Online payday loans company, Wonga, which pitched itself as a technology startup and attracted investment from multiple high profile tech investors, yesterday agreed to write off the loans of 330,000 ...

News that Wonga is teetering on the brink of collapse has left many customers wondering if they will have to repay their loans in the event that the company goes into administration. The slow death of ...

The UK's biggest payday lender, Wonga, is in trouble. Its profits have fallen by 53%. But that is the least of its worries. Wonga lends small amounts of money on a very short-term basis at interest ...

The unpleasant and unethical excesses of the U.K.’s payday loans party are unravelling, as new regulator, the Financial Conduct Authority (FCA), gets to grips with the sector. The latest being forced ...

Controversial “payday” lender Wonga has suffered a major data breach in which the personal information of more than a quarter of million customers may have been pinched by malefactors. However, the ...

What do the Archbishop of Canterbury and a Newcastle United footballer have in common? Apart from a similarly poor understanding of the offside rule, they have in recent times voiced a shared distaste ...

LONDON (Reuters) - Former RSA Insurance Group Chief Executive Andy Haste was on Monday appointed chairman of Wonga, tasked with pushing through changes at Britain's biggest payday lender which has ...

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 ...

Add Yahoo as a preferred source to see more of our stories on Google. Wonga, the payday lender which was once one of Britain's fastest-growing consumer finance companies, is on the brink of collapse ...

Payday lender Wonga has double-charged up to 7,000 customers following a technical glitch, leaving some unable to pay their bills – but while the firm will provide refunds and pay costs incurred by ...

London tabloids have characterized Errol Damelin, founder of online lender Wonga.com, as a high-tech loan shark “laughing all the way to the bank.” Incoming Archbishop of Canterbury Justin Welby says ...