Wonga’s future after £220m write-off
- 5 years ago
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Wonga is wiping out the debts of 330,000 customers following the introduction of new lending criteria, in a move that brings yet more pain for the UK's biggest payday lender. The FT’s Emma Dunkley and Sharlene Goff discuss Wonga’s viability.
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Wonga is wiping out the debts of 330,000 customers following the introduction of new lending criteria, in a move that brings yet more pain for the UK's biggest payday lender. The FT’s Emma Dunkley and Sharlene Goff discuss Wonga’s viability.
For more video content from the Financial Times, visit http://www.FT.com/video
Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes