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Wonga declares £37.3m loss after accidentally borrowing a fiver from itself.


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http://newsthump.com/2015/04/21/wonga-declares-37-3m-loss-after-accidentally-borrowing-a-fiver-from-itself/

 

"Wonga’s CEO, Norman Bugger-Crumpets, said “The irony isn’t lost on us.”

 

“I’ve begged our collections team to let us off the hook, but we’ve programmed them to be single-minded heartless w*nk-pheasants of the highest order.”

 

“They’ve told us we either have to pay up, or some thoroughly terrifying men will come to take anything that isn’t nailed down, and maybe have a go on my wife.” "

 

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These companies should never have been allowed to be set up and operated in the way they have. If these short term loan companies disappear, I think the country would be better off. The alternative would be for the government to help more local credit unions to be set up and to even allow them access to cheap money to loan out.

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