Payday Lender Wonga Offers eFinance Loans

By  |  December 17, 2012
 | 

Wonga, a payday lending company, is expanding its business to longer-term financing for eCommerce purchases, notes Finextra.

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    The new three-month financing deals come with a PayLater APR of 27.7 percent, which is comparable with many bank-issued credit cards.

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