• Experts warn that a record of having used payday loans can cause some lenders to turn people down flat
  • The lender declined to say how many of the emails were sent but said they were no longer in use

Payday lender Wonga has apologised after sending emails implying that one of its loans could 'do wonders' for people's credit ratings. Consumer help website MoneySavingExpert (MSE) warned that the presence of payday loans on people's credit files can cause some lenders to turn people down flat. It was contacted by an MSE user who received such an email from Wonga last month, which read: 'Repaying your Wonga loan on time does wonders for your credit rating!' Wonga.com apologised for any confusion caused and said that an old version of a customer email had been temporarily used. The lender declined to say how many of the emails were sent but said they were no longer in use.....Read more here: Wonga 'sorry' for sending emails implying that its loans could 'do wonders' for people's credit ratings