Mis-sold clients of Wage Day Advance and Juo Loans won’t be provided with compensation that is full

Administrators for pay day loan providers Juo Loans and Wage Day Advance, which collapsed in February, have actually admitted that customers that are owed payment will simply get a «partial repayment» with their claims.

CURO Transatlantic Limited (CTL), which owned Wage Day Advance and Juo Loans, went into management on 25 February, and accounting company KPMG had been appointed as administrator.