Matches in DBpedia 2016-04 for { <http://dbpedia.org/resource/Wonga.com> ?p ?o }
- Wonga.com abstract "Wonga.com (a trading name of WDFC UK Limited) is a British payday loan company offering \"short-term, high-cost credit\". The interest charged by the lender, which can equate to an annual percentage rate (APR) of more than 5000%, has been widely criticised. Wonga have said that they believe that APR is a poor measure of the true cost of short-term loans. As of November 2013, a loan of £100 over seventeen days (Wonga's average loan term) required £123.44 to repay. Wonga is a slang term of Romany origin for money, used in some parts of Britain since the 1980s.The firm operates in the UK, South Africa, Canada, Spain, Germany and Poland. The company invented fully automated risk processing technology to provide short-term, unsecured personal loans online, including via tablet and mobile app. The service was launched in October 2007. The firm was the first to provide an instant lending application on the iPhone.Consumer credit suppliers were regulated in the UK by the Office of Fair Trading (OFT) until April 2014, and then by the new Financial Conduct Authority (FCA). The firm's lending practices have been controversial, and they have been criticised in Parliament and by the regulators, media and religious sources. In 2014 the firm was ordered by the FCA to pay compensation of £2.6m to borrowers for bad debt collection practices, including in 2010 sending and charging for letters purporting to be from law firms (which did not in fact exist) threatening legal action. The Guardian newspaper reported the head of the Law Society as saying that Wonga's activity, which he qualified as dishonest, could amount to blackmail, deception, and other breaches of the law. A formal police investigation for fraud was being considered as of 27 June 2014.On 30 September 2014, Wonga announced that its profits for the year to the end of December 2013 had fallen by 53% to £39.7 million. The company blamed \"remediation costs\" – compensation paid to customers – which in total cost the company £18.8m. Wonga also said it expects to be \"smaller and less profitable\" in future, in part due to new controls set by the regulator, the Financial Conduct Authority (FCA). Since July 2014, all payday loan companies have had to conform to new rules, which limit roll-overs of loans and force them to increase affordability checks. From January 2015, they will also have their charges capped.On 2 October 2014, Wonga has agreed to write off the debts – thought to total £220m – of 330,000 customers who are in arrears of 30 days or more. This was a direct consequence of discussions with the Financial Conduct Authority (FCA).".
- Wonga.com foundedBy Errol_Damelin.
- Wonga.com foundingYear "2006".
- Wonga.com locationCity London.
- Wonga.com numberOfEmployees "300".
- Wonga.com type Privately_held_company.
- Wonga.com wikiPageExternalLink wonga.com.
- Wonga.com wikiPageID "33982855".
- Wonga.com wikiPageLength "47647".
- Wonga.com wikiPageOutDegree "92".
- Wonga.com wikiPageRevisionID "700761628".
- Wonga.com wikiPageWikiLink Accel_Partners.
- Wonga.com wikiPageWikiLink Accountancy_Age.
- Wonga.com wikiPageWikiLink Advertising_Standards_Authority_(United_Kingdom).
- Wonga.com wikiPageWikiLink Annual_percentage_rate.
- Wonga.com wikiPageWikiLink Archbishop_of_Canterbury.
- Wonga.com wikiPageWikiLink Balderton_Capital.
- Wonga.com wikiPageWikiLink Bishop_of_Durham.
- Wonga.com wikiPageWikiLink Blackmail.
- Wonga.com wikiPageWikiLink Blackpool_F.C..
- Wonga.com wikiPageWikiLink British_Virgin_Islands.
- Wonga.com wikiPageWikiLink British_co-operative_movement.
- Wonga.com wikiPageWikiLink Business,_Innovation_and_Skills_Committee.
- Wonga.com wikiPageWikiLink Category:2006_establishments_in_England.
- Wonga.com wikiPageWikiLink Category:Articles_created_via_the_Article_Wizard.
- Wonga.com wikiPageWikiLink Category:British_companies_established_in_2006.
- Wonga.com wikiPageWikiLink Category:Financial_services_companies_of_the_United_Kingdom.
- Wonga.com wikiPageWikiLink Category:Internet_companies_of_the_United_Kingdom.
- Wonga.com wikiPageWikiLink Category:Online_companies.
- Wonga.com wikiPageWikiLink Citizens_Advice.
- Wonga.com wikiPageWikiLink Computer-assisted_telephone_interviewing.
- Wonga.com wikiPageWikiLink Conflict_of_interest.
- Wonga.com wikiPageWikiLink Corporate_Watch.
- Wonga.com wikiPageWikiLink Credit_(finance).
- Wonga.com wikiPageWikiLink Credit_union.
