In South Africa, there is a perception that those applying for short term credit or unsecured loans do so as a result of needlessly overspending or spending more than they can truly afford. However, a new survey carried out by Wonga, has revealed a different reason. 

After gathering information from more than twelve thousand of Wonga’s South African based customers, it has been revealed that the primary reason for people applying for short term loans is to cover unexpected expenditures. This includes things such as purchasing what people regard as essential household items and paying urgent bills, as well as covering medical expenses and