► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />Wonga is wiping out the debts of 330,000 customers following the introduction of new lending criteria, in a move that brings yet more pain for the UK's biggest payday lender. The FT’s Emma Dunkley and Sharlene Goff discuss Wonga’s viability.<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k<br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes
