Claim your MyJar payday loan refund
This payday lender went into administration on 22 December 2020 but claims are still open. You will need to claim yourself via the MyJar website. If you’ve had a loan with another company you may have a claim, so it’s best to check now.
Who are MyJar?
MyJar started operating in 2009 (formally Txtloan) and by 2019 had processed over 3 million loans. They were well respected by their customers with over 6,000 Trustpilot reviews averaging 4.1 out of 5 stars and in 2016 they won ‘Responsible Lender’ award at the F5 Credit Strategy awards mostly due to their openness about charges and their ‘no rollovers’ policy. Unlike other lender’s they’ve never been fined by the FCA and are actively engaged in debt charities Payplan and Stepchange. You can view their TV advert here .
What’s the current situation?
Administrators Harrisons Business Recovery were appointed on 22 December 2020 and in the same year the Financial Ombudsman Service (FOS) received 849 complaints about MyJar, resolving 55% of all claims in the claimant’s favour. The latest Administers Progress Report shows 4 unsecured creditors claims totalling £134k, with a further 8 creditors outstanding totalling £150k. Prior to the Administrators being appointed MyJar had 558 Redress claims totalling £312k. Claims are still open but you have to claim yourself via the MyJar website .
What is the deadline?
MyJar are accepting claims and according to their FAQ page state they aim to complete payouts within 15 working days of receipt of the settlement form.
Unfortunately we’re not submitting claims against this lender as the deadline has passed.
The average Redress claim amount was £559*.
Why choose Claims Bible?
Being discreet is part of our business, our legal representatives will never discuss your case without your permission.
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So far we’ve handled over 10,000 cases and claimed back over £2,000,000 for our clients so you are in safe hands.
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You may still have a claim
We cannot claim against this lender because they are in administration. However, that doesn’t mean you may not have another claim against another lender. Our software checks multiple lenders in just 5 minutes, so why not check now?