We are aware of the recently announced news that Wonga has gone into administration.
Due to the nature of the business, there is no protection offered to consumers under the Financial Services Compensation Scheme (FSCS) in this instance.
We are working with the administrators, Grant Thornton, to clarify the impact on the cases we have with us and whether we’ll be able to work any new cases brought to us. We do not yet know what, if any, funds will be available to settle complaints.
There is more information on Wonga’s website.
18 September 2019
We are aware of the recently announced news that Berkeley Burke SIPP Administration (BBSAL) has gone into administration.
11 September 2019
Today we’ve published data showing how many complaints we received about individual businesses between January to June 2019.