Archive for the ‘payday money center pay day loan’ Category

Wonga debt that is chased fake law offices, says FCA

Payday loan provider Wonga need to pay Р’Р€2.6m in compensation after giving letters from non-existent law offices to clients in arrears.

The letters threatened action that is legal however the lawyers were false. In a few full cases Wonga included costs of these letters to clients’ reports.

The town watchdog, the Financial Conduct Authority (FCA), said 45,000 clients could be paid.