530 | The story of Wonga & the rise and fall of payday loans

This weeks episode is sponsored by Charles Stanley http://charlesstanley.sjv.io/6k7oEQ This week on Cash Chats, host Steve Alderton and Editor of BeCleverWithYourCash.com James Andrews are talking about the rise and fall of Wonga and the payday loan revolution. Wonga and their counterparts arrived with a bang and set about disrupting the loan game with quick, easy short term loans and lets not forget the sliders! However, things didn't take long to unravel and soon the empire came crashing down. But what exactly went wrong? For links and further reading head to becleverwithyourcash.com/cashchats ABOUT CASH CHATS Cash Chats is the award-winning podcast brought to you by the team of money geeks at Be Clever With Your Cash, sharing the latest updates from the world of personal finance and helping you to navigate the everyday money challenges we all face. Show notes can be found at becleverwithyourcash.com/podcast. BE CLEVER WITH YOUR CASH ON SOCIAL twitter.com/BeCleverCash instagram.com/becleverwithyourcash   youtube.com/@becleverwithyourcash   GET OUR WEEKLY NEWSLETTER You'll also get a free Quidco bonus for signing up https://becleverwithyourcash.com/newsletter/ MUSIC The music is Easter Island by Lonely Punk and provided on a creative commons licence