The administration of WDFC, the legal company who operated the Wonga brand, was completed in August 2020.
The company was finally dissolved in December 2020.
See Companies House records for details.
Background to the administration – rising complaint numbers
A payday loan is “unaffordable” if repaying meant you had to get into more debt, by borrowing again or getting behind on bills or other debts. So you may have repaid all your loans but still have a good claim for a refund of the interest you paid.
When Wonga went under there were over 200,000 people with current loans from Wonga – many of them had a good case for the interest to be removed from their balance so they only repay what they borrowed.
The Administrators proposals set out the reasons why Wonga went into administration. These were the increasing number of affordability complaints, especially from Claims Companies, and the decision by the Financial Ombudsman that FOS could look at loans over 6 years old, going back to 2007.
There were 24,000 affordability complaints awaiting a decision by Wonga and 9,500 complaints against Wonga with the Financial Ombudsman when Wonga ceased trading on 30 August 2018.
Details on the Administration
The Administrators have made various progress reports (available from Companies House) and statements during 2018-20:
- in October 2018, the Administrators published their Proposals, detailing how they planned to handle the administration. Creditors voted to approve these Proposals.
- progress report to end February 2019;
- Witness Statement in April 2019;
- progress report to end August 2019.
An online claim page was set up in April 2019 for Wonga customers to submit claims for refunds. The deadline for sending in a claim was 30 September 2019.
The Administrators assessed all claims using an automated tool. This took account of:
- all loans, including those over 6 years old
- how large a loan was compared to a customer’s income;
- how often someone borrowed without significant gaps;
- whether there were indications of hardship such as missed payments;
- if there is a balance outstanding for the right of set-off.
Where it decided one or more loans were unaffordable, it calculated how much interest should be refunded and added statutory interest at 8%.
In August 2019 the Administrators starting sending emails to people saying whether their claims have been successful or rejected.
In September, the Administrators sent an update on progress up to end August 2019. Key points include:
- at end August, 389,621 claims for unaffordable payday lending have been accepted by the administrators;
- the total value of these claims is c £460million – an average of c £1,200 a claim.
- £23m of outstanding loans have been collected. The Administrators say that outstanding loans are being taken into account and given the right of set-off where the customer has a claim for unaffordable loans.
- The remaining loan book will not be sold to a debt collector.
At this point the Administrators were saying that payments would be made by 30 January 2020.
29 January 2020 – administrators announce 4.3p in the pound
On 29 January 2020, the Wonga administrators announced that they will be paying 4.3p in the pound to unsecured creditors, including all the 400,000 people who are owed a refund for unaffordable lending.
The administrators have now given the final numbers:
- they assessed 401,202 claims as being valid;
- of these 358,129 are being paid 4.3% of their assessed compensation value;
- the remaining 43,073 also owed a balance on a loan to wonga, so their compensation has been used to clear or reduce that balance.
What happens next:
- the money should be paid within the next 4 weeks. This has come as a surprise as people had been told it would be paid by the end of January;
- the loans that are being refunded should be removed from your credit record in the next 6 weeks.
My comment – ripped off by Wonga and now let down by the regulators
The administrators told people they would get “significantly less” than that amount as there would not be enough money to pay the claims in full.
But many people will have been hoping for more than 4.3% and are very upset.
It is not the administrators’ fault there is so little money to be divided between so many people. It is the fault of the regulators – first the OFT and then the FCA – that they allowed Wonga to break the rules saying that affordability should be checked
And now the regulators have failed to ensure that these Wonga victims get the compensation they should have. When a PPI firm went under, the Financial Services Compensation Scheme stepped in and people with PPI claims got paid in full. But the FCA has not extended the FSCS to cover payday lenders.
This isn’t just a problem for the hundreds of thousands of Wonga victims. Borrowers from many payday lenders have been unable to get proper compensation after the lender has had to close. This will apply to QuickQuid, the money shop, Payday UK and Payday Express borrowers as well.
