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Wonga increased to be UK’s leading payday loan company but concerns that men and women were facing personal loans they are able to never be able to pay back resulted in regulators slashing amounts these firms are permitted to charge

Wonga increased become britain’s most significant paycheck bank, with over one million active consumers in the level of its accomplishments – at the same time once the market would be originating under a blow of feedback.

A furore around techniques with the cash loans industry usually and worries that men and women comprise facing funding they might never afford to pay back resulted in regulators slashing the amount this sort of vendors are allowed to charge.

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