Rats Deserting A Sinking Ship? Third Wonga Boss Quits In A Year

The Huffington Post UK | Asa Bennett | Posted 20.11.2014 | UK

Wonga has lost its third chief executive in a year after Tim Weller left after just six months in the role. Weller took over from Niall Wass in May...

Will The Payday Loan Cap Actually Change Anything?

The Huffington Post/PA | Posted 15.07.2014 | UK Politics

People using payday lenders are to see the cost of borrowing fall significantly under a crackdown announced by the financial regulator today, but crit...

Wonga To Axe These Puppets In Bid To Stop Attracting Children

The Huffington Post UK | Asa Bennett | Posted 14.07.2014 | UK

Wonga's grandparent puppets, stars of the controversial payday lender's recent adverts, are to be axed as part of the firm's attempt to avoid "anythin...

Big Banks Are Threatening People With Dodgy 'Wonga-Style' Lawyers

The Huffington Post UK | Asa Bennett | Posted 04.07.2014 | UK

Britain's biggest banks are hitting customers with legal threats from what appear to be independent lawyers, but are actually names used by the bank's...

Police Could Get Onto Wonga Over Fake Legal Letters Bullying Debtors

The Huffington Post UK | Asa Bennett | Posted 27.06.2014 | UK Politics

Wonga could face a criminal investigation after it emerged that the payday loans giant had sent "thuggish" legal letters from fake law firms to threat...

Wonga To Pay Millions For 'Unfair' Hassling Of Customers

The Huffington Post UK | Asa Bennett | Posted 25.06.2014 | UK Politics

Controversial payday loans giant Wonga will have to pay around 45,000 customers more than £2.6 million in compensation for "unfair and misleading deb...

Are Payday Lenders 'Exploiting' Borrowers?

The Huffington Post/PA | Posted 25.01.2014 | UK

Payday lenders have been accused by Which? of "exploiting" borrowers who default on loans with over-the-top fees that raise the risk of them tipping i...

Church Of England Still Has £80,000 Stake In Wonga

The Huffington Post UK | Asa Bennett | Posted 31.12.2013 | UK Politics

The Church of England has failed to dump its £80,000 stake in Wonga, five months after it was revealed to be indirectly investing in the payday giant...

Payday Lenders 'Running Riot Through Our Communities'

The Huffington Post UK | Asa Bennett | Posted 05.11.2013 | UK Politics

Ed Miliband has launched a savage attack on Britain's "Wonga economy" as he warned that payday lenders were "running riot through our communities". ...

Miliband Declares War On Wonga

The Huffington Post UK | Asa Bennett | Posted 17.10.2013 | UK Politics

Payday lenders such as Wonga would face higher taxes under a Labour government in order to help their credit union rivals, Ed Miliband is to announce....

Coming To Your Cinema: Wonga The Movie

The Huffington Post UK | Asa Bennett | Posted 15.10.2013 | UK

Wonga is set to release its own feature film at the end of this year which could be shown in cinemas and on television. The firm, which made over ...

Why Has the Church Of England Bought 300 RBS Branches?

The Huffington Post UK | Asa Bennett | Posted 27.09.2013 | UK Politics

A Church of England consortium has bought 314 branches of the Royal Bank of Scotland in a £600 million deal. Church-backed consortium Williams & G...

How Many Adults Needed A Loan Last Year?

The Huffington Post UK | Asa Bennett | Posted 20.09.2013 | UK

More than one in five Britons have had to take out loans in order to put food on the table and meet their energy bills, research has found. Around ...

Which Payday Lender Is The Most Expensive?

The Huffington Post UK | Asa Bennett | Posted 17.09.2013 | UK

Payday lenders are up in arms about one particular bit of industry legislation, which legally obliges them to advertise their annual percentage rate (...

'Shocking' Threefold Rise In Payday Loans In Past Year

PA | Posted 09.09.2013 | UK

Workers are borrowing £660 a month to make ends meet, three times as much as a year ago, "shock" new figures have revealed. A study by the Unite u...

Wonga Chief Mocks Archbishop Welby's Rival Credit Unions

The Huffington Post UK | Asa Bennett | Posted 17.10.2013 | UK

Credit unions, the financial groups championed by the Archbishop of Cantebury Justin Welby, would need state support to rival payday lenders, the boss...

Wonga Rakes In More Than £1m A Week

The Huffington Post UK | Asa Bennett | Posted 03.09.2013 | UK

Payday lender Wonga made more than £1 million per week over 2012 despite the firm being caught up in controversy over its interest rates. Errol Da...

What Kind Of Week Has It Been? 19 July 2013

Paddy Duffy | Posted 24.09.2013 | UK Politics
Paddy Duffy

This week's news has been a bit like one of those Oprah's Favourite Things Episode, with every story either ornately ridiculous, scarcely believable or causing mass gasps and borderline hysterics. Let's start low and go from there.

Wonga ‘Are The Real Taliban Bankers'

The Huffington Post UK | Asa Bennett | Posted 25.07.2013 | UK Politics

Vince Cable should be focusing his “moral outrage” on payday lenders like Wonga, as they are the "real Taliban bankers", a Tory MP has said. Br...

'My Maths Isn't Good Enough'

The Huffington Post UK | Jessica Elgot | Posted 17.01.2013 | UK

Wonga's head of regulatory and public affairs has told a committee of MPs that he could not work out the interest on a loan from his own company becau...

Families Going Without Food To Pay Back Payday Loan Debts

The Huffington Post UK | Jessica Elgot | Posted 13.11.2012 | UK

Thousands of people could be going without food, clothes and heating in order to pay back "payday loans", and the number of people taking on the credi...

Newcastle United's Wonga Deal and 5 Other Things Making Me Hate Football

Sean O'Meara | Posted 10.12.2012 | UK Sport
Sean O'Meara

It was firstly about the cost, which made me feel detached from the game, but it was more about value. Football made me feel ripped off more often than not. But now, I'm genuinely starting to dislike the game that gave me my first heroes, the game that I spent so much time playing, watching and talking about it. The news that Wonga, the loan company with the outrageous interest rates, had bought the naming rights to Newcastle United's Sports Direct Arena has probably sealed the deal for me.

The Myopia of Regulating Pay-Day-Loans

Alan Moore | Posted 10.07.2012 | UK
Alan Moore

Recently the government made a big fuss via the mainstream media that it was 'taking decisive action' in regulating pay-day-loans, loan sharking and c...

'Body Bag' Advert Follows Whitney Houston Preview On Channel 5

Huffington Post UK | Michael Rundle | Posted 20.04.2012 | UK Entertainment

Channel 5 have apologised after a potentially inappropriate advert followed a trailer for a programme about the death of singer Whitney Houston. Th...

Short-Term Lender Wonga Pulls Student Loans Article After NUS Pressure

PA | Posted 12.03.2012 | UK Universities & Education

Short-term lender Wonga.com tonight announced it is taking down information on student finances from its website following accusations it was encourag...