Peter Crook (businessman)

Peter Crook is a British businessman best known for his involvement in the payday loan industry. He served as the CEO of Wonga.com, a prominent UK-based payday loan company, from 2009 until 2014.

During his tenure at Wonga, the company experienced significant growth but also faced considerable controversy and criticism regarding its high-interest rates and lending practices. These practices led to accusations of predatory lending and financial exploitation of vulnerable individuals. Wonga.com ultimately collapsed in 2018 after a surge in compensation claims related to unaffordable loans.

Prior to Wonga, Crook held various leadership positions in the financial services sector. Details regarding his earlier career path are less widely publicized compared to his time at Wonga.

Since leaving Wonga, Crook has maintained a lower public profile. Information regarding his subsequent business activities and current ventures is limited. His involvement with Wonga remains the most defining aspect of his career as a businessman.