Payday lender Wonga has announced its intention to go into administration after losing its battle to stay afloat. The company said in a statement that it had assessed all options and had decided that ...
News that Wonga is teetering on the brink of collapse has left many customers wondering if they will have to repay their loans in the event that the company goes into administration. The slow death of ...
The payday lender Wonga reportedly stands on the brink of collapse, because the company – once set for a stock market valuation in excess of $1bn – has struggled to raise funding to pay compensation ...
PAYDAY lender Wonga has confirmed that its UK and parent companies will go into administration. Here’s what we know about the situation so far and the impact its collapse will have on customers. On ...
Back in 2013 I carried out an investigation about Wonga, the pay day loan company which included interviewing one of the bosses of the lending firm. Some of my findings were astonishing but they did ...
Wonga, which has a 500-strong workforce, has been making losses for the last few years following the introduction of a string of regulatory hurdles PAYDAY loans giant Wonga is said to be on the brink ...
Add Yahoo as a preferred source to see more of our stories on Google. Wonga, the payday lender which was once one of Britain's fastest-growing consumer finance companies, is on the brink of collapse ...
Loan firm Wonga has announced it has gone into administration after being forced to pay hundreds of millions of pounds in compensation to customers. The infamous payday lender lost its battle to stay ...
Why Wonga unravelled: The revolutionary rise and ugly fall of a firm that forgot real people existed
It's late, the trains have stopped running, it's raining and you just want to get home. You get a cab. It's there in a few minutes, driver drops you at your door and it costs you £20. If you had ...
Online payday loans company, Wonga, which pitched itself as a technology startup and attracted investment from multiple high profile tech investors, yesterday agreed to write off the loans of 330,000 ...
Payday lender Wonga has collapsed into administration, bringing down the curtain on one of Britain's most controversial loans companies. The firm's collapse has put 500 jobs at risk and comes hours ...
Wonga has been speaking to the Financial Conduct Authority (FCA) about its lending practices Payday lender Wonga says it is writing off £220m of debts for 330,000 customers after putting in place new ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results