CashEuroNet UK LLC enters administration

On 25 October, CashEuroNet UK LLC, trading as QuickQuid, Pounds to Pocket and Onstride, was placed into administration. Chris Laverty, Trevor O’Sullivan and Andrew Charters from Grant Thornton UK LLP were appointed as Joint Administrators.

CashEuroNet 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 a few months. The administrators of CashEuroNet will update customers as soon as possible. If you have any questions in the meantime about your loan please contact:

QuickQuid:

Onstride:

Grant Thornton UK  - Joint Administrators:

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

Customers should continue to make any outstanding payments in the normal way. All existing agreements remain in place and are not affected by the administration. However, the firm is no longer able to issue new loans.

Protecting yourself from fraud

If consumers are looking for an alternative firm to provide a loan, please see our page on how to protect yourself from loan fee fraud.

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