The MoneySaving Forum: join to chat & swap tips with other MoneySavers. Learn how in the Forum Introduction Guide

All news stories featuring 'Wonga'

Wonga busted by the FCA: 330,000 to have their loan wiped

2 October 2014

All Wonga customers who are 30 days or more in arrears on their loans will have the balance completely written off

'Halifax, Lloyds TSB and NatWest's fake letters as bad as Wonga's'

1 August 2014 has compiled a 'fake' letter ranking based on the debt collection letters we've received

Payday lender The Money Shop lent thousands too much money

14 July 2014

Over 6,000 borrowers who were lent more than they could afford are to be refunded a combined total of more than 700,000

For all important tips & news, get MoneySavingExpert's weekly emailFull of guides, deals and loopholes, it's free and spam free

Older News Stories

8 July 2014

Student Loans Company must stop 'misleading' debt collection tactics, Government says

A Government minister has told the Student Loans Company not to use 'misleading tactics' to collect debt

4 July 2014

300,000 graduates sent fake debt collection firm letters by Student Loans Company

The Student Loans Company's letter purports to be from a debt recovery firm called "Smith Lawson & Company"

27 June 2014

Is it just Wonga? Send us your debt demands from fake lawyers

MoneySavingExpert is calling for you to email us copies of any letters you've received from fake lawyers chasing debts

25 June 2014

Wonga to pay 2.6m after threatening borrowers with fake lawyers

Wonga pressured 45,000 customers into repaying payday loans by sending letters from non-existent law firms chasing debt

25 July 2013

Church of England trying to 'compete' Wonga out of existence

The Archbishop of Canterbury has told Wonga the Church of England wants to 'compete' it out of existence

5 December 2012

Payday loan costs can be capped by new watchdog

A Government amendment to the Financial Services Bill confirms the FCA will have the power to cap payday loan costs

22 November 2012

Wonga: Payday loans 'do wonders' for your credit rating... really?

The reality is often the opposite as many lenders view the fact you've used a payday or short term loan as a negative

10 October 2012

Anger at Newcastle United's Wonga sponsorship deal

The football club has signed a four-year deal with the company, but civic leaders and MPs have condemned the decision

27 June 2012

One in eight workers 'turn to payday loans'

Workers are increasingly turning to payday loans firms because their wages run out before the end of the month

22 May 2012

Wonga warned over aggressive debt collection

Payday lender Wonga has been ordered to stop aggressive debt-collection tactics or face a 50,000 fine

11 January 2012

Wonga branded 'morally offensive' for targeting students

The payday loan firm is at the centre of outrage for encouraging students to take one of its mega-expensive loans

23 September 2011

Wonga responds to US debt comparison jibes

After Martin's blog about how the cost of a high APR loan can spiral out of control, Wonga gives its side

Cheap Travel Money

Find the best online rate for holiday cash with MSE's TravelMoneyMax.

Find the best online rate for your holiday cash with MoneySavingExpert's TravelMoneyMax.