Payday lender Wonga considers move into mortgage market and savings. Controversial payday lender Wonga is considering a move into mortgage lending and money transfers. Earlier this year it launched a service offering loans to struggling small businesses. Now ambitious chief executive Errol Damelin has revealed the firm could start offering other products. He said: ‘You will absolutely see Wonga in areas where the traditional financial services players don’t deliver good value. 'We’ll do other stuff like payments and savings. We’ll probably do mortgages at some point.’ Yesterday a spokesman insisted any decision to move into the mortgage market would ‘be a considerable way off’.....Read more here