City of London Police have confirmed they are to look again at whether they think a criminal investigation into Wonga would be appropriate after the payday lender sent out fake legal letters to customers.
The Church of England, which has indirect investment in payday lender Wonga, said that it "welcomes anything that clamps down on aggressive or irresponsible debt collection".
ITV News Business Editor Joel Hills reports:
The country's biggest payday lender apologised after admitting it sent 45,000 customers letters from fake law firms.
The payday lender's misleading practices has shown how unfairly customers have been treated in the past.