Dear Wonga.Com, Finding it hard financially? Do YOU need a loan to tide you over your cashflow troubles? Financial boiler just blown up? You can fix it today with an instant loan from everyone else in the country. All you have to do is ask and the money to solve all your problems will instantly be in your account! It's just a phone call away! Why not call now? It's all free*! * Terms and conditions apply. Loan will be free except for admin fee of 65% of loan amount, charged per day and multiplied by the number of Rs in the month, plus interest fee (typical APR 97,478,209%) and loan reservation fee of 6,000% of loan amount per day per pound per Wonga employee. Wonga's board of directors will alos be required to walk in sackcloth and ashes through every high street in the country whilst dressed in sackcloths and ashes whilst being pelted with rotten fruit and receiving not less than one lash of the whip for each pound in loan received until it's all paid off. These terms and conditions subject to amendment according to the public's will and desire for vengeance.
A hideous, predatory business allowed to go without sufficient regulation far too long. Once it was suitably reined in by the FCA, it has shriveled like a salted slug.
In more positive news for capitalism: Wall Street hovers near record high S&P 500 loses some ground after opening above 2,900 for first time From the FT just now.
Half your head in shame whichever clever **** came up with these 'lovable puppets' to normalise and trivialise getting into debt forever.