Wonga

Wonga is a UK company that provides short term loans within 15 minutes and loans are up to 35 days. The maximum amount of loan is 1000 British Pounds. It’s an iPhone App. This sounds to be to be true. Apparently it is since I just read a tweet saying that the APR on a Wonga loan is “typically” 2689%. Wow!

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s