The UK's Biggest Payday Loans Lender ?

[DB-PROJECTS]

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Dear All,

I am looking for your expert opinion on who you think is the UK's biggest and most stable payday loans lender

I am looking at it from a perspective of

1) Size of the company
2) Popularity in the market place
3) Funding behind them
4) Stability (Are they gonna be staying around for a long time)
5)Who's expanding rather than cutting back lending etc


and any other reason why you think your choice is the biggest lender. Also which payday loans lenders buble is about to burst so to speak.

Thanks for your opinions

:tup

[Flex-Finance]

Maybe Wonga?

Plenty of funding behind them and building a "brand".

[DB-PROJECTS]

Where would you say the likes of

MEM
Quick Quid

Pounds till payday


Fit into the market place, are they big players or not

[Flex-Finance]

Hard to say as I havent seen any recent data on what the level of payday lending is at currently. The ones you mention are some of the biggest online players. I understand the retail/high st lenders still have the largest market share through Money Shop, pawnbrokers etc.

I have seen some bad debt figures of some smaller online payday loan lenders and cant understand how they are still in business!