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  • Payday loan provider Sunny Loans falls into management

    Short-term high-cost loan company Sunny moved into administration, with increased than 50,000 clients affected. Ed Boyle and David Pike at KMPG have now been appointed joint administrators of ECIL which supplied. customer loans underneath the “Sunny”. It previously additionally provided loans under the ‘1 Monthly Loan’ and ‘Quid’ brands. The company’s collapse was in fact…