Cash Chats 530 | The story of Wonga: the rise & fall of payday loans

The podcast to help you make the most of your money

This week on Cash Chats, host Steve Alderton and Editor of BeCleverWithYourCash.com James Andrews are talking about the rise and fall of Wonga and the payday loan revolution. Wonga and their counterparts arrived with a bang and set about disrupting the loan game with quick, easy short term loans and lets not forget the sliders! However, things didn’t take long to unravel and soon the empire came crashing down. But what exactly went wrong?

This weeks episode is sponsored by Charles Stanley

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The music used on Cash Chats is Easter Island by Lonely Punk and provided on a creative commons licence.