Payday lender Cash Genie faces a £20m compensation bill after charging customers £50 to transfer them to the firm's debt collection business. FCA is urging borrowers who have not heard from Cash Genie to contact it and claim compensation. Photograph: Itanistock/Alamy. Payday lender Cash Genie has gone into liquidation as a result of being ordered to pay compensation by the FCA. If you were a loan customer.
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