just How money that is much cash advance businesses make?

just How money that is much cash advance businesses make?

With interest levels more than a thousand percent, you’ll expect that payday lenders are earning money pay fist?

Wonga Group made a running losses ?64m, ?81m and ?38m in 2016, 2015 and 2014 correspondingly.

This is the reason Wonga went away from cash and joined into management in 2018. Pay day loan businesses find it difficult to create a revenue for a lot of reasons: