Bankers on Wonga: payday lenders causing ‘misery and hardship’ even among the rich
This morning the Office of Fair Trading slammed payday lenders for ‘causing misery and hardship’. It’s not just the poor who suffer — even in the bonus-rich City, some high-earners are borrowing at huge interest rates against the next salary cheque. Joshi Herrmann reports (http://www.standard.co.uk/lifestyle/london-life/bankers-on-wonga-payday-lenders-causing-misery-and-hardship-even-among-the-rich-8522409.html) Jamie, a 25-year-old banker, is describing his life in the [...]