Wonga

Tom Moseley

Wonga Wants To Help Fix The Economy

HuffingtonPost.com | Tom Moseley | Posted 11.05.2013 | UK

Controversial payday loans company Wonga wants to team up with the government to get the economy growing, a collection of lobbying letters reveal. ...

'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...

Tech City: An Insider's Introduction to the People of the Roundabout

Reuben Sagar | Posted 11.02.2013 | UK Tech
Reuben Sagar

The past couple of weeks have been big ones in this small, traffic junction heavy part of London. Silicon Roundabout has cemented its position as the centre of the UK's tech industry.

Alternative Finance in 2012 - A Year in Review

Anil Stocker | Posted 02.02.2013 | UK
Anil Stocker

While the banking sector continues to flounder amid increasing regulatory scrutiny, London is once again at the forefront of financial innovation as a number of young companies forge ahead in trying to solve many of the pressure points associated with standard banking products.

Pressure Mounts For Curbs On 'Legal Loan Sharks'

The Huffington Post UK | Jessica Elgot | Posted 27.11.2012 | UK

Pressure is mounting on the House of Lords to approve tough new regulations for payday lenders like Wonga, as more than 40,000 people sign a petition ...

It's Expensive Being Poor - The Punitive Nature of Poverty

Sean O'Meara | Posted 26.01.2013 | UK Lifestyle
Sean O'Meara

In 1999, T.V Smith, founder of the pioneering punk band The Adverts, sang "And I pay more for my food 'cause the supermarket's too far... It's expensive being poor because everything costs more." He had a point.

Wonga Apologises For Email Promising 'Wonders' On Credit Ratings

PA/The Huffington Post UK | Posted 23.11.2012 | UK

Payday lender Wonga has apologised after sending emails implying that one of its loans could "do wonders" for people's credit ratings. Consumer hel...

Labour MP 'Trolled On Twitter By Wonga Employee'

The Huffington Post UK | Posted 21.11.2012 | UK

Payday loans company Wonga is investigating claims one of its employees called Labour MP Stella Creasy a "self-serving egomaniac" on Twitter. Acco...

Jessica Elgot

'I Made £50 Profit From A Payday Loan'

HuffingtonPost.com | Jessica Elgot | Posted 13.11.2012 | UK

Payday loans companies charge high late payment fees, interest rates of around 4000% APR, and can push many people deeper into a spiral of debt which ...

We Need to Protect Consumers From These Legal Loan Sharks

Stella Creasy | Posted 13.01.2013 | UK Politics
Stella Creasy

Today's evidence from R3, the insolvency practitioners, that the rapid and rabid growth of Britain's payday loan industry is leading people to go hungry in order to repay these debts, is saddening but not surprising to me.

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...

Show Wonga the Red Card

Carl Packman | Posted 11.12.2012 | UK Politics
Carl Packman

We must concentrate on the causes as well as the symptoms of the financial crash, debt and poverty in the UK. But this in no way means we should not criticise Wonga and pour scorn on Newcastle United for accepting their cash and granting them more legitimacy.

Newcastle Strike Four-Year Deal With Wonga

The Huffington Post UK | Samuel Luckhurst | Posted 09.10.2012 | UK Sport

Newcastle United has agreed a £24m, four-year sponsorship deal with short-term loans company Wonga, much to their supporters' dismay. As well as g...

Payday Lender Wonga Sees Profits Rise 225%

PA/The Huffington Post UK | Posted 17.09.2012 | UK

Payday lender Wonga has seen profits surge after approving nearly 2.5 million short-term loans in its last financial year. The company has faced ac...

Ant And Dec Embroiled In Sponsorship Row

PA | Posted 08.08.2012 | UK Entertainment

TV favourites Ant and Dec are facing a Twitter backlash after it emerged the new series of Red or Black will be sponsored by payday loan firm Wonga. ...

'The Debt Disease': Fresh Warning Over Payday Loans

PA/The Huffington Post UK | Posted 27.06.2012 | UK

Workers are increasingly turning to payday loans firms because their wages run out before the end of the month, creating a "debt disease" which is spr...

Wonga Rapped For 'Aggressive And Misleading Practices'

PA/The Huffington Post UK | Posted 22.05.2012 | UK

Payday lender Wonga.com has been criticised by the trading watchdog for using aggressive and misleading debt collection methods. Wonga suggested in...

Are Business Loans From Wonga Really So Bad?

Julia Kukiewicz | Posted 09.07.2012 | UK
Julia Kukiewicz

The news that Wonga will soon start offering payday loans to businesses this week was almost drowned out by the sound of tuts. Labour MPs attacked T...

Pay Day Loans Firm Wonga Sets Its Sights On Small Businesses

The Huffington Post UK | Dina Rickman | Posted 07.05.2012 | UK

Controversial pay day loans company Wonga is targeting Britain's small business with the launch of a new service to give companies "an instant cash fl...

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...

Wonga Pressured To Withdraw 'Irresponsible' Student Loan Drive

PA/Huffington Post UK | Posted 11.01.2012 | UK Universities & Education

Short-term money lender Wonga.com has been branded "highly irresponsible" for encouraging students to take out one of its high-interest loans. The ...