LONDON (Reuters) - British online payday loans provider Wonga.com launched a credit service for small businesses on Monday, aiming to fill a gap in the market left by banks, which have reined in ...

Payday loan firm Wonga has had a television advertisement banned after the advertising watchdog branded it “misleading”. The ad featured two puppets having a conversation about the cost of a Wonga ...

Short-term, high-interest lender Wonga was one of Britain's most controversial and fastest-growing businesses. The government forced it to write off hundreds of millions of pounds in loans in 2014 and ...

Payday loan firm Wonga has suffered a data breach affecting up to 245,000 customers in the U.K. A further 25,000 customers in Poland may also be affected, according to the BBC. A notification on Wonga ...

All Wonga customers who are 30 days or more in arrears on their loans will have the balance completely written off, while all customers who are in arrears of up to 29 days will have the interest and ...

LONDON (Reuters) - Wonga's chief executive said he doubted the Anglican Church would be able to put his company out of business as the loan provider - which charges an annual interest rate of 5,853 ...

The controversial short-term lender saw pre-tax losses grow from £38.1 million in 2014 to £80.2 million and is expecting to record a loss for 2016. The company has overhauled the way it assesses ...

Update: That’s it for Wonga’s UK business. The beleaguered payday loans company has just confirmed it’s gone into administration. Although it says its overseas businesses are continuing to trade — at ...

After months of difficulties, payday loans platform Wonga has gone into administration. The company, which provided loans with interest rates of up to 5800 per cent, crashed after it struggled to fund ...