Collections & Recoveries

Archive for October 2014

Affordability precedence is set with Wonga – Arum blog

Arum’s Senior Consultant Walter Mather comments on the customer¬†affordability issue that organisations can’t afford to get wrong. Payday lender Wonga has said it is writing off ¬£220m of debts for 330,000 customers after putting in place new affordability checks, following discussions with the Financial Conduct Authority (FCA) about its lending […]

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