Some of those affected have branded it "disgusting".
The cost of Christmas becomes even more acute for low income households, many of which are struggling to cover normal household bills without the extra cost of the holiday season.
'Wonga will not be accepting any new loan applications.'
Low wages, precarious work, punishingly high rents - let's build an economy that works for people and doesn’t rip them off
However, the thematic review should have been much clearer about when non-compliance was identified and whether the firms responsible are still trading. Until we tackle the institutional misrepresentation of the industry it will be difficult for consumers to break free of out of date financial services and embrace new technology and new attitudes to financial management.
People using payday lenders are to see the cost of borrowing fall significantly under a crackdown announced by the financial
Wonga's grandparent puppets, stars of the controversial payday lender's recent adverts, are to be axed as part of the firm's
Britain's biggest banks are hitting customers with legal threats from what appear to be independent lawyers, but are actually
Wonga could face a criminal investigation after it emerged that the payday loans giant had sent "thuggish" legal letters
Controversial payday loans giant Wonga will have to pay around 45,000 customers more than £2.6 million in compensation for