What exactly is a loan that is payday exactly why are they therefore controversial?
The reassuring faces of Wonga, that provides loans beginning just 1 day ??“ but at a high price.
The Church of England’s claim it will probably undertake Wonga ??“ additionally the revelation that is subsequent its assets when you look at the firm ??“ have place the limelight right right back in the pay day loans industry. Wonga may be the best-known company running in this arena, providing short-term borrowing at high rates of interest. Just how does it all work?