The FCA needs to rethink this and provide a safety net for people who were mis-sold unaffordable loans.
Readers comments – Shock and disappointment
This a brief overview of the hundreds of comments below this article.
Some people are happy to be getting anything:
- “I am only getting just shy of £25 but for the sake of completing a 30 second form it’s not too bad.”
- “I will be getting £79.93 of the £1854.17 I was owed. Better than nothing!”
- “£35 out of a possible £800. I wasn’t expecting much anyway. I’m more interested in having the 25 wonga loans removed from my credit file.”
The administrators had said people would get “significantly less” than the claim, but many people were hoping for at least 10%:
- “I got mine £88.67 – claim was £2057.05 – I was expecting at least a couple hundred.”
- “Claim was 3034, getting 130. By considerably less I didn’t think it would be over 95% of it. That is ridiculous.”
- “To receive £44.10 from a claim of £1023.00 is insulting to be honest.”
- “Owed £1499, getting £63…what an absolute joke!”
- “4.3% is an absolute disgrace. Although people are trying to be positive they shouldn’t have to. The people who made all the profit here would spend the biggest payout anyone has received on an evening out and not think twice about it.”
- “Gutted…. was hoping for at least the 10% speculated.”
This reader blamed not just Wonga but the regulators:
- “Over £11k accepted reduced down to £480 – my job, my marriage and 4 years of desperation followed by years of rebuilding my life – that’s what the regulators consider that to be worth! Shame on everyone involved in Wonga and the lack of regulation of lenders like them !”
Some are just are delighted that Wonga has gone under:
- “Heads up everyone…We have won in the end! They can no longer be a hindrance to any of us any more!”
- “Mines going to charity. Best thing to have happened is for them to have gone bust”
- ”Thank you Wonga you paid me to continue gambling, I lost everything. Good riddance.”
Many people are also disappointed and shocked that they aren’t being paid by the end of January. Some people getting these refunds are still in difficult financial circumstances and had planned to use the money to pay a bill or some debts.
February 2020 – some clarifications from the administrators
The remaining loans
The administrators have confirmed that no further payments are being accepted and the debts will not be sold to a debt collector. So you don’t have to worry about being taken to court or bailiffs.
But the debts are not technically being written off. They will remain on your credit record for 6 years from the default date on your credit record. If you don’t know what this date is, I suggest you check it now.
In practice, now the company in liquidation, if you contact a credit reference agency and say your Wonga debt is incorrect, you can ask the credit reference agency to “suppress” the record as Wonga can no longer say what the right entry should be. See How to correct credit records if the lender has gone under for details.
No deductions are being made for tax
The Administrators have said:
“the Joint Administrators have agreed with HMRC that the payment may be treated for tax purposes as set wholly against the interest and fees element first, and statutory interest second. As a result, where the distribution paid by the administrators to each customer does not exceed the interest and fees claimed by them, no withholding tax will be required to be deducted at source from payments made by the administrators in such cases.”
The simple version of this is:
- the administrators are not taking off any tax.
- there will, therefore, be no tax to have to reclaim.
- the vast majority of people will not have to pay any tax on any part of of the refund even if you are a higher rate taxpayer. The amounts don’t have to be declared if you complete an annual tax return eg if you are self-employed.
A small number of extra payments
A small number of customers were owed money by Wonga for a different reason, for example they may have overpaid on a loan. These extra amounts are also being paid out and you will get 4.3% of them too.
If you were not using a claims company, you should have received a single email at the end of January which mentions both amounts.
If you were using a claims company you should have received two emails, each about one of the amounts. If you have only received one email and it mentions a claim which is smaller than the amount you expected, you can contact the administrators, it may be this is the “extra” payment.
Bank account issues
I asked the Administrators why some people are still getting emails asking them to update their bank details. They say:
These emails will be in response to customers’ requests received by the Customer Care team prior to 29 January 2020 providing a secure method by which customers can update their bank account details. Customers should respond to these emails.
