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Wonga

crispybug2crispybug2 Posts: 2,915
edited September 2018 in The cake stop
Could well be about to go tits up!

Anyone want to express any sympathy for them?

Suspect the answer will no and good riddance to them

Posts

  • haydenmhaydenm Posts: 2,903
    They must have got into debt or something...
  • slowbikeslowbike Posts: 8,498
    perhaps they should get a loan ....
  • FocusZingFocusZing Posts: 4,380
    Credit for the thread.
  • haydenmhaydenm Posts: 2,903
    Maybe they should borrow some money from Quickquid at 1294.1% APR, it's a slightly worse rate than Wonga offer but not by much
  • crispybug2crispybug2 Posts: 2,915
    FocusZing wrote:
    Credit for the thread.

    DON’T DO THAT TO ME!!!

    I can’t afford the repayments
  • mr_goomr_goo Posts: 3,755
    crispybug2 wrote:
    Could well be about to go tits up!

    Anyone want to express any sympathy for them?

    Suspect the answer will no and good riddance to them

    Have gone tits up.
    Good riddance too.
    Always be yourself, unless you can be Aaron Rodgers....Then always be Aaron Rodgers.
  • MatthewfalleMatthewfalle Posts: 17,380
    they have gone but people are still saddled with the loans and the rates - alk they are doing now is paying the administrators not wonga

    #toriesdon'tgiveafuck
    Postby team47b » Sun Jun 28, 2015 11:53 am

    De Sisti wrote:
    This is one of the silliest threads I've come across. :lol:

    Recognition at last Matthew, well done!, a justified honour :D
    smithy21 wrote:

    He's right you know.
  • oxomanoxoman Posts: 8,848
    They won't be missed, apart from the poor sods that worked for them at ground level I have no sympathy with them going under. Hopefully by going bump the debtor's can renegotiate the rates or get better credit elsewhere.
    Too many bikes according to Mrs O.
  • robert88robert88 Posts: 2,696
    Wonga is dead, long live Wonga.

    Unfortunately the way we live now is with normalised debt and outgoings exceeding our incomings for very many. The demise of one payday lender won't change anything. Nor will Wonga's debtors be any better off - their debts won't vanish.
    People who used Wonga and the like went there because they couldn't get credit anywhere else. That won't change.
  • surrey_commutersurrey_commuter Posts: 12,671
    robert88 wrote:
    Wonga is dead, long live Wonga.

    Unfortunately the way we live now is with normalised debt and outgoings exceeding our incomings for very many. The demise of one payday lender won't change anything. Nor will Wonga's debtors be any better off - their debts won't vanish.
    People who used Wonga and the like went there because they couldn't get credit anywhere else. That won't change.

    What will change is that they end up borrowing from an even worse option
  • mouthmouth Posts: 1,195
    slowbike wrote:
    perhaps they should get a loan ....


    6000% interest suit you?
    The only disability in life is a poor attitude.
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