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03 Aug

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Martin Lewis on Wonga while the pay day loan fiasco

3 August, 2020 | By |

Martin Lewis on Wonga while the pay day loan fiasco

Mis-sold Wonga clients have already been legitimately robbed.

A week ago, over 350,000 previous Wonga customers, have been mis-sold loans that are payday heard they’re going to get a paltry 4.3% of whatever they had been owed following the company went into management.

So according to the cash Saving Professional Martin Lewis, this has to be considered a wake-up call proper and also require been mis-sold an online payday loan – DON’T WAIT to check on if you are due ?100s or 1,000s, or maybe it’s too late…

Is there such a thing those due Wonga money can do about receiving so little?

Wonga customers who had been granted payouts having been mis-sold their loans, are merely getting 4.3p per ?100 owed. So, somebody due ?2,000 gets simply ?86.

We yet others very long campaigned for pay day loan regulation, nevertheless when it came in 2015, which was far far too late. Read More