Shelby Finance Ltd a subsidiary of Morses Club Limited was placed into insolvency administration on 17 November 2023. Ed Boyle and Rob Spence of Interpath Ltd have been appointed as Joint Administrators (“the Joint Administrators”) of Shelby Finance Ltd.
The Company will no longer be able to issue new or additional loans for any new or existing customers. Any outstanding loans will still be collected as normal. It is important that customers continue to make payments on outstanding loans as they fall due, as not doing so is likely to impact their credit rating/profile and ability to borrow.
All customers with an outstanding loan will be contacted over the coming days/weeks in the normal course. Please note that the Company’s customer service centre continues to operate as normal but is currently receiving a high volume of enquiries.