CURO Transatlantic Limited – in Administration

CURO Transatlantic Limited (in Administration) - "CTL"
Court number 1418 of 2019
SRC Transatlantic Limited (in Administration) - "SRC"
Court number 1419 of 2019
Together - "the Companies"
Joint Administrators - Howard Smith and Ed Boyle

Howard Smith and Ed Boyle were appointed as Joint Administrators of CURO Transatlantic Limited on 25 February 2019. CTL was a provider of short-term, high-cost consumer finance and traded exclusively in the UK under two brands: WageDayAdvance and Juo Loans.

Immediately following their appointment, the Joint Administrators concluded a sale of the business and the majority of the assets of CTL to Shelby Finance Limited, an unconnected purchaser ("Shelby"). As part of this sale, a proportion of CTL's outstanding loan book was purchased by Shelby.

A sale of CTL’s remaining customer loan book has also now been agreed with Lantern Debt Recovery Services Limited (“Lantern”).

Customers whose loans have been sold will receive confirmation of the sale of their loan from the Joint Administrators, and separately from Shelby or Lantern (as relevant) who will administer these loans from now on.

Please note, neither Shelby nor Lantern have purchased CTL as a company or legal entity (i.e. by way of a share purchase), and therefore CTL remains under the control of the Joint Administrators. In addition, the WageDayAdvance and Juo Loans brands have not been purchased and remain with CTL. Following the Joint Administrators' appointment, CTL will not make any new loans.

A Frequently Asked Questions guide can be downloaded below, or accessed using the ‘Customer FAQs’ link on this page. Our customer service centre is currently receiving a high volume of enquiries. Please review this guide before contacting the customer service centre, including if you have any queries concerning repayment of a loan, credit history updates, entitlement to redress, and submitting a claim in the Administration.

Other FAQs that you may find helpful:

  • Q: How can I submit a claim in the Administration?
  • Q: Do I need to use a claim form to update my personal details?
  • Q: What is the deadline for submitting claims in the Administration?
  • Q: I have recently paid off my loan, will my credit reference file be updated?
  • Q: I have sent an email to the customer service centre and haven’t received a response yet. Will you deal with my query?

A customer service centre has now been established, who can be contacted at .

Alternatively, specific mailboxes have been set up if you have any of the following queries:

Frequently Asked Questions (FAQs)

Frequently Asked Questions

Press release

Statutory notices and reports

Frequently Asked Questions 
Press release 
Right to elect to become an opted-out creditor 
Right to elect to revoke their decision to become an opted-out creditor 
SIP 16 Memorandum 
Notice of appointment 
Notice of Joint Administrators’ proposals 
Joint Administrators’ Proposals 
Creditors request for a physical meeting 
Notice of seeking decision by electronic voting to redress creditors 
Notice of seeking decision by electronic voting to trade creditors 
Proof of debt form for use by non-redress creditors 
Claim form for use by redress creditors 
Notice of approval of Administrators’ proposals 
Notice of extension of Administrators’ term of office 
Notice of proposed distribution 

Howard Smith and Edward George Boyle are authorised to act as insolvency practitioners by the Institute of Chartered Accountants in England & Wales.

We are bound by the Insolvency Code of Ethics.

The Officeholders are Data Controllers of personal data as defined by the Data Protection Act 2018. Personal data will be kept secure and processed only for matters relating to the appointment. For further information, please see our Privacy Policy.

Contact Us

Case contact
Customer Service Centre:

Tel +0330 094 5695

Frequently Asked Questions

Useful Information