Wonga 2.0? meet with the breed that is new of loan providers. It discovered those making use of such credit tend become on low incomes and sometimes in insecure jobs with irregular work habits

Wonga 2.0? meet with the breed that is new of loan providers. It discovered those making use of such credit tend become on low incomes and sometimes in insecure jobs with irregular work habits

Wonga has largely fallen right out of the news however it hasn’t kept the marketplace. Other loan providers currently have their base into the home. Photograph: David Levene/The Guardian

Final modified on Tue 17 Apr 2018 17.10 BST

The worst associated with lenders that are payday famed for providing short-term loans at sky-high interest levels, could have faded out, but susceptible Д±ndividuals are nevertheless being targeted with provides of loans with four-figure APRs. Read More