08/10/2014

ASA Ban Wonga Advert

A television advert by payday loan company Wonga has been banned by the Advertising Standards Authority (ASA).

It is understood that the Citizens Advice Bureau lodged a complaint over the ad, claiming that it breached regulations by not revealing the loan's interest rate.

The ASA ruled that the television ad must not appear again in its current form.

Wonga claimed that it was an old advert and that all advertising was currently undergoing review.

(MH/JP)

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