..... off customers debts "Wonga to write off £220m of customer debts." http://www.bbc.co.uk/news/business-29457044 How can the government allow loan shark companies, like Wonga, to give money to people who are obviously incapable of repaying? How can they encourage a South African Jew to prey on the vulnerable poor of this country? What's in it for them?
from the Mirror 'Another person benefiting from Wonga.comâs success is venture capitalist Adrian Beecroft, a major donor to the Tory party, having handed over £593,000 since David Cameron became leader. Mr Beecroft is chairman of Dawn Capital, which has a large stock in Wonga Group. Latest accounts show the company, which is now worth £384m, was worth a mere £17m in December 2010'
Sadly I think you're right, the whole thing says 'stitch up' imo. If only people would find available finance with '[email protected]' then everyone would benefit
And there's the problem with this country in a nutshell mate. This company hasn't created a thing, produced anything of value or employed anyone on decent wages other than 'Cameron Club' members. The millions it has 'earned' is simply taxation of the weak & gullible amongst us ....... ...... the fact that one man involved has given Cameron over half a million says it all. The weak & gullible on Tyneside cheer for a player paid for by Wonga, the same outfit that bleeds some of them dry. In short, it ****ing stinks.