Administrators winding up payday lender are devising a computer-based tool to decide whether claims are valid
Administrators for Wonga, the controversial payday lender which went bust this year, are planning to automate the process of judging thousands of outstanding compensation claims, leading campaigners to voice concerns that some customers could lose out.
Accounting firm Grant Thornton is in the process of winding up Wonga, after it collapsed in August under the weight of costly claims for compensation over mis-sold loans.
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