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Wonga clears 330,000 debts

330,000 Wonga loans written off

Payday loans company writes off customer debts after fake legal letter scandal

Wonga, the payday loans company, will write off the debts of more than 330,000 customers after agreeing a forbearance plan with the Financial Conduct Authority (FCA). Wonga has agreed that: 330,000 customers who are currently in excess of 30 days in arrears, will have the balance of their loan written off and will owe Wonga nothing. 45,000 customers who are between 0 and 29 days in...

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