OpenWonga

News and views

As one of the most high-profile businesses in the finance sector, we attract a broad range of views on what we do. Here's our factual take on some of the hot topics involving Wonga.

53,000,000% APR

Date article publshed: 30/01/2013 Read original article >

On 30th January 2013, the Daily Mail published an in-depth investigation into the high cost of unauthorised overdrafts.

It also printed a supporting editorial that suggested annual percentage rates (APRs) can be a misleading way to compare short-term credit.

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Response by Admin Published: Categories: Wonga Annual Percentage Rate (APR) Unauthorised overdraft

International expansion

Date article publshed: 28/01/2013 Read original article >

On 28th January 2013 the BBC published a wide-ranging and balanced article about Wonga’s international expansion plans.

The piece talks about Wonga setting up in regions such as South Africa...

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Response by Editor Published: Categories: Wonga International

Which? advertising research

Date article publshed: 26/01/2013 Read original article >

On 26th January 2013, MailOnline published a piece about Which? Money research into short-term loans advertising on children’s television.

The article mentions Wonga as one of the “highest...

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Response by Editor Published: Categories: Wonga Advertising

The Europas

Date article publshed: 23/01/2013 Read original article >

The Europas, Europe's startup awards, were held on the 22nd January with 1,000 guests gathered to celebrate the best of the continent's tech talent.

Wonga was named Best Heavyweight Startup.

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Response by Editor Published: Categories: Wonga

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Given the large amount of media coverage about Wonga, we will not be able to post a response to every story. We will reply to your request within 48 hours and let you know of our decision.


Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk