Aggregated News From Investment Management Regulators

MyJar enters administration

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On 22 December 2020, MyJar Ltd, was placed into administration. David Clements, Paul Boyle and Anthony Murphy of Harrisons Business Recovery & Insolvency (London) Limited were appointed as Joint Administrators.

MyJar Ltd is a high cost short term lender, otherwise known as a payday lender, which lends small sums to customers until the next payday or up to 12 months. The Administrators will update customers as soon as possible.

If you have any questions in the meantime about your loan please contact MyJar Ltd customer support team:

The FCA is in close contact with the firm and the administrator with regard to the fair treatment of customers.

All existing loan agreements remain in place and will not be affected by the administration. However, the firm is no longer able to issue new loans.

Customers who are struggling financially can get free and impartial guidance from the Money Advice Service.

This news item was originally published by the Financial Conduct Authority (FCA UK). For more information, please see the Source Link.

Regulator Information

Regulator Name: Financial Conduct Authority
Abbreviation: FCA
Jurisdiction: United Kingdom

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