Bankrupt Katona axed by loan firm

Television personality Kerry Katona has been dropped as the face of a payday lending company after filing for bankruptcy for a second time in five years.

Katona, who was the face of Cash Lady, filed for bankruptcy at Wigan County Court, the Insolvency Service confirmed.

The former member of pop group Atomic Kitten was first declared bankrupt in 2008 after failing to pay an instalment of a tax bill.

The Cash Lady payday loans firm offers small sums of cash up to £300 (€350).

In the advert for Cash Lady, Ms Katona said: “We all have money troubles at some point — I know I have. You could see your bank and fill in loads of forms. But is there an easier way to get a loan? Check out CashLady.co.uk. With Cash Lady it’s simple to apply for up to £300.”

PDBUK, who trade under the name Cash Lady, said: “Clearly, as a business, we are committed to responsible lending, so it is with sadness that we will not be able to continue using Kerry as the face of Cash Lady.

“We enjoyed working with Kerry a lot, and we wish her all the best in her future endeavours.”

Morning twitter! Hold your head high and be proud, never be ashamed! Always try your best and believe in yourself! Have a great day xxx

— Kerry Katona (@KerryKatona7) July 2, 2013