News & events


07 July 2013

Why Wonga is wronga

Human Sciences Research Council (HSRC)

Microlender could not be more wronga. In fact, it could be considered to having gone bonga when it issued a statement this week saying a survey of its client base showed that most South Africans are not living beyond their means.

Wronga bonga says 43 percent of its customers need to borrow only when they have an emergency such as vehicle repairs.

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Human Sciences Research Council (HSRC)

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