Payday lender QuickQuid is to close after thousands of complaints - here’s what it means for customers
The UK's biggest payday lender is to close after thousands of complaints and regulatory uncertainty rocked the business.
US owner of the brand, Enova, had been working for months to reach a deal with authorities after more than 3,000 complaints were filed by customers about the company in just six months.
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QuickQuid is the best-known brand of CashEuroNet UK and claims to have lent to more than 1.4 million people in the country.