FabSwingers.com forum: wonga

By *good-being-bad OP Man
over a year ago

mis-types and auto corrects leads cock leeds

Maybe no longer...

Looks like the payday loan company is heading to administration.. debt of around 130 million ..

By (user no longer on site)
over a year ago

Ironic if they can’t pay back their debts..

I don’t know what to make of this to be honest, to some they offer an important and valued service - but for others they help perpetuate their financial issues with their exorbitant interest rates. So not sure if I’m pleased or not ..

By *gnitemybodyWoman
over a year ago

Onestepoutofthedoor

Wasn't you going to bed?

By (user no longer on site)
over a year ago

They have there use. If you cant get a loan from a bank etc because you are deemed a high risk then thats where people go.

Flip side of this is obviously these people are high risk and unlikely to pay back the loans. Hence the situation they are in.

What would happen though now if you were to get a loan from them and then they went into administration. Would the loan need to be paid back !!

By (user no longer on site)
over a year ago

"They have there use. If you cant get a loan from a bank etc because you are deemed a high risk then thats where people go.

Flip side of this is obviously these people are high risk and unlikely to pay back the loans. Hence the situation they are in.

What would happen though now if you were to get a loan from them and then they went into administration. Would the loan need to be paid back !!

Administration company wouldn’t let all that debt go. They’d sell the debt and those poor buggers paying it back would just be paying a different company,