Claim your 118 118 Money refund
Launched in September 2013, 118 118 Money is a short term loan provider offering unsecured personal loans from £1,000 to £5,000 at 49.9% APR. If you’ve had a loan from them in the past, you may be eligible to claim compensation.
Who are 118 118 Money?
118 118 Money is a trading name of Madison CF UK Limited who has over 130 employees. They launched the 118 118 Credit Card in 2018 and the following year reported over £71m turnover, an increase of over 3% on the previous year.
What’s the current situation?
118 118 Money are open for business and still lending. If you believe you have been unfairly treated by 118 118 Money you should check your claim now.
What is the deadline?
118 118 Money are open for business in Jan 2022 and haven’t entered into a scheme of arrangement to settle claims, unlike other loan companies. This means there’s no immediate deadline and you can claim now. If you’ve had a loan with them in the past, check now.
The FOS reported that 118 118 Money acted unfairly in 2017 in this case where they did not react to the information received from the customer regarding outstanding debt.
Based on our own data, the average claim is £1,659.95*
*Data from cash refund offers received by Clear Legal Marketing Limited’s clients between 1st May 2021 and 30th April 2022.
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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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