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Wonga, which sponsors Blackpool Football Club, is keen to avoid the sobriquet of "payday loan company", and says its ... company's customers have previously used an equivalent online or short-term loan product before coming to Wonga. Instead, they're ...

Payday loans: legal loan-sharking or a better bet than the banks?

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Payday loan companies are expected to see a surge in demand over Christmas and next year as Britons struggle with their finances, a report has claimed. Insolvency trade body R3 found that 7% of people it surveyed, potentially equating to 3.5 million ...

More Britons turn to payday loans

has consulted with several payday lenders. “They’re all growing as fast as they can pump money into their loan books,’’ he said. Earlier this year, Mr Falconer helped the founders of a small online UK lender called Fortress Group sell the business ...

Payday sector in search of new frontier

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