MoneySavingExpert News

Wonga

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

MoneySavingExpert.com has compiled a 'fake' letter ranking based on the debt collection letters we've received

1 August 2014

Payday lender The Money Shop lent thousands too much money, watchdog rules

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

14 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

8 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

4 July 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

27 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 June 2014

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

25 July 2013

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

5 December 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

22 November 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

10 October 2012