Buddy Loans administration – no money for cash refunds

UPDATE Advancis was dissolved in December 2023 Advancis Ltd, trading as Buddy Loans, went into administration on 7 September 2021. Buddy Loans was a small guarantor lender. Its loans were typical of the UK guarantor market  – between £1,000 and £10,000 lent on a 1-5 year term at a 49.9% APR. The FCA describes these … Continue reading Buddy Loans administration – no money for cash refunds