High-cost short-term lender administration

High-cost short-term lender enters administration

26th October 2023 Alternative Consumer Lending | #High-cost short-term lender administration

Online high-cost short-term lender Novaloans (trading as Cash4UNow) has entered administration. Novaloans Ltd is a family-run business founded in 2011, employed 38 people according to its total exemption. Its offices are at Limewood Business Park, in Seacroft. The Financial Conduct Authority (FCA) has confirmed that the firm is no longer lending. However, all existing loan…

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High-cost short-term lender administration

High-cost short-term lender enters administration

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