John Talbot, 38, from Peckham in London, had been kept struggling to cover the bills after two Wonga loans worth ?600 triggered their finances to spiral out of control
A DAD-of-two was refunded significantly more than ?3,750 with a loan he could maybe maybe not pay for.
John Talbot, 38, from Peckham in London, was able to get all their cash back – including all interest and fees that are late from two Wonga loans worth ?600 which he took down six years back.
He is certainly one of millions of Brits who will be owed payment from a lender that is payday got loans they are able to perhaps maybe not manage to pay off.
In 2015, the town watchdog The Financial Conduct Authority introduced a cost cap for payday lenders to prevent clients repaying significantly more than twice as much amount they initially borrowed. Continue reading