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Payday Lender Wonga Saw Losses Double In 2015
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Nice to see that these shysters are in financial difficulties ! I haven't seen their childish adverts on the TV for ages.
Nice to see that these shysters are in financial difficulties ! I haven't seen their childish adverts on the TV for ages.
Answers
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.
//£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.
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