Newcastle Meeting Called To Discuss The Impact Of Wonga & Other Payday Lenders – Hear First-Hand Accounts
Wonga is a difficult name to avoid recently, even if you don’t support Newcastle United. As it happens I am a season ticket holder at NUFC but let me tell you I have no allegiance with their sponsors.
That’s because in my real world job, I witness first-hand the damage, misery and financial carnage that Wonga (and other payday lenders) can inflict on people who can’t repay the loan – in fact in most of the cases I deal with, it’s a mystery how they got the loan in the first place.
The fans are split, but from what I’ve read in forums, etc, most aren’t really bothered as long as the team produce the goods on the pitch. Others raise the valid point that no one kicked-off (sorry) when it was Northern Rock or Virgin.
As one forum contributor put it, “at least Wonga tell you they’re screwing you unlike the banks.”
Anyway it’s a debate that you might want to take part in, certainly don’t take my word for it about the harm they cause.
There’s a meeting at St Thomas Church, Haymarket, Newcastle for an hour this Sunday at 12.30pm. One of my clients (and others) will tell you first-hand what it’s like to be on the wrong end of Wonga.
Hope to see you there.
If you would like to feature on The Mag, submit your article to [email protected]