It’s a week until payday at your job, the rent and bills are due, and you don’t have the cash. What do you do? Wonga, which has just raised $6 million from Balderton Capital, wants you to come to them ...
Update: That’s it for Wonga’s UK business. The beleaguered payday loans company has just confirmed it’s gone into administration. Although it says its overseas businesses are continuing to trade — at ...
Wonga, the company once dubbed by UK lawmakers as a “legal loan shark” is in dire straits, and is almost certain to enter administration. In preparation for this delightful and long overdue event, we ...
After months of difficulties, payday loans platform Wonga has gone into administration. The company, which provided loans with interest rates of up to 5800 per cent, crashed after it struggled to fund ...
If you were at Disrupt London four years ago you may remember more than a little awkwardness during an investor panel when two VCs that had invested in European payday loans firm Wonga declined to ...
Wonga has gone into administration, marking the end of the road for the UK's largest payday loan firm. Below you can read MoneySavingExpert.com founder Martin Lewis's view. Before we hear from Martin, ...
Cash-strapped Matthew Skeen has been saddled with £12,000 of debt after getting hooked on loans after borrowing money from high-interest lenders. Now, he is warning others to steer clear as he tries ...