An ad for payday lender Wonga has been banned for breaching regulations by failing to disclose the relevant cost of borrowing
Wonga is to write off the debts of hundreds of thousands of customers after admitting it made loans to people who could not
Controversial payday lender Wonga is expected to report a sharp fall in profits when it publishes its full-year results tomorrow
Many parents believe payday loan companies are using children's 'pester power' to pressure them into taking out loans. This is putting families that are already struggling to make ends meet under even greater stress, and can plunge them into debt.
Copywriters are called upon to write about many things. For the most part, their political and socio-economic views are of
Payday loans are leaving thousands more people struggling with their debts in the past year, figures show. Debt charity StepChange
Companies design for planned obsolescence - so that products breakdown forcing us to buy more and more often. But it was us that created psychological obsolescence. We want the newest, shiniest whatever the second it is available regardless of whether the slightly older, slightly less shiny thing is still working perfectly or is in no way demonstrably inferior.
Imagine what it would be like if Wonga commercials were brutally honest? We did... (Video for HuffPost UK Comedy by David
Payday lenders are "bombarding" debt-ridden families with unsolicited marketing calls pushing them to take out more loans
People using payday lenders are to see the cost of borrowing fall significantly under a crackdown announced by the financial