Wonga in Guardian pitch
July 31st, 2008
Our founder and CEO, Errol Damelin, was recently interviewed by a popular Guardian blogger. They discussed the reasons for launching Wonga.com and our unique approach to small, short term loans. Read about Wonga and flexible loans online.
August 5th, 2008 at 12:19 am
I read the news item with interest
and wish I had sooner as I would
have left a comment on the Gaurdian
website.
I think that some internet companies
are not as customer focused as Wonga,
(It does make a difference in terms of
loyalty).
There were a few critics but also some
very positive remarks and I would have
to say it really depends on your own
circumstances if Wonga is right for you.
From my perspecive Wonga has saved me money
which some may find hard to belive but it
has and probably will in the future. For
several months I reduced my working hours
to accomodate a degree course, and obviosuly
that means a reduction in income.
Now the most important aspect here is to
ensure that all direct debits and commitments
were paid on time, which they were thanks to
Wonga. If they had not been I would have
had all manner of bank charges which as some
people have unfortunately found can easily
run into 100s of pounds if not more. Using
Wonga also I belive helped preserve my credit
rating.
The biggest win for me was booking my flight to
the states. I found a great deal with an airline
but did not have the cash, if I didnt get it quickly
I would not get the discount. I took out a loan
with Wonga and saved myself about 280 pounds. That
just about covers all the interest I have paid in
the last year … A Win-Win situation for me
As I said at the begining of my post, it depends on
your circumstances but used responsibly it can be
a better service than the high street banks, it
is fast and a service that is reliable.
Good luck team and my personal thanks.
James