This might explain why the website contains very little information about payday loans from either the consumer or a lender’s point of view. Any information about this sector in the marketplace is dealt with in just one line describing unsecured loans on the consumer information webpage.
The website offers simple and straightforward guidance about money advice and directs people with problems to Citizens Advice. http://www.citizensadvice.org.uk/index/getadvice.htm
Consumers will be disappointed that the website struggles to even mention Wonga. The website does not provide a list of members and appears to carefully avoid any mention of payday loans.
We would be pleased to hear from the association so that we can correct, update or confirm details about how payday loans are affected by this trade association.
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