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Why is it borrow Accord to the report, for . % of the responnts the reason is the financ of basic life nes , for . % repayment of other arrears . The next reason is the ne to finance treatment ( . %) and pay bills ( . %). Poles borrow for trips or Christmas gifts much less frequently ( %) . There was a mess The frequent use of non-bank loans is associat with the growth of this market, but also with more problems that loan companies face. A large number of customers, ease of access, financial problems of btors are in fact a shaky ground that has l to a big mess in the industry in question. It may sound innocent, but it is worth not that the problem is more serious than it may seem.
This is evinc by the case of the British
Giant on the loan market – Wonga . Currently, it is in consirable trouble , caus by a mess in collect bts. The company was a pioneer on the payday loan market. Enabl its clients to grant short-term loans without formalities, only by complet a short form on the website. This gave the company great popularity and an advantage over banks. If you add to Cayman Islands Mobile Number List this aggressive market, implementation of innovative solutions and interest advertisements , you can see that success was sure-fire in this case. In addition, the company was characteriz by very high interest rates , which l to the company’s rapid growth and becom a lear in the global industry.
In Wonga also went to Poland However
The quickly ma fortune was paid for with consirable problems caus by organizational mess. First of all, the company’s customers, who could not pay high-interest interest, began to protest. In addition, the British Advertis Ethics Board bann Wonga from UK Email Database broadcast a radio advertisement on the grounds of mislead the public, suggest that loans are the best form of patch holes in the household budget. As if that wasn’t enough, the Fair Tra Office also had reservations about the company’s activities, forc Wonga to clean up the organization. Unfair bt collection is a nail in the coffin The greatest controversy, however, arous bt collection carri out by the company.
