• For approximately 330,000 customers who are in arrears of 30 days plus, as at 2 October 2014, Wonga has agreed to write off all outstanding debt
• Approximately 45,000 customers who are in arrears of up to 29 days, as at 2 October 2014, will be asked to repay their debt without interest and charges, and will be given an option of paying off their debt over an extended period of four months
Wonga announces major customer forbearance programme and strengthens affordability checks to ensure sustainable lending Wonga Group today announces significant changes to its UK consumer loans business, Wonga.com, including: • A major customer forbearance programme • A strengthening of the lending criteria for Wonga.com to address issues of affordability and repeat borrowing • The move to […]
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• Approximately 45,000 customers who are in arrears of up to 29 days, as at 2 October 2014, will be asked to repay their debt without interest and charges, and will be given an option of paying off their debt over an extended period of four months
Wonga announces major customer forbearance programme and strengthens affordability checks to ensure sustainable lending Wonga Group today announces significant changes to its UK consumer loans business, Wonga.com, including: • A major customer forbearance programme • A strengthening of the lending criteria for Wonga.com to address issues of affordability and repeat borrowing • The move to […]
More...
Wonga to write of 330,000 customers debts and let a further 45,000 off the interest
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