Company Information

Get to know Payday Protection

Payday Protection is a UK-based claims management company operating on a no-win, no-fee basis. The company specializes in representing clients who were mis-sold high-cost, short-term credit, commonly known as payday loans. Their mission is to help individuals reclaim money from unaffordable loans by managing the entire claims process, from assessing the claim's validity to negotiating with the original lenders. They aim to secure refunds for interest and fees paid, remove the loan from the client's credit file, and claim statutory interest on the refunded amount. Payday Protection is a trading name of Claims Legal Ltd, which is authorized and regulated by the Financial Conduct Authority (FCA).

Industry

Financial Legal ServicePRIMARY
Financial Other Service

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Payday Protection

United States

Founded in

2023 (3 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.