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Oh dear - political dogma introduced to the thread ! Wonga is a limited company not a PLC and all the shares are owned by the founders or private equity companies. The Tory government has a lot to answer for but left wing lies don't help the situation at all.

Hardly the same though is it ? I assume you've brought your home outright with cash ? You of course wouldn't dream of renting as all that does is put money in the pocket of the corrupt capitalist profit making pig landlord !

Rather than banning them advertising the government should put a cap on interest that can be charged for credit. Obviously it would kill most of the payday loan industry overnight though.

Borrow £500 for a year and you'll pay £23.5k in interest !