QuickQuid owner collapses into administration

Almost 1m customers face financial uncertainty as UK’s biggest payday lender closesThe UK’s biggest payday lender has collapsed into administration, leaving more than a million customers facing financial uncertainty.CashEuroNet UK, which operates the QuickQuid and On Stride brands, has stopped lending after Grant Thornton, the accountancy firm, was appointed as its administrator. The business failed a year after its rival Wonga collapsed following a surge in customer compensation cla