Wonga has gone, but the gig economy that made it necessary is still with us

Lenders will continue to offer payday loans, because the number of people living precarious lives is still risingThe demand for Wonga-like payday lenders is only going to rise and rise. Blame the digital age and its emphasis on speed and flexibility in all things.Wonga, which sank on Thursday under a mountain of compensation claims, is likely to rise from the ashes in a new guise and compete again with the many other financial firms offering instant loans at huge interest rates. The target marke