Four million payday and doorstep loan customers must claim NOW for refunds

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MORE than four million payday and doorstep loan customers are being urged to apply for refunds they might be owed. If you were mis-sold a loan by Provident, Greenwood or Satsuma, you could be in li…

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How much compensation could I get?And you can have bad marks struck from your credit record, too.blogger Sara Williams told The Sun: "Provident loans were only meant to be used for short term borrowing - that's why the interest rate was so high.

"But Provident did not make proper checks on borrowers. Hundreds of thousands of people borrowed continuously from Provident for years. "They have a good chance of having a claim for 'unaffordable lending' upheld - even if they made all the repayments on time.If you took out a loan with Provident, Satsuma, Greenwood or Glo between April 6, 2007 and December 17, 2020 you could be eligible for a payout.

How much you get back will depend on how much you borrowed and for how long, as well as how many others apply for a refund.The pay out won't be immediate though, as each claim will be assessed individually.If you think you were given an unaffordable loan from Provident, Satsuma, Greenwood or Glo, visitYou can submit a claim online or by calling 08000 568 936 - or you can download a form to send off.

You won't need details of your loan to make the claim, says Sara, but you may need to show evidence of defaults or county court judgments.It's better to make a claim sooner rather than later - just in case there's an issue submitting information close to the deadline.Sara also advises you make a claim again if you were turned down for a refund before, or accepted a low amount.

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