US-based payday loan giants Curo, QuickQuid and Lending Stream who 'target British customers with up to 2,000% APR loans' could face legal action in 'bigger scandal than PPI' | WHAT REALLY HAPPENED


US-based payday loan giants Curo, QuickQuid and Lending Stream who 'target British customers with up to 2,000% APR loans' could face legal action in 'bigger scandal than PPI'

Giant American payday lenders could face legal action in the UK today after they were accused of mis-selling loans to up to a million Britons.

Paydayrefunds.co.uk are preparing legal action against Quickquid, Curo and Lending Stream after the US-payday lending giants have so far refused to disclose information on customers who could be due tens of millions of pounds back in compensation.

The company issued a letter of action six months ago, which is due to run out next Friday. Paydayrefunds.co.uk revealed they have already appointed a barrister in preparation for issuing an injunction at the High Court against the lenders.

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