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It will be possible the management of Wonga played a task within the surge in cash advance complaints, with those that thought these people were badly addressed wanting to claim settlement by whining towards the ombudsman as opposed to Wonga’s administrators.

In March auditors give Thornton, who will be carrying out of the lender’s post-mortem, revealed significantly more than 40,000 those who borrowed from Wonga had been trying to make settlement claims during the right time it went bust. That has been over four times the number initially anticipated to be impacted.

Separate data posted a week ago by complaints website Resolver found consumer complaints about payday advances rose 419 % between 2017-18 and 2018-19.

Breadline Britain: FOI numbers formerly reported by this really is Money found Britons borrowed ВЈ1.2bn in payday advances in 2018. Weiterlesen

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