Wonga collapse actually leaves Britain’s other payday lenders in firing line

LONDON (Reuters) – The collapse of Britain’s biggest payday loan provider Wonga probably will turn the heat up on its competitors amid a rise in grievances by clients and phone phone phone calls by some politicians for tighter legislation. Britain’s poster youngster of short-term, high-interest loans collapsed into administration on Thursday, just months after increasing 10 million pounds ($13 million) to greatly help it deal with an escalation in payment claims.

Wonga stated the rise in claims had been driven by alleged claims administration businesses, organizations which help consumers winnings settlement from companies. 続きを読む Wonga collapse actually leaves Britain’s other payday lenders in firing line