Last week, the CFPB announced that it is considering a proposal that would require payday lenders to take additional steps to ensure...

Wonga has slumped to a £37M annual loss after a clampdown by UK regulators on payday lending. As part of Wonga’s effort to transform its...

The Bureau's new rules are expected to address expensive credits backed by car titles and some installment loans that stretch longer than...

More than 1 million UK borrowers benefited from the Jan 1 regulations introduced by the FCA. Payday loans will now be capped at 0.8% a...

The interim chief executive of troubled UK payday lender Wonga, who was appointed to bring stability while the firm searched for a...

Profits at payday lender Wonga have fallen by more than half, forcing them to ditch their sponsorship of Newcastle United FC. In the year...

Now that's not a headline I expected to see! Maybe the hot water they landed in last week with the UK Advertising Watchdog got them to...

Wonga just got into trouble in the UK with this advert, but... Using a bank overdraft can be as expensive as a payday loan. According to...

An interesting new twist for the UKs hugely profitable payday loan market.