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QuickQuid gets into management ??“ what’s going to take place

I am speaking about QuickQuid (QQ) in the place of CashEuroNet because it is the greater amount of name that is familiar. Every thing right here additionally pertains to loans from Cashruronet??™s other brands, weight To Pocket as well as on Stride.

Give Thornton is appointed as Administrators. They will have put up a web page about Redress Complaints ??“ this will be their term for those who have expected for a reimbursement simply because they received unaffordable loans.

In belated December the Administrators posted their Proposals aiming the way they anticipate the management to the office and asking individuals to vote to accept them. I’ve updated this informative article using the details. See QuickQuid ??“ the Casheuronet administrators??™ Proposals & Voting for details.

Through the Proposals, it’s clear that the QuickQuid management will observe the pattern that is same the Wonga and Wageday Advance administrations

I shall keep this site updated as concerns are answered and details emerge within the next couple of months.

Background towards the QuickQuid Management

QuickQuid as well as its sibling brands ended up being one of many ???Big Three??? payday lenders in Britain, getting started in 2007

QuickQuid had more than a million clients. Whenever it went into administration there were c. 500,000 customers with outstanding loans.

A number of these clients had extended borrowing from QQ. either loans that are rolling or repaying one loan but being kept therefore in short supply of cash which they had to borrow once more. Read the rest of this entry »

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