I asked the Administrators what will happen if they make a payment and it bounces back to them because the account is no longer open. They say:
Where updated information is available from customers we will attempt to reprocess bounced dividend payments via electronic transfer. Alternatively, we will issue a cheque to the address held on file.
A blogger contacted the Administrators on the 14th February to ask why she hadn’t been paid and was told:
“I can confirm that the joint administrators have commenced distribution of dividend payments to unsecured creditors, including those with redress claims. Given the volume of transactions that need to now take place, the administrators cannot guarantee an exact date when individuals will receive payment but are aiming to complete transactions within the next two weeks.”
February and March – payments started but with problems
I was told by the Administrators on Friday 28th February that 90%+ of payments have been made and they expect to make the rest of payments over the next two weeks by BACS. About 22,000 the following week, about 13,000 the week after. It looks as though the 22,000 group got their money. It’s not clear to me how many of the 13,000 group have.
Many people in the comments below this article were reporting probems. These included people whose bank accounts had never changes. Problems included:
- confusion over whether a claims company has been paid or they will be;
- Wongasaid payment was sent to a claims firm that hadn’t been used;
- Wonga said a cheque was sent to a house you no longer live it;
- Wonga said a payment has been made to your bank account but it hasn’t arrived ;
- Wonga has said a payment was sent to an old bank account despite new bank account details having been given and co0nfirmed as having been received.
On 2 March the Administrators said the payment process was taking longer than expected and payments would continue to about 40,000 people over the next 2 weeks:
The Joint Administrators have now attempted to make dividend payments to over 410,000 creditors… In addition to the payments that were not made we have had approximately 40,000 payments returned to us due to incorrect customer bank details recorded on file with Wonga. We will now begin contacting these customers whose payments were returned, by email, to obtain correct and up-to-date bank account details.
The dividend payment process is taking longer than anticipated and payments will continue to be paid during the next two weeks.
On 19 March the Admistrator’s announced:
The Joint Administrators have now attempted to make dividend payments to over 443,000 creditors representing 98% of the creditor population. This includes payments to creditors whose payments were briefly held back from the initial payment phase whilst additional validation checks were completed to new bank account and/or address details that were provided. The Joint Administrators now continue to focus on the remaining small population of unpaid dividends in order to complete the payment process.
From here on progress was very slow, impeded by lockdown.
End August 2020 – administration ends – do you still have a problem?
Have you not been paid?
The Administrators final report blames the payment problems of Wonga’s poor systems and on creditors who did not update their bank details when requested to. But as many comments below detail, people who had never changed their bank account or who had updated their bank details several times and had each confirmed also experienced prolonged delays.
At 28 Auguest when the administration ended, there were still c 49,000 payments with a total value of £632,000 that had not been made – an average about of £13 per payment. About 70% of these were for amounts owed before the administration, so not affordability complaints.
The Administrators have passed the £632,000 to the Insolvency Service. If any creditors want to claim an unpaid amount, they should email CustomerServicesEAS@Insolvency.gov.uk.
A problem with your credit record
If there is a problem with your credit record then you now need to contact the Credit Reference Agency where the problem is showing – Experian, Equifax or TransUnion. Say you can no longer get an answer from the administrators as the firm has been dissolved so you would like the CRA to “suppress” the credit records (list them) as they are inaccurate.
This problem could have been an error by the administrators, who failed to delete the record. It could be an error by Wonga before the administration: the loan date or balance or default date is wrong – you want the default date to be as early as possible so it drops off sooner – or Wonga may have failed to add a default date.
If the CRA refuses, send the CRA a formal complaint and this can be sent to the Financial Ombudsman. In practice people are getting these sorted with the CRAs without having to go to the ombudsman.
Refunds from large loans & car finance
Refunds from other payday lenders
Is your credit card limit too high?
Ruby says
Just received my email:
The Joint Administrators are now in a position to declare a first and final dividend of 4.3p in the £.
You will receive a payment of £20.39. Your payment represents 4.3p in the £ on your agreed claim value of £472.97.
