Wonga collapse makes Britain's other payday lenders in firing line

LONDON (Reuters) – The collapse of Britain’s biggest payday loan provider Wonga will loan solo review probably turn the heat up on its competitors amid a rise in grievances by clients and telephone telephone calls by some politicians for tighter legislation. Britain’s poster youngster of short-term, high-interest loans collapsed into administration on Thursday, just months after increasing 10 million pounds ($13 million) to greatly help it handle an boost in payment claims.