Ombudsman News 157
25 January 2021
Welcome to our latest Ombudsman News. In this edition, we highlight our plans and budget consultation feedback deadline and information for consumers and business with complaints caused or impacted by Covid-19.
Find out how our service is being impacted by Covid-19 (coronavirus), and what this means for your complaint.
Find out moreOn 29 June 2020, Elevate Credit International Limited (trading as Sunny) went into administration.
On 29 June 2020, Elevate Credit International Limited (best known by its trading name, Sunny) went into administration. Due to the nature of the company, no protection is offered to consumers under the Financial Services Compensation Scheme.
We are working with the administrators to clarify the impact on the cases already with us.
The administrators have confirmed that whether claims will be accepted – that is, whether complaints will be upheld and someone becomes a ‘creditor’ of the insolvent company – is now a decision for them. They will also decide how much is owed to each creditor.
This means we are unlikely to be able to progress any complaints about Elevate Credit International Limited any further, or to take on any new cases brought to us.
As a result, we expect to hand complaints to the administrators for them to assess. We’ll do this as soon as we can. We’ll write to individual consumers and claims management companies to explain this, to let them know that they don’t need to do anything further at this stage, and to say that the administrators will get in touch directly.
There is more information on Sunny’s website.
25 January 2021
Welcome to our latest Ombudsman News. In this edition, we highlight our plans and budget consultation feedback deadline and information for consumers and business with complaints caused or impacted by Covid-19.
21 December 2020
We are aware Amigo Holdings PLC has made an application to the FCA for a DISP waiver.
17 December 2020
Welcome to our latest Ombudsman News. In this edition, we focus on our plans and budget and our opening hours over the festive period.