logo image

Pestel analysis for Wonga Essay

Conservative ministers agreed to hold meetings with the controversial payday loans company Wong in exchange for payments to the party. Wong was censured for employing “aggressive and misleading” debt collection practices by the Office of Fair Trading earlier this year. Http://www. Telegraph. Co. UK/finance/personalization/borrowing/loans/9613729/Lola n- firms-Wong-buys-the-ears-of-ministers. HTML ECONOMIC Deed Mainland attacked Britain’s “Wong economy’ on Tuesday as he seized on payday enders as the latest target in his crusade against the cost of living.

The Labor leader said payday lenders were responsible for a “quiet crisis” that left thousands of families trapped in debt. The truth is, [Wong] wants us to stay silent about a company where in one year alone their bad debts reached El mom,” he said. “An industry where seven out of 10 customers said they regretted taking out a loan, with half saying they couldn’t pay it back. Http://news. Sky. Com/story/1164167/deed-mainland-takes-on-the-Wong-economy SOCIAL Wong prides itself on being quick and simple to apply, however this accessibility has perhaps opened the door to criminality.

This was highlighted in a BBC Watchdog programmer investigating fraudulent withdrawals from bank accounts across the country. More than 800 posts mentioned fraudulent activity in relation to Wong during the past three months. Wong has a

Need essay sample on "Pestel analysis for Wonga"? We will write a custom essay sample specifically for you for only $ 13.90/page

long history of attracting bad publicity. In early 2012 it was branded ‘morally offensive’ for targeting students. This led to a campaign by Money Saving Expert’s Martin Lewis.

Can’t wait to take that assignment burden offyour shoulders?

Let us know what it is and we will show you how it can be done!
Sorry, but copying text is forbidden on this website. If you need this or any other sample, please register

Already on Businessays? Login here

No, thanks. I prefer suffering on my own
Sorry, but copying text is forbidden on this website. If you need this or any other sample register now and get a free access to all papers, carefully proofread and edited by our experts.
Sign in / Sign up
No, thanks. I prefer suffering on my own
Not quite the topic you need?
We would be happy to write it
Join and witness the magic
Service Open At All Times
Complete Buyer Protection
Plagiarism-Free Writing

Emily from Businessays

Hi there, would you like to get such a paper? How about receiving a customized one? Check it out https://goo.gl/chNgQy

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy