24/7 Moneybox and PiggyBank closures - what's happening?
Payday loan companies 24/7 Moneybox and PiggyBank have entered into administration. They’ve not accepted new loan applications since then.
Can I get a refund on my 24/7 Moneybox or PiggyBank payday loan?
Many customers have made claims for compensation, saying that they were given loans they couldn't afford to pay back. The amount of compensation people with eligible complaints will receive depends on the process of the company's closure.
I have a payday loan with 24/7 Moneybox or PiggyBank, what should I do?
You should continue making your payments to the loan as normal. The administration process won’t affect the repayment term of your loan and if you miss payments you'll be subjected to the firms standard debt collection process.
We will continue to update this page as the situation develops.
If you have any questions, you can contact
24/7 Moneybox on 0207 183 8078, or email customer.services@247moneybox.com
If your loan is with PiggyBank, please contact them directly on 0800 2061560, or email help@piggy-bank.co.uk