News that Wonga is teetering on the brink of collapse has left many customers wondering if they will have to repay their loans in the event that the company goes into administration. The slow death of ...

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 ...

The short-term lending website Wonga is having a tough time getting people to believe its mantra of being "the good guys." A month later, he says, he found out what really happened: I’ve learned from ...

Wonga.com, the startup that has started to change the face of short-term lending in the UK, has closed a $22.25m round of funding led by Accel Partners and Greylock Partners, with the support of its ...

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 ...

Controversial “payday” lender Wonga has suffered a major data breach in which the personal information of more than a quarter of million customers may have been pinched by malefactors. However, the ...

London tabloids have characterized Errol Damelin, founder of online lender Wonga.com, as a high-tech loan shark “laughing all the way to the bank.” Incoming Archbishop of Canterbury Justin Welby says ...

Can computers make better decisions than humans? One tech firm says they already do when it comes to lending money. Wonga.com is a short-term lending Web site that uses an algorithm and thousands of ...

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UK Payday lender Wonga has issued a statement instructing customers to contact their banks as a matter of urgency, after confirming a data breach earlier on Sunday. "We believe there may have been ...

Wonga is a UK based startup which provides loan amounts of between £50-£750 which are to be repaid within 1 month. The company, launched officially mid last year, allows new members to borrow up to ...