Donate SIGN UP

Payday Lender Wonga Saw Losses Double In 2015

Avatar Image
mikey4444 | 08:09 Wed 04th May 2016 | News
21 Answers
http://www.bbc.co.uk/news/business-36201486

Nice to see that these shysters are in financial difficulties ! I haven't seen their childish adverts on the TV for ages.
Gravatar

Answers

21 to 21 of 21rss feed

First Previous 1 2

Avatar Image
Just seen on FB... "Wonga declares £37.3m loss after accidentally borrowing a fiver from itself"
08:17 Wed 04th May 2016
Perhaps they will change their name to NoWonga?

//£20 is quite a lot of money when you have no money//

But that barely covers standard administration charges let alone money in the pot to cover defaulters and some profit.

Do you expect them to lend to risky people for nothing?

APR is very misleading as stated above. Just look at High Street Bank costs if you think £20 is expensive.


21 to 21 of 21rss feed

First Previous 1 2

Do you know the answer?

Payday Lender Wonga Saw Losses Double In 2015

Answer Question >>

Related Questions

Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.