Wonga’s collapse and exactly exactly just what it indicates when it comes to social those who depend on pay day loans

Wonga’s collapse and exactly exactly just what it indicates when it comes to social those who depend on pay day loans

Analysis Fellow, Coventry University

Disclosure statement

Lindsey Appleyard gets funding from RCUK, Barrow Cadbury Trust, Carnegie UK Trust in addition to cash guidance provider

Coventry University provides capital as being a known user for the discussion British.

The discussion UK receives funding from all of these organisations

Wonga, the poster-boy associated with the british lending that is payday, moved into management after an influx of consumer payment claims. Its demise is because federal federal federal government legislation to reform the loans that are payday in preference of the customer. Continue reading «Wonga’s collapse and exactly exactly just what it indicates when it comes to social those who depend on pay day loans»