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  1. 2nd October 2014 #1
    Terpe
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    Lightbulb Wonga to write off £220m of customer debts

    Payday lender Wonga says it is writing off £220m of debts for 330,000 customers after putting in place new affordability checks.

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  2. 2nd October 2014 #2
    les_taxi
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    Robbing gits - serves 'em right!
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  3. 2nd October 2014 #3
    grahamw48
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    Yep these thieving grasping robbing cowboy parasites have finally got their cum-uppance.

    Couldn't have happened to a bigger bunch of s

    Next...the ones who've led to everyone paying through the nose for car insurance.
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  4. 2nd October 2014 #4
    Ako Si Jamie
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    As Dedworth would say "Today's Good News"!
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  5. 3rd October 2014 #5
    Arthur Little
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    Quote Originally Posted by Ako Si Jamie View Post
    As Dedworth would say "Today's Good News"!
    ........................................ ! It IS ... ... for some 330,000 of Wonga's misled borrowers in arrears.
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  6. 3rd October 2014 #6
    Arthur Little
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    Quote Originally Posted by Terpe View Post

    Wonga's chairman Andy Haste, who joined the company in July, said a review of lending practices had shown the need for change at Wonga was "real and urgent", and new stricter lending criteria would mean "accepting far fewer applications from new and existing customers".
    Evidently the new Company Chairman will "hasten" to minimise all possible risk of any future repercussions ... 's for sure!
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  7. 3rd October 2014 #7
    SimonH
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    £220 Million my

    It's probably about £24.50 before their interest charges
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