Good news, payday lenders are out of fashion. The bane of gamblers and people who cannot manage their bank balance are going in the red. Legal loan shark firm Wonga have shown a £35 million loss. It has meant over 300 job losses, but, in the end this is good news because people who for […]
wonga
The Church v Loan Sharks
It was never going to be a equal fight but it is one that has to be had. Justin Welby, the archbishop of Canterbury, made a statement about aiming to bankrupt Wonga a legalised loan sharking company because it was making poor people even more poor with it obscene rate of interest which could be over […]
PayDay Loans Are Evil
There is a new craze sweeping Britain. It is about making money out of very gullible people. Something we should know is a little hustle here and a little hustle there, is quite good for people. But what this craze is doing is the systematic raping and pillaging of people who are so stupid that they […]