A payday Loan is a type of practical short-term loan, offered by a number of actual UK Lenders. You can get an instant loan if you are passing through some unconditional financial uncertainties. Payday loans serve as immediate help in sudden times of need. You can quickly borrow the required amount by assigning a contract with any of the legitimate lenders.
If you are paying more money for your payday loans, then there are more chances for you to get the payday loan refund from the interest which you paid on unaffordable loans. If the existing loan was so high that you need to get another loan to repay the existing one, it is called an unaffordable loan. If you are in financial distress it is better to reach out to a competent Payday loan refund company with relevant experience and scalability. Below is a list of the top 11 Payday Loan refund firms in the UK.
1. Allegiant Financial Services
Allegiant Financial Services is one of the best claim management companies in the UK. Located in Warrington, it has experienced and competent consultants at your disposal ready to get the job done in record time. This company operates on a No Fee, No Cash methodology.
Allegiant Financial Services charges a favorable 30% service fee on the total cash that you receive after a successful loan refund. This is including VAT and there are no debt deductions. This company also offers clients the right to cancel for free with certain terms and conditions.
2. Debt Camel
Debt Camel offers affordable complaint services for different sorts of borrowing. This is effected by offering template letters for use in reclaiming loan refunds. Letters by Debt Camel will work whether your payday loans were repaid or if you still owe the money.
Debt Camel helps you get refunds from lenders like Lending Stream, Cash Converters, and Money Boat. If you have used the moneylender firm for a long time, you may be able to get a refund of the interest you paid if Debt Camel proves that the lender should have realized the loan was unaffordable for you.
3. Forces Compare
Forces Compare was formed to address the financial problems of armed forces members. However, it is currently not compulsory to be in the armed forces to access their services. If you have had a payday loan that you struggled to repay, you could be eligible for thousands of pounds in compensation with the help of Forces Compare. Many customers have been approved for loans that they could not afford to repay and found themselves in tricky positions trying to repay them – often topping up their loans and paying extra late fees.
Forces Compare has helped thousands of customers so far with their payday loan reclaims. Customers have found it a no-hassle task to claim payday loan refunds with Forces Compare. This firm works completely on a no-win, no-fee basis.
4. Redbridge Finance
Are you finding it difficult to repay a loan or store card or credit card?then you can reach out to Redbridge Finance. This company will help you with the loan refund claims conveniently and quickly. Like some Payday loan refund companies, Redbridge Finance also lets the clients pay the service fees only if they receive their cash refunds.
Redbridge offers very personal and tailor-made service for their clients with quick responses. This is enacted with the help of competent consultants with relevant experience in claim management. You can rely on Redbridge finance personnel as they do not cave in, or give up when dealing with a difficult or aggressive lender.
Many clients who approach Creditix may not have realized soon enough that they could be entitled to a part or full refund of the money they had been charged. In rare cases, the payday loan debt is even written off altogether.
Creditfix started in 2007 and has since helped almost 200,000 customers to iron out their debt problems. It has a dynamic, knowledgeable, and customer-focused team that works relentlessly to solve customer queries and concerns. Creditfix will talk to lenders on your behalf and put together enough information before they decide whether or not you were mis-sold your payday loan or whether it was a case of irresponsible lending on the lenders’ side. If they find any faults, they’ll pursue the lender for you.
6. Ingram loft
Ingram Loft is a claims management firm in the UK that offers customers reliable and timely intervention in handling their payday loan refund claims. The client has nothing to worry about because their privacy is guaranteed by the company.
Ingram Loft provides customers with convenient services customized according to their needs. Qualified and experienced claims experts with experience in successful loan refund claims are ever-ready to address the clients’ concerns. This company has won the hearts of many of its customers for the benign 25% charged on the amount that you receive.
7. Debt Hacker
If you’re struggling to repay a loan, you have the right to make a complaint and ask for a refund of charges and interest. This applies even if you’ve paid the loan off. No matter how long ago it was.
Debt Hacker helps its clients to effectively deal with debt issues and sets you on a path to financial independence. If you feel the need to get support from Debt Hacker, you have to book a free consultation with the staff. Since launching in October 2018, Debt Hacker has processed over 22,000 complaints against payday lenders, with a total loan value of over £10,000,000 that borrowers have claimed against. You also stand to benefit from this firm’s amazing services.
8. RA Solicitors
RA Solicitors is a Payday loan refund firm based in Manchester.
Payday Loans – are so-called because they can help to relieve a financial shortfall until the next pay cheque arrives. Payday loans can be a useful facility in guarding against debt. However, they are closely regulated, and some lenders fall foul of the rules – especially when it comes to the levels of interest that are charged. This is sometimes known as High-Cost Short-term Credit.
If a lender does not follow the regulations, then you may be eligible to make a complaint. This could mean that you are entitled to significant compensation. Experienced consultants at RA Solicitors can help you with claiming the compensation you deserve.
9. Reclaim experts
Claiming back money that you are entitled to, due to a lender not making the necessary checks before they granted you the loan, can be an uphill task. This is even more if you don’t have a competent claim consultant by your side.
Reclaim Experts is a website that offers comprehensive services and resources for your loan refund needs. With Reclaim Experts, you can book a free online consultation with expert consultants and get your queries clarified freely. The process is very simple: you can simply fill out the “Compensation Claim” form which is available on the Reclaim Experts website and the claim will be done for you smoothly.
Peachy was established in 2010 with a mission to avoid the cynical and unscrupulous tactics used by existing short-loan lenders. this is in a bid to provide responsible financial support for life’s unforeseen circumstances.
Peachy also offers Payday loans with multiple repayment options which are available for up to £1000. If you are looking for advice and support concerning Payday loans, then peachy is the best place to get started. Peachy keeps things fair and straightforward when dealing with their customers, including any financial problems they encounter with payday loans from other firms or even with a Peachy loan.
11. Money saving Expert
Payday loans and other bad short-term credit loans have been widely mis-sold. While each product differs in how they work, they’re all expensive, target people with poor credit, and are often far too easy to get.
If you couldn’t afford to repay the loan, or the lender failed to check your finances properly, you may be able to reclaim £100s or even £1,000s in refund money. Dozens of bad big-name payday lenders have gone bust, leaving customers with legitimate claims getting significantly reduced payouts or even finding it’s too late to make a complaint. Money Saving experts swiftly guide you through the entire process of reclaiming what you deserve.