Wonga is to pay more than £2.6m to around 45,000 customers for "unfair and misleading" debt collection practices following an investigation by the regulator.
The payday lender was found to have sent letters to customers in arrears from non-existent law firms, threatening legal action, according to the probe by the Office of Fair Trading (OFT) and taken forward...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till