UK’s payday lender that is biggest Wonga ‘on the brink of collapse’. Investors provided money injection of ВЈ10m weeks ago as firm faced legacy loan claims
Investors offered money injection of ВЈ10m weeks ago as firm faced legacy loan claims Marchers protest against pay day loan businesses in London. Wonga is apparently dealing with a flooding of claims. Photograph: Carl Court/AFP/Getty Pictures Marchers protest against cash advance businesses in London. Wonga is apparently dealing with a flooding of claims. Photograph: Carl Court/AFP/Getty Images Britain’s biggest payday lender, Wonga, is teetering in the brink of collapse adhering to a rise of client payment claims in current months which could lead it to get in touch with administrators. The loan that is short-term has apparently prearranged accountancy company […]