Archive for July, 2010

Lloyds TSB conjures up new bank overdraft charges

Thursday, July 29th, 2010

Sometimes you have to marvel at the ingenuity of the UK banks in tackling criticism whilst protecting their income. Lloyds TSB is the latest high street giant to announce reductions in controversial unauthorised overdraft charges, whilst bumping up other fees to balance the books.

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Wonga customers talk about the short term loan service

Thursday, July 22nd, 2010

We recently invited Wonga customers to visit London and spend an hour in a studio, talking about why they like using our online, short term loan service. Despite only offering to cover basic travel expenses, we had plenty of takers and we all enjoyed a good laugh in front of the cameras. Many thanks to everyone involved! If you are interested to know more about our flexible approach to small loans then why not listen to what genuine Wonga customers have to say? Happy viewing…

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Bank overdraft charges in the spotlight again

Tuesday, July 20th, 2010

Fascinating to see the UK banks’ latest defence of unauthorised overdraft charges. They came under attack from the BBC’s Panorama programme and Vince Cable, Business Secretary, this week. Here’s an extract from a Press Association article…

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Wonga is Blackpool’s shirt sponsor for Premier adventure

Friday, July 16th, 2010

Wonga tshirtAs the countdown to kick-off continues, Blackpool FC has secured a new signing for the club’s first season in the Premier League… Yep, Wonga has today been announced as the 2010/11 shirt sponsor!

Everyone here is bouncing around with excitement and looking forward to the new footie season with even more excitement than usual. Especially after the World Cup washout.

Our founder & CEO said of the deal, “We are still relatively young but we’re growing fast and have big ambitions, just like Blackpool. Their rise through the divisions and fairytale promotion last year was an inspiration for football fans all over the country, so it’s a great fit for Wonga.

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10 money saving tips to beat the credit crunch

Tuesday, July 13th, 2010

If the economy, the budget and your own personal finances have got you down and you’re tired of hearing that you should cut back on pub nights in order to pinch a few pennies, then read on to learn our favourite credit crunch money saving tips.

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Banks continue to balance the books under pressure

Monday, July 5th, 2010

UK high street banks are still under pressure to reduce the fees they charge for unauthorised overdrafts, despite winning a Supreme Court case last year, but they continue to find other ways to keep the money flowing in. This recent article in the Independent highlights the ‘seesaw’ approach, with some controversial overdraft fees coming down, whilst other fees for regular use of accounts go up…

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Hooha! Wonga.com launches a new TV advert

Thursday, July 1st, 2010

Check out our new TV ad, hitting the nation’s TV screens today. The theme is little loans, lots of control – as we’re the only short-term lender allowing you to control the exact size, length and cost of a cash advance.

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