Blog
Allegiant Finance Services: Full FCA Authorisation Granted
Allegiant Finance Services, a leading UK claims management company in the unaffordable credit sector, is delighted to announce that on 20 January 2020 it received full authorisation from the Financial Conduct Authority. Jemma Marshall, Managing Director, said “We are delighted to have received full authorisation from the FCA. Our...
Guarantor Loan Claims – What You Need To Know.
In Q1 of 2019, the Financial Ombudsman Service confirmed that an unprecedented 83% of guarantor loan complaints had been successful. This figure is great news for those who’ve suffered financial hardship because of guarantor lenders. And it’s worth noting that in the previous year, the success rate was only...
Our New Regulator: The Financial Conduct Authority.
From 1 April 2019, Allegiant Finance Services Limited is authorised and regulated by the Financial Conduct Authority (‘FCA’). By this date all Claims Management Companies (‘CMCs’) must have registered with the FCA for temporary permissions in order to continue business in this sector. We are pleased to confirm that...
Allegiant Finance Services Comment On Further Wonga Collapse Reports
Allegiant Finance Services Limited, a regulated Claims Management Company based in Cheshire, has today lifted the lid on the booming payday loan claims industry and the tug of war between payday loan lenders, the Financial Ombudsman Service and consumer representatives. Allegiant Finance Services Limited, commented: “This weekend saw yet...
Allegiant Finance Services Limited reacts to Sky News report on Wonga bail out
Picture Caption: 2013 Green Party Protest at Wonga HQ regarding concern over high charges. Allegiant Finance Services Limited, the original dedicated payday loan claims company, has today reacted to Sky News’ report that major UK short term loan provider Wonga has been forced to the brink by payday loan...
Allegiant Finance Services joins the Alliance of Claims Companies
Together, we’re better. Allegiant Finance Services is delighted to announce that it has been accepted into the membership of the Alliance of Claims Companies after a meeting between our management team and the Alliance of Claims Companies’ Simon Evans. The Alliance of Claims Companies (ACC) was founded in September...
PaydayUK, Payday Express and Money Shop Online Cease Web and Phone Loans
On the 23 October 2017, and with virtually no media scrutiny or coverage, Dollar Finance, the company that owns PaydayUK.co.uk. PaydayExpress.co.uk and the Money Shop, three of the most pre-eminent payday loan / short term credit lenders, has announced it has ceased offering online and telephone loans. A representative...
What The Payday Loan Lenders Don’t Want You To Know: £Thousands Being Reclaimed For Poor Affordability Checks.
What’s The Problem? The UK is in the grip of a growing debt crisis. The average household now owes a record £12,887, a figure that doesn’t even account for mortgage debt, while seven out of ten adults are juggling an average debt of £6,372. These statistics are painting a...
Allegiant Finance Services Limited Launch Electronic Claims Pack Option
Allegiant Finance Services Limited, the leading payday loan claims company, has today launched its electronic Claims Pack, powered by Adobe eSign technology. Customers now have the option of selecting whether to receive Claims Packs by post or email. Customers selecting the electronic Claims Pack delivery option are able to...
Money Shop, PaydayUK & Payday Express owner to refund 150,000 customers
The FCA has ordered American based Dollar Finance, the owner of Money Shop, Payday Express and PaydayUK, to refund charges to some customers between April 2014 and April 2015. The FCA investigation found system errors and poor affordability checks. Quite simply, customers were found to have borrowed more than...