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What Happens To Your Wonga Debt After The Companys Collapse And What Are The Compensation Claims | AutoTraffic
Wonga’s collapse and what it means for the people who rely on payday loans
Wonga, the poster-boy of the British payday lending industry, has gone into administration following an influx of customer compensation claims. Its demise is a ... in accessing a payday loan from anot... read more
Canada's Subprime Lenders Collapse; Has The Bubble Popped?
What happens with the big five banks? It's long been argued that Canada's housing market is immune to normal financial rules, such as debt ... compensation for it (other than from Seeking Alpha). I ha... read more
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Whatever happens ... creating a company owned mostly by GE. Regulators approved the deal last July; Baker Hughes stock quickly fell and has yet to reach the price it hit that summer, even as oil price... read more
Wonga collapses into administration
The payday lender's filing confirmed Sky News' report on Sunday , that the company was on the brink of collapse following a deluge of customer compensation claims. Wonga's collapse also comes weeks af... read more
Wonga stops taking payday loan applications as it faces collapse
Wonga has stopped taking new loan applications as the struggling payday lender faces collapse. The firm revealed this ... The firm has reportedly lined up potential administrators after a surge in com... read more
Parent Company Of New Haven Register, Shoreline Times Files For Chapter 11, Again
The Courant reports that some experts see this as an effort to move more quickly towards a "digital-only" company: "The Journal-Register Company is deploying bankruptcy as a tool to clear away the deb... read more
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Recession Reality Check
"When you have stocks, you have individual companies that want to make money. And [CEOs] want to make more money because the more money they make, the more their compensation ... your bank about possi... read more
It's About Time David Einhorn Took Action With SunEdison - What To Expect
The fundamentals of the market had greatly shifted after the collapse in oil prices and investors are ... injection due to the presence of already too many competing debt claims on the company. While ... read more
Check insurance around the holidays
Officials with emergency preparedness organizations and insurance professionals agree, many people don’t know what their policies cover until after an emergency happens ... from trees or other falling ... read more
Payday lender Wonga collapses into administration
Payday lender Wonga has collapsed into administration, bringing down the curtain on one of Britain’s most controversial loans companies. The firm’s collapse has ... £220 million-worth of debt belongin... read more
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Payday lender Wonga collapses into administration amid deluge of customer compensation claims
The firm's folding confirmed Sky News' report on Sunday that the company was on the brink of collapse following a deluge of customer compensation claims. Wonga's descent ... off £220m worth of debt be... read more
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