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In June 2013 Wonga raised the standard interest rate quoted on its website from 4,214% to 5,853% APR.
Wells Fargo, the nation's largest mortgage lender, has raised its standard interest rate on 30-year loans to 4.625 percent, from 3.9 percent.
The standard interest rate will be 35.9%, but the service will also offer loans to people with severely impaired credit ratings on a so-called "second chance rate" of 79.9% APR.
In June, Wonga raised the standard interest rate it quotes on its website to 5,853% APR, leading to renewed calls from poverty campaigners for a cap on the cost of short-term credit.
But as the Flexible Saver's standard interest rate is just 0.05% you'll be waiting a long time for that growth: a £1,000 lump sum would, after 10 years, have grown by £5.01p, assuming that interest rate stays the same and no additions or withdrawals are made.
The standard interest rate is 8.7 per cent APR on loans between £7,500 and £25,000, but if you apply by 7 September for a loan of £7,500 or more, and for a term of at least 36 months, you'll receive 10 per cent of your interest back.
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We already know that years ago they started scurrying around like panicked rats, worried that they were only making money off things like standard interest rates on unpaid balances, annual fees, and the usual rate hikes on the delinquent.
By several standards, interest rates should be rising.
Any changes to customers' standard annual interest rate as a result of change in the base rate are effective from the date the customer receives their next statement".
A letter sent out by Halifax – which is thought to have several million credit card holders – states that it is making an important change to customers' terms and conditions so that from 13 February any rise or fall in the base rate will be precisely mirrored by the card's standard annual interest rate.
A Halifax spokesman said: "The notification letter was sent to all Halifax and Bank of Scotland credit card customers whose standard annual interest rates are linked to the base rate.
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