Ridiculous!
Andrew says
Just get the email:
”The Joint Administrators are now in a position to declare a first and final dividend of 4.3p in the £.
You will receive a payment of £18.35. Your payment represents 4.3p in the £ on your agreed claim value of £425.79.”
So funny
Chris says
4.3p in the £. My total payout is £61.91 from an accepted claim value of £1436.28.
Luke Kyle says
Got mine just now 50 pounds out of 1150 4.5 p to the pound
Vita says
Email i received this evening-
You will receive a payment of £11.62. Your payment represents 4.3p in the £ on your agreed claim value of £269.63.
Oliver says
I have received my email from wonga to confirm their payment and I am very disappointed.
They are only paying 4.3p of the claim value which means I am receiving only £109.41 against my claim value of £2538.08.
It also says payments will be within four weeks from today.
Julieann says
The Joint Administrators are now in a position to declare a first and final dividend of 4.3p in the £.
You will receive a payment of £161.76. Your payment represents 4.3p in the £ on your agreed claim value of £3752.41.
Bel says
4.3p per pound. I’m getting £8 on a £187 claim
anita says
4.3 p to the pound. Just received £3680 and getting £139
Emma Black says
Just had my email £40 from £920 claim.
Joe says
Just got email –
The Joint Administrators are now in a position to declare a first and final dividend of 4.3p in the £.
You will receive a payment of £68.31. Your payment represents 4.3p in the £ on your agreed claim value of £1584.60.
Maz says
The Joint Administrators are now in a position to declare a first and final dividend of 4.3p in the £.
You will receive a payment of £219.96. Your payment represents 4.3p in the £ on your agreed claim value of £5102.56.
James says
I have recurved my email and am receiving 4.3p to the pound so for my claim I shall receive £47
Iain123 says
“The Joint Administrators are now in a position to declare a first and final dividend of 4.3p in the £.
You will receive a payment of £344.00. Your payment represents 4.3p in the £ on your agreed claim value of £7979.95.”
Lucy says
Also : “ As a result of the volume of dividend payments due to customers/creditors, you will receive your payment within four weeks of this email. Please note that if you have recently provided your bank detail updates to the Customer Care team, your payment may take longer to receive while your updates are processed.”
Gareth Davey says
Just had email we are getting 4.3p in the pound so 1600 turns into 73 pounds
Stephen Taylor says
The Joint Administrators are now in a position to declare a first and final dividend of 4.3p in the £.
You will receive a payment of £204.61. Your payment represents 4.3p in the £ on your agreed claim value of £4746.41.
When will I receive my final dividend payment?
As a result of the volume of dividend payments due to customers/creditors, you will receive your payment within four weeks of this email.
Louise says
Just received the email – bit disappointing really!!
Case Number: xxxx
Third Party Reference:
WDFC UK Limited – In Administration (the Company)
The Joint Administrators are now in a position to declare a first and final dividend of 4.3p in the £.
You will receive a payment of £88.81. Your payment represents 4.3p in the £ on your agreed claim value of £2060.08.
When will I receive my final dividend payment?
As a result of the volume of dividend payments due to customers/creditors, you will receive your payment within four weeks of this email. Please note that if you have recently provided your bank detail updates to the Customer Care team, your payment may take longer to receive while your updates are processed.
Rebecca says
Just received
The Joint Administrators are now in a position to declare a first and final dividend of 4.3p in the £.
You will receive a payment of £203.64. Your payment represents 4.3p in the £ on your agreed claim value of £4724.05.
Samantha says
Hi all just to confirm I have received my email 4.3 in the £1 so my claim was £821 and I will recieve £35 not great I’m afraid
Paul says
4.3p in the pound…. and that lady’s and gentleman is how the public of this once great country get completely ripped off!!!