- Wonga.com wikiPageWikiLink Deception_(criminal_law).
- Wonga.com wikiPageWikiLink Department_for_Business,_Innovation_and_Skills.
- Wonga.com wikiPageWikiLink Early_day_motion.
- Wonga.com wikiPageWikiLink Ed_Miliband.
- Wonga.com wikiPageWikiLink English_Wikipedia.
- Wonga.com wikiPageWikiLink Errol_Damelin.
- Wonga.com wikiPageWikiLink File:Wonga.com_logo.png.
- Wonga.com wikiPageWikiLink Finance_and_Leasing_Association.
- Wonga.com wikiPageWikiLink Financial_Conduct_Authority.
- Wonga.com wikiPageWikiLink Financial_Times.
- Wonga.com wikiPageWikiLink Greylock_Partners.
- Wonga.com wikiPageWikiLink Heart_of_Midlothian_F.C..
- Wonga.com wikiPageWikiLink IPhone.
- Wonga.com wikiPageWikiLink John_Charcol.
- Wonga.com wikiPageWikiLink Jonty_Hurwitz.
- Wonga.com wikiPageWikiLink Justin_Welby.
- Wonga.com wikiPageWikiLink Labour_Party_(UK).
- Wonga.com wikiPageWikiLink Law_Society_of_England_and_Wales.
- Wonga.com wikiPageWikiLink Loan_shark.
- Wonga.com wikiPageWikiLink London.
- Wonga.com wikiPageWikiLink London_Assembly.
- Wonga.com wikiPageWikiLink London_Underground.
- Wonga.com wikiPageWikiLink Martin_Lewis_(financial_journalist).
- Wonga.com wikiPageWikiLink Media_Week.
- Wonga.com wikiPageWikiLink Meritech_Capital_Partners.
- Wonga.com wikiPageWikiLink Mobile_app.
- Wonga.com wikiPageWikiLink Newcastle_City_Council.
- Wonga.com wikiPageWikiLink Newcastle_United_F.C..
- Wonga.com wikiPageWikiLink Newsnight.
- Wonga.com wikiPageWikiLink Oak_Investment_Partners.
- Wonga.com wikiPageWikiLink Office_of_Fair_Trading.
- Wonga.com wikiPageWikiLink Offshore_trust.
- Wonga.com wikiPageWikiLink Papiss_Cissé.
- Wonga.com wikiPageWikiLink Parliament_of_the_United_Kingdom.
- Wonga.com wikiPageWikiLink Payday_loan.
- Wonga.com wikiPageWikiLink Privately_held_company.
- Wonga.com wikiPageWikiLink Red_or_Black%3F.
- Wonga.com wikiPageWikiLink Romani_language.
- Wonga.com wikiPageWikiLink Select_committee.
- Wonga.com wikiPageWikiLink Stella_Creasy.
- Wonga.com wikiPageWikiLink Tablet_computer.
- Wonga.com wikiPageWikiLink The_Guardian.
- Wonga.com wikiPageWikiLink The_Sunday_Times.
- Wonga.com wikiPageWikiLink The_Times.
- Wonga.com wikiPageWikiLink Transport_for_London.
- Wonga.com wikiPageWikiLink University_of_Nottingham.
- Wonga.com wikiPageWikiLink Unsecured_debt.
- Wonga.com wikiPageWikiLink Usury.
- Wonga.com wikiPageWikiLink Venture_capital.
- Wonga.com wikiPageWikiLink Wellcome_Trust.
- Wonga.com wikiPageWikiLink Which%3F.
- Wonga.com wikiPageWikiLink File:Cost_of_borrowing_£100_from_Wonga.com_for_30_days_17_Nov_2013.jpg.
- Wonga.com wikiPageWikiLink File:Justin_Welby_at_Seoul_Cathedral.jpg.
- Wonga.com wikiPageWikiLink File:Papiss_Cisse.jpg.
- Wonga.com wikiPageWikiLink File:Wonga.com_screenprint_3_February_2014.jpg.
- Wonga.com wikiPageWikiLinkText "Wonga".
- Wonga.com wikiPageWikiLinkText "Wonga.com".
- Wonga.com wikiPageWikiLinkText "criticism in Parliament of payday lenders".
- Wonga.com wikiPageWikiLinkText "wonga.com".
- Wonga.com founder Errol_Damelin.
- Wonga.com homepage wonga.com.
- Wonga.com industry "Technology finance".
- Wonga.com investors "Accel Partners, Wellcome Trust, Oak Investment, Meritech, Greylock, Balderton, Dawn".
- Wonga.com locationCity London.
- Wonga.com locationCountry "United Kingdom".