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Lenders News

Fast rising digital loan firm in administration

London - One of the U.K.’s fastest growing digital technology firms Wonga, which offered short-term loans at relatively high rates of interest, has gone in administration. The firm had been caught up in a series of compensation claims.

Show Me the Money

Everywhere we turn, we see ads for free money, bad credit loans, business startup loans, and many other forms of money that are said to be available. When it comes down to it, is it as easy to receive this money as they say on the ads?
 

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