Jayne robinson says
Received an email from wonga, I’m receiving 31.38 on an amount of 728.00 it says the percentage is 4.3 and it could take 4 weeks to appear in my account
Annette says
I have just received a Wonga email stating that I will be getting 4.3p in the pound of my agreed claim value…which for me was £2,626.45..meaning a payment of £113.22. Apparently it will be paid into the bank within 4 weeks..but if you have updated bank details with Wonga..it may take significantly longer for it to be updated! Think this is a real email..so there goes!
Lee says
Ha!
48 quid back from a claim over £1,300
Joke
Zana says
Just received my email. 4.3p in the £
So my £2k redress claim comes to a total of £90.19.
I honestly wish I knew before as I’d had ideas in my head.
At least it’s something I guess?
Naomi says
I have had my email. 4.3p to the pound so I had a £3681 claim and I will be receiving £158.70, they have said I will get it in the next 4 weeks.
Julia says
You will receive a payment of £284.26. Your payment represents 4.3p in the £ on your agreed claim value of £6594.12.
Gutted.
Aj says
I have received my email and it states I have accepted a claim value of around £720, and I’m receiving around £31. I actually accepted a claim value of £3600. What should I do about this
Sara (Debt Camel) says
I’m sorry there is nothing you can do to appeal this.
Aj says
Thanks for the reply. I have emails of me accepting a value of £3600 but they now state I accepted £700 odd, I’m guessing this could be an admin error. I’ll try phoning them but understandable if there’s nothing I can do now.
Sara (Debt Camel) says
that sounds like an error – definitely try to contact them
Charlotte says
4.3% with payment within 4 weeks! Definitely not what was expected!
Jordan says
Just received an email . I’m getting £180 for £4100 accepted claim 🤣🤣 better than nothing I suppose.
Emma says
I have just had my email of over 3000 claim I am getting 4.3 percent so around 140 pounds :(
Sue Tomlin says
Just had email from Wonga reference my refund. 4.3p in the £. Absolutely gutted. £250 refund on a £5.8k refund.
Gemma says
That’s gotta suck! My 2700 will see about £115.
Someone’s gotta pay for this
Stephen Marshall says
I have my email. £1200 refund getting £56 take upto 4 weeks to pay
Elle says
Just got my email u get back 4.3p in the pound it’s not great as they owe me nearly 6000 and I get back not even £260
Roy says
Pretty gutting that I didn’t do this a year or so ago, but something is better than nothing. Mine is £300 instead of £7k
Mo says
Just got an email, £30 something based on £700+ claim
Adam says
more Interested when will they get removed off our credit report??
Barret says
Just got the email, feel like I’ve been robbed tbh:
The Joint Administrators are now in a position to declare a first and final dividend of 4.3p in the £.
You will receive a payment of £35.27. Your payment represents 4.3p in the £ on your agreed claim value of £818.17.
Amber says
I got an email. My claim was valued at £1,000 and they’ve told me I’ll get £47 and payment will be made in 4 weeks!!!! No joke check your emails people
Andy says
4.3p in the pound. I’ve got a tenner from £232. Payment within 4 weeks due to amount of people. Had my email at 17.56
Adam says
Haha..just got my email…offered 4.3p in the £!!! So £96 for a £2200 accepted claim…oh dear
Emma says
Got my email just now original refund estimated at £650 and I’m receiving £28, 4.3p
Will B says
So I got my email today the full claim amount was £1200 and I get £51 what a slap in the face!!! Total joke.
Ma says
I have received my email:
The Joint Administrators are now in a position to declare a first and final dividend of 4.3p in the £.
You will receive a payment of £150.80. Your payment represents 4.3p in the £ on your agreed claim value of £3498.32.
Hope this helps.
Joanna says
Email just in 4.3p on pound similar to WDA claim I have. For me just £60..hope you all hear soon x
Emma Black says
It also says they will no longer be able to update bank details
Lily says
I’ve just got my email it’s 4.3p in the £ my Claim was £932 and I’m getting £41.92
Jackie says
Just received my email it says I will get a dividend of 4.3p in the £ which is £5.34 from my claim of £123.94 paid within 4 weeks. I’m not particularly bothered as I knew it wouldnt be much I’m just happy they will be removed from my credit file.
