I recently took out a payday loan with Quidmarket.
Yesterday, I received an email from them saying the agreement was unenforceable as they were to be charging me more than they were legally allowed to.
As a result they would not be charging me any interest and all I had to pay back was the capital a month later than I was meant to.
Obviously, that is good news for me but I wondered if, as the agreement is unenforcable, legally do I have to pay the capital back ???
I have attached a copy of the email less my personal details