So concern continues to be: where most of the marmalade is fully gone?

Past poster queried “where has all of the cash gone?” in terms of Sunny and their television adverts etc.etc. Well, it’s possible to complete queries on organizations home you updates on any progress with the administration process too for them– this will give. It’s additionally interesting that Sunny (or Elevate Credit Overseas Limited) had a moms and dad business located in USA (called Elevate) which demonstrably is nothing at all to do with this and certainly will keep on trading as normal! So putting two in addition to 2 together and wondering where all of the cash moved. Just some figures from their latest posted records (to to Dec 2018): that they had fixed assets ВЈ6.4m that is worth when you look at the bank, they certainly were owed nearly ВЈ41m (presumably by people keeping loans at that time with time). They owed around ВЈ4m to their “suppliers/lenders” (within the term that is short i.e. payable within per year) and owed another ВЈ31m on long haul borrowing. Their reports reveal that they had a borrowing arrangement (in other terms. they borrowed the funds from the loan provider then lent away to us at their APR that is exorbitant! at around 15% per 12 months. Anyhow – quick Bing seek out anyone.

IMPROVE REGARDING SUNNY. Looking disappointing for redress claims.

We have been presently updates that are submitting credit guide agencies to be able to amend clients’ credit files for loans which were considered unaffordable. No action is required by you in this respect.

Our company is now customers that are inviting submit creditor claims. Per ECIL’s documents, you have got submitted a redress associated problem and so might be a creditor of ECIL. Should you want to submit a claim within the management, please log in to your MyAccount portal on to submit your claim. The claim distribution due date is 31 2021 january.

Please be aware, it’s uncertain whether you will have funds that are sufficient enable a circulation to be compensated to unsecured creditors and should here be enough funds, the anticipated circulation rate is forecast become really low and may be significantly less than one pence within the lb.

You will find a true range proposed choices which our company is asking creditors to vote on. an unique backlink to where you are able to vote is supplied right right here. Votes must certanly be submitted by 30 November 2020.

Welsh woman says

Many thanks plenty with this! We haven’t had a contact yet but logged directly into my account and possess a prospective redress of approximately £2000 however I’m perhaps perhaps not holding down hope it’s likely to be that much 😂

Sara (Financial Obligation Camel) says

Certainly. You might get £20…

Annoying had my situation with Sunny formerly head to ombudsman and everything rejected whenever I’ve logged with its stated my claim could have been almost £450 😩😩

Feel acutely fortunate that we made an affordablilty claim by the end of this past year which Sunny really upheld (once we went along to the MD). I obtained about £3K refunded. Just got in there with time. Comiserations to all or any people who didn’t.

Lee sharratt says

We consented to 45 lb . Why We don’t understand. But there u get. Ideally be much more with icl

Hi, i’ve just been onto my account that is sunny and an affordability problem. It claims i will be due simply over ВЈ500 but will simply get about ВЈ5 of the. The situation I have is I still owe the amount of money however the loan happens to be offered to SLL Capital. With wonga they took the amount that is full the things I nevertheless owed, that I had been hoping they’d do right here but as Its been offered do we still need to spend all of it back and just receive ВЈ5 from sunny? I am hoping this will make feeling

Sara (Debt Camel) says

I will be astonished it has occurred. Ended up being the final loan one of this people being refunded?

I’m unsure simple tips to be sure? It simply took me personally right to exactly how much I was due.

Sara (Debt Camel) says

okay, it is best to mobile up client solutions and have them why while you have experienced redress calculated it hasn’t been utilized to counterbalance the balance owed. Be persistent.