DJS (UK) Limited enters administration

NEWS
Published
Dec 9th '19
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On 5 December, DJS (UK) Limited, trading as PiggyBank Zero, PiggyBank Instalment loans, PiggyBank Loans, Aeroplane Loans, PiggyBank Guarantor Loans, was placed into administration. Shane Biddlecombe and Gordon Johnston at HJS Recovery UK Limited were appointed as joint administrators.

DJS (UK) Limited is a high cost short term lender, otherwise known as a payday lender, which lends small sums to customers until the next payday or for up to five months. The Joint Administrators will update customers as soon as possible.

If customers have any questions about their loan, please contact Customer Services on 0800 206 1560 or email help@piggy-bank.co.uk.

The FCA is in close contact with the firm and the joint administrators with regard to the fair treatment of customers.

All existing loan agreements remain in place and will not be affected by the proposed administration. However, the firm is no longer able to issue new loans.

Customers who are struggling financially can get free and impartial guidance from the Money Advice Service.

Source: FCA