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PREVIOUSLY HAD PAYDAY LOAN DEBT?

Claim your Wonga payday loan refund

This payday loan behemoth was founded in 2006 and went bankrupt in 2018. This means you can no longer claim, but you may still have a claim with another lender, so why not check now?

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Who are Wonga?

Wonga was a household name and the largest payday lender in the UK, winning awards from The Guardian and The Times and sponsoring premiership football club Newcastle United for £8 million a year. They even sponsored free travel on the London Underground on New Year’s Eve in 2010. Following a 2.6m fine in 2014 for sending fake solicitors letters and the introduction of tougher financial legislation the following year which capped interest rates at 0.8% per day, Wonga was hit by a wave of compensation claims for unaffordable lending which ultimately led to its demise in 2018.

What’s the current situation?

The deadline was 30 September 2019 to submit a claim. Around 360,000 customers were paid out, but according to Administrators Grant Thornton “the total value of all accepted claims significantly exceeded the money available to be shared out” which meant just 4.3% of compensation was actually paid. On a £1,000 claim the claimant received just £43.

What is the deadline?

The deadline was 30 September 2019 to submit claims to the administrators. Unfortunately you can’t claim as this date has now passed.

Key stats

Success Rate
Unfortunately we’re not submitting claims against this lender as the deadline has passed.

Average Payout
The average claim against Wonga was £1,181 but with just £41m available to unsecured creditors, the average compensation was estimated to be as low as £118 according to Administrators, Grant Thornton.

Why choose Claims Bible?

100% Confidentiality

Being discreet is part of our business, our legal representatives will never discuss your case without your permission.

Proven Track Record

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.

Claim Professionals

We partner with specialist firms so your claim is handled by an expert who is familiar with your type of claim.

Read more About Us >

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?

You do not need to use a claims management company to make your complaint to your lender. If your complaint is not successful you can refer it to the Financial Ombudsman Service for free. Claims Bible does not charge you for our service, we may be paid a fee by the final supplier for any introductions. This will not impact on any costs incurred by you.

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