Nearly 2 PM and no Wonga thread?

[tractor]

...

I bet the 220m includes interest and late payment charges so the capital written off is likely to be somewhere in the region of 20p.

[vetran]

http://www.openwonga.com/uploads/ope...s_oct_2013.pdf

This is quite interesting :


Leaky data: How Wonga makes lending decisions | Charisma - Consumer Market Studies

As an example, here, via Google Analytics, are the top five mobile devices known to access the site:
1. Apple iPad
2. Apple iPhone
3. Samsung GT-I9100 Galaxy S II
4. Samsung GT-P5110 Galaxy Tab 2 10.1
5. RIM BlackBerry 9300 Curve 3G

hmmmm

For many of you, the loan amount initially displayed will change depending on how you use the site. If you’re interested, you can pursue the experiment further. Try deleting your cookies and revisiting the site. Or using different search engines to look for “payday loans” or “wonga” and follow the links. As you will see, the loan amount you are initially presented with sometimes, although not always, differs.
Based on my own experiments and a not very scientific Facebook survey amongst friends, the loan amounts users are initially presented with currently tend to be either £111 or £265, although I have also achieved figures of £350 and £361. In my informal survey, those using Apple products (a Safari browser, or say an iPhone or an iPad) seemed to be most consistently offered £265. Although tests with some obscure browsers suggest that it is likely that it is less that you are ‘uprated’ by using Apple products, than you are ‘downrated’ by using less niche browsers like Firefox and Internet explorer.

[CheeseSlice]

does it?

surprises me who gets themselves into stupid financial difficulties.

well... I meant everyone except psychocandy

[MaryPoppins]

does it?

surprises me who gets themselves into stupid financial difficulties.

Yup. The FCA 'discovered' that not just a certain 'type' of person uses this type of service.

[barrydidit]

No thread until you started it because it affects exactly 'zero' contractors on this forum.

Except those making the changes to support the FCA rulings

[vetran]

No thread until you started it because it affects exactly 'zero' contractors on this forum.

If this was the MSE forums or Mumsnet you'd expect to see quite a buzz of activity.

does it?

surprises me who gets themselves into stupid financial difficulties.

[CheeseSlice]

No thread until you started it because it affects exactly 'zero' contractors on this forum.

If this was the MSE forums or Mumsnet you'd expect to see quite a buzz of activity.

[Jog On]

Really?

I used the search function as well

BBC News - Wonga to write off £220m of customer debts

I love this - it's made my day