO) Registration: ZB357457

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