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Showing 1 to 9 of 9 search results for Wonga to pay redress for unfair debt collection.

1. Wonga to pay redress for unfair debt collection practices

   Press Releases Published: 25/06/2014 Last modified: 25/06/2014
   Wonga to pay redress for unfair debt collection practices. Press Releases First published:. ... Wonga to pay redress for unfair debt collection practices.

2. Wonga to make major changes to affordability criteria following discussions with the FCA

   Press Releases Published: 02/10/2014 Last modified: 02/10/2014
   Wonga has entered into an agreement, known as a voluntary requirement (VREQ), with the Financial Conduct Authority (FCA) that requires it to make significant changes to its business immediately.

3. Consumer Credit Seminar

   Speeches Published: 21/10/2014 Last modified: 20/03/2024
   Speech by Linda Woodall, Director of Mortgage and Consumer Lending of the FCA.

4. Sustainability

   Speeches Published: 22/07/2014 Last modified: 05/08/2014
   So we have used enforcement and supervisory powers to impose requirements on firms, we announced on 25 June that Wonga have agreed to pay compensation of over £2.6m to around ... 45,000 customers for unfair and misleading debt collection practices; we

5. Payday lenders failing customers in arrears, says FCA

   Press Releases Published: 10/03/2015 Last modified: 10/03/2015
   This documentation included medical evidence and letters from debt advisors providing crucial information about why some customers were failing to pay. ... Firms are required to give customers “breathing space” from collections activity if they

6. Business Plan 2024/25

   Business plans Published: 19/03/2024 Last modified: 09/04/2024
   Our Business Plan details the work we'll do over the next 12 months to help deliver the commitments in our Strategy.

7. Payday lender Cash Genie to provide £20 million redress to over 92,000 customers

   Press Releases Published: 27/07/2015 Last modified: 09/11/2016
   Cash Genie charged fees and interest which were unfair. For example, it charged £50 to transfer customers to its sister debt collection firm, Twyford Developments Ltd, trading as Carter Forbes, even ... £50 fee for transferring a customer’s account

8. Business Plan 2023/24

   Corporate documents Business plans Published: 04/04/2023 Last modified: 02/07/2024
   The FCA's Business Plan details the work it will do over the next 12 months to help deliver the commitments in its Strategy.

9. FCA outcomes and metrics

   Data Published: 02/04/2022 Last modified: 01/07/2024
   The FCA is committed to being clear about how it is accountable for its progress. On this page the FCA sets out its outcomes and the metrics it will use to measure them.