J R Hartley says
4.3p in the pound. I get £25.
Such is life.
Ian says
WDFC UK Limited – In Administration (the Company)
The Joint Administrators are now in a position to declare a first and final dividend of 4.3p in the £.
You will receive a payment of £190.33. Your payment represents 4.3p in the £ on your agreed claim value of £4415.22
Kelly says
Hi all,
I’ve been lurking in the background and have just received an email from Wonga stating dividend of 4.3p in the pound:
“The Joint Administrators are now in a position to declare a first and final dividend of 4.3p in the £.
You will receive a payment of £142.59. Your payment represents 4.3p in the £ on your agreed claim value of £3307.67.
Please note, if you are represented by a CMC/Third Party and have provided us with instructions that your CMC/Third Party representative should be paid on your behalf, the above amount will be paid to your CMC/Third Party representative directly.”
Hope this helps
Kelly
Jim Beam says
4.3p of £
£729.15 claimed, I will get £31.43…….. up to 4 weeks from email date.
LOL
enjoy everyone
Darren says
Hi Guys, got my Wonga email. Its 4.3 to the pound. I was owed £395 so I get 17 quid. Oh and it will take up to 4 weeks to get the money.
Greg says
My claim was for £4813.88 meaning I get £207.52! Absolute joke! Have any of you seen the wonga owners multiple house’s… living the life! Can afford them but not to repay what is owed!
Bren says
26quid out of 611quid . Wonderful
Faz says
Well I have received an email just now, the total claim was £6223.73p, and they paying me £268.29. So very little but nothing to do.
Donna says
My claim was just under £5000 and I get the grand sum of £205 :(
Dom says
Just got my email. I’m disgusted!
“You will receive a payment of £61.30. Your payment represents 4.3p in the £ on your agreed claim value of £1422.00.”
Karen says
Been following this post for a few days now. I have just received my email so my accepted claim is £327 to which I will get a whopping £14 back!!! Ludicrous
steve says
Mine: “You will receive a payment of £86.66. Your payment represents 4.3p in the £ on your agreed claim value of £2010.29.”
Mark says
Yep 71 quid when owed £1603. And the last email said they would be paying out at end of January, nothing about it could take up to four weeks. Absolutely ridiculous. As anyone actually seen how much the joint administrators sorting this debacle is charging an hour, anywhere up to £500. That’s why we ain’t getting as much cuz they’re taking all the money to pay there own wages. Who’s keeping an eye on them as well, to make sure they aren’t fleecing the funds into their own accounts.
James says
Mines £175 out of £4010. Makes you one to throw up in my mouth. What a kick in the teeth!!
Karen says
I’ve just received my email. Will receive 4.3% of every £. My claim was for £1760. Only getting £76.
Absolutely disgusted!
Nathan says
Yep my claim was for 1851, going to get 79 quid haha! Shambles
Craig Gemmell says
Exactly what mine says
Jock thomas says
Took us for mugs. Simples
Timka says
I haven’t received the email yet but reading the amounts posted above, the anger just makes me more motivated to go after all other suckers (lenders) and fight for every penny I can get back! I will make it my mission.
Donna says
My claim was just under £5000 and I get the grand sum of £205 :(
Hutch says
Same here pretty much.
My claim was for £4775, so I’m getting £205
As already mentioned, the payment can take up to 4 weeks to reach your account.
Not great, but better than nothing.
Christian says
£136 from a £3176 claim.
disgusted isn’t the word
Clare says
Exactly the same as me, absolute robbery
Kenneth says
I got exactly the same amount… I had said this earlier…. Seems like a likely figure to repeat…. 4.3p in the pound is pretty poor…. (it is just like the old saying – “they got paid out pence in the pound” – Well that is us… I really did not think it could be that low….. Maybe 10p or 15p or 20p in the £… Under 5p is completely not worth all that head… But like I have said before…. Now it is over and we finally know how much more we got mugged off – its bed time for me… Wait one more comment…. “Wonga really is a rip off organisation”… Peace out and thank you Sara X🙏💐👍❤️
Kp says
Same. It’s shocking that around £3000 has resulted in an amount close to £100. I know some people are grateful for getting anything, but I’d have rather not known what it could of been to be honest lol.
