Those who were mis-sold loans by the payday lender Wonga have already been told they are owed that they will receive just 4.3% of the compensation.
Administrators have actually started informing around 400,000 claimants by page, a few of who have actually reacted in dismay.
Before its collapse, Wonga had been vilified for the high-cost, short-term loans, regarded as focusing on the susceptible.
Commenting regarding the financial obligation advice forum Debt Camel, one ex-customer called it an “utter disgrace”.
“Lives have now been ruined by these loans. Continue reading “Wonga borrowers ‘to get 4.3% of payment claims’”