Wonga
The next credit crisis will hit consumers, not banks
Packman looks at the findings that the boom before the bust was caused by growth in the consumer credit market, and asks what happens when it inevitably fails.
Legal loan sharks are licking their lips as the social fund is scrapped
Pete Jefferys of the Co-op party explains why the scrapping of the social fund - is playing into the hands of the legal loan sharks like Wonga and Oakam.
Ignore Wonga’s spin; they’re still targeting students
Alex Hern covers the continuing deceit of Wonga over their targeting of students for their payday loans
Wonga target students with friendly advice: Take our 4000% loan
Alex Hern reveals the outrageous attempt by Wonga to encourage students to take out payday loans.
Government needs to find a way to tackle high-cost lending
Johann Lamont writes about the necessity of fighting the legal loan sharks who prey on the vulnerable poor.
4,214 per cent APR. Interested?
Byron Orme takes the short term loan lenders to task for their ridiculous interest rates.