You will receive a payment of £128.09. Your payment represents 4.3p in the £ on your agreed claim value of £2971.31.
smiley says
£58 better than nothing 4.3%
John Spooner says
Haha what a joke £9…bloody bastards
Phillippa says
£14 for me lol
Michael says
Just received an email for Wonga. £47
Kev says
£7.78 I just might have to treat myself to something nice?!
Mehdi says
Evening guys,
Just had my email come through, paying 4.3p in the £. My claim was for £920 and i got £40.02 but the email states payment will be sent out within 4 weeks.
Maciek says
Just arrived:
The Joint Administrators are now in a position to declare a first and final dividend of 4.3p in the £.
You will receive a payment of £199.47. Your payment represents 4.3p in the £ on your agreed claim value
Louise Welch says
I’ve just received an email. 4.3% in the pound. So £77 from an £1800 accepted claim value
ANDREW White says
Ye £962 mine I get £41 we need to do something about it
Dave says
Nothing you can do. Just accept and move on.
Jimbo says
Unsurprisingly, others beat me to it haha…
This bit was unexpected though!
When will I receive my final dividend payment?
As a result of the volume of dividend payments due to customers/creditors, you will receive your payment within four weeks of this email. Please note that if you have recently provided your bank detail updates to the Customer Care team, your payment may take longer to receive while your updates are processed.
Karen says
£23.95 for me some point in the next four weeks wish I d put my claim in before they folded I d rather have got nothing that to have been told it would have been £555 if I d have done it before they went into liquidation it’s pure torture
Diane says
It wouldnt of made a difference. I put my claim.in with 4 years ago… its been with the financial ombudsman for 3 years and they upheld my £1117.55 only for wonga not to pay out and then conveiently went bust.
Kat says
I did, but the FOS took forever to even look at my claim, and didn’t look at my claim against Wonga in time – I’m gutted, especially as I’ve not long lost my fella, could have done with the £1499 they owe me
RM says
I’m fairly sure that when correspondence first started going out last year pertaining to the liquidation, redundancy payments for Wonga staff were included in the calculations and unless I’m completely mis-remembering, I think these were averaging 90k per person! It just makes the low redress payments even harder to stomach. Would like to see broadsheet journalists follow up on this…
Antonia says
Yep £40 on a £900 claim. Well, better than the tenner I was expecting. Payment in 4 weeks what!!
Jane says
£16 Based on a claim of £380..4.3p in every £
louise says
Hi all just received the email at 6.01pm with the amount I’m receiving.I can tell you all the % is 4.3%.Absolutely horrific.
Lauren says
Just got my email, gutted.
The Joint Administrators are now in a position to declare a first and final dividend of 4.3p in the £.
You will receive a payment of £83.82. Your payment represents 4.3p in the £ on your agreed claim value of £1944.36.
Sara, happy to provide evidence of this if required.
Deb says
Just this minute received my email I will be getting £39.77 from £922
Stuart says
I have this email.
The Joint Administrators are now in a position to declare a first and final dividend of 4.3p in the £.
You will receive a payment of £142.26. Your payment represents 4.3p in the £ on your agreed claim value of £3300.05.
Char says
Just had an email off Wonga to confirm if the £1774 claim I will receive £76.50 laughable really
Lisa G says
I’ve just received my Wonga email. 4.3p in the £.
For a claim of £4640 I’m getting back £200.
Would’ve liked it to be more, but never mind. At least the wait is over.
I’d say most people will have an email now.
Daz says
Received email about said heading and it’s 4.3p to every pound for me. Claim was for £743 roughly was told I will get £32.