The payday lender that makes a point of its selectivity has nonetheless seen write-offs rise to 41% of revenues A visit to Wonga.com, the website of the fast-growing online payday lender, is a seductive experience. "We know you just searched for payday loans - you might be glad you found us! We are different ..." With Wonga, the borrower is saved the indignity of queuing at a high street store such as Money Shop or Cash Converters, or the intrusion of a doorstep lender calling at their home. "Wo...
The payday lender that makes a point of its selectivity has nonetheless seen write-offs rise to 41% of revenues A visit to Wonga.com, the website of the fast-growing online payday lender, is a seductive experience. "We know you just searched for payday loans - you might be glad you found us! We are different ..." With Wonga, the borrower is saved the indignity of queuing at a high street store such as Money Shop or Cash Converters, or the intrusion of a doorstep lender calling at their home. "Wo...
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