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.