Correspondence
CMA letter to Shelby Finance Limited on 4 breaches of the Payday Lending Order
Letter to Shelby Finance Limited about its non-compliance with Part 4 of the Payday Lending Market Investigation Order 2015, relating to the provision of summary of borrowing statements.
Documents
Details
The CMA wrote to Shelby Finance Ltd regarding 4 breaches of Part 4 of the Order during 2021 to 2022. Shelby Finance Ltd breached the Order by failing to send out summary of borrowing statements within the time periods stated in the Order. A total of 980 customers were affected.
See the payday lending market investigation case page for information on the investigation and the order.