CMA letter to Auden Group Ltd on 2 breaches of the Payday Lending Order
Letter to Auden Group Ltd about its non-compliance with Part 4 of the Payday Lending Market Investigation Order 2015, relating to the provision of summary of borrowing statements.
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The CMA wrote to Auden Group Ltd regarding two breaches of Part 4 of the Order during 2021 to 2022. Auden Group Ltd breached the Order by failing to send out summary of borrowing statements, or notifications that summary of borrowing statements were available, within the time periods stated in the Order. A total of 166 customers were affected.
See the payday lending market investigation case page for information on the investigation and the order.