Morses Club Refunds
Claim back interest Refund from Morses Club.
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As one of the largest doorstep loans providers, Morses Club provides small, short-term loans of
£100- £1,500, over a loan period of 22 weeks to 53 weeks.
Doorstep Loans, also known as home credit loans, are used by 1.3 million people in Britain and it’s the practice where a collector comes to your house to collect the repayments, rather than paying them through a bank or standard repayment scheme.
Like Guarantor loans, doorstep loans have come into the spotlight recently, with the Financial Conduct Authority instructing Provident, also a doorstep loan provider, to pay “almost £169m in compensation to customers’ after mis-selling a particular loan product to customers.
Other complaints about doorstep loans include people being sold a home credit loan by an agent, when they could not afford it. A loan is unaffordable if you cannot make the repayments without borrowing again.
If you found yourself unable to pay back the loan you took with Morses Club, you may be eligible for a loan refund- and the Reclaim Experts maybe able to help you receive what you are owed.
What type of loans do Morses Club offer?
– Cash Loans
– Door Step Loans
Minimum age of 18 and not declared bankrupt. Must also live in an area of a Morses Club branch.
£200 loan repayable over 34 weeks at £10 per week, Rate of interest 107.1% p.a fixed Representative 466.37% APR, Total amount payable is £340
Morses Club is registered at the following address:
Morses Club PLC, Kingston House, Centre 27 Business Park, Woodhead Road, Birstall, Batley, WF17 9TD
Why could I receive a Morses Loan Refund?
If any of the above statements apply to your experience with the Morses Club and Doorstep Loans , you could be eligible to claim compensation. Start your claim or get in touch with the experienced experts team who will guide you through the process.
We are here to help.