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...
Follows McVey's resignation
Schroders and Aviva Investors
LightTower Partners, Seneca Partners and Unicorn AM
Integration with Money Dashboard
View from the front row