We’re all going on a summer holiday, no more worries for a week or two… Ah, Sir Cliff’s song still rings true for many at this time of the year, but funding a summer break can still cause a seriously furrowed brow.
It’s a big claim to make, but Wonga was highly commended by the judges of the International Business Awards this week – in the category of Best New Service or Product in Financial Services. So we’re certainly one of them according to them!
If you’re a Wonga customer, you’ve still got a few weeks to tell your friends about our cash advance service and be entered in our big birthday draw. We’re celebrating our birthday all month as you can see from this lovely video!
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A message from the team at Wonga.com
Hi there
We have removed the previous material on this page, which was about student finances, the risks of unauthorised overdraft charges and the differences between long and short term loans. We took it down because we do not actively target students as potential customers and we wanted to clear up any confusion about that.
We listen to our customers and public opinion, so it was clear the old article here gave rise to misunderstandings. We would like to clarify that Wonga does not target students. Yet we do not discriminate against working, adult students who may choose to apply either, because all applications are assessed in the same robust and completely objective way.
We make decisions based on thousands of pieces of public data, not someone’s educational status. A student would need to have a regular income to be considered for a loan and students represent a miniscule proportion of our customers.
The previous article on this page was several years old and one of many brief pieces we have written about the broad subject of credit since we launched our online loans service. No-one was directed to this page, nor was it prominently promoted on the website. In fact, the main purpose of the content was search engine optimisation, or ‘SEO,’ which is a common practice for any internet business that wants to appear in searches for relevant subjects. In our case, all things relating to loans and credit.
Kind regards
The Wonga team
