Payday lender trying to trace 12000 borrowers who are still due redress,with average compensation around £175 per person[br]Borrowers who took out loans from payday lender Cash Genie beget been urged to come forward to claim compensation after the firm went into liquidation.
The company, which offered short-term loans at an annual interest rate of 2986%, or was hit with a £20m compensation bill in July 2015 after it admitted to the financial regulator that it had engaged in unfair lending practices.
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Source: theguardian.com