The organization has attracted official censure more than its happily relaxed approach to using up loans; inside the January it had been obligated to beat a full page from its website you to recommended their financing had positives over figuratively speaking (neglecting to explore the Apr off 4,214% while the current education loan rate of just one.5%), and you may inviting people so you can borrow cash from their website to possess things like since holiday aircraft towards Canaries. The new proposition is destined variously because “cynical”, “predatory” and you can “irresponsible”. The fresh Advertising Criteria Power grabbed an early, just as jaunty advertisement off the sky, governing that “light-hearted speech of ad try going to mislead towards character and you may effects of your own tool”. Transportation getting London is actually criticised getting a sponsorship package they arranged which have Wonga.
“The causes Wonga is present aren’t funny grounds.