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Loan

World news about “Loan” published by euronews.

21/04 14:54 CET

Wonga posts profit loss as fewer lenders ask for loans

Wonga posts profit loss as fewer lenders ask for loans

Wonga, the British payday loan firm, has reported a loss of around 55 million euros. The short-term lender recorded a profit of the same amount in 2013 but last year was hit by a hefty drop in borrowing to UK customers. The firm also sparked controversy last year after…