Jump to content


Payday Lender Cashes Out....


style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 3543 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

Ladies & Gents, Hot off the press....

 

Stockport-based payday lender and money transfer business The Cash Store Ltd has entered administration.

 

A subsidiary of Canadian business The Case Store Financial Services Inc., the company’s UK operations have ceased trading following the appointment of FTI Consulting LLP as administrators.

 

The Cash Store operated as a fully FCA-regulated payday lender primarily in the north west and Yorkshire regions.

More can be read here...

 

We could do with some help from you.

 

Have we helped you ...?         Please Donate button to the Consumer Action Group

 

**Fko-Filee**

Receptaculum Ignis

 

Link to post
Share on other sites

The Canadian parent company seems to have run out of money and have cash flow problems.Also,they have had no licence since Feb/14.

I liked the bit where they are to repay creditors at 12.5% for the first $12.5 million,then 10.5% for the remaining.I wonder what they were charging customers here,I should think a bit more than 12.5%.

 

http://www.thestar.com/business/personal_finance/2014/04/25/cash_store_runs_out_of_money.html

 

Regards,John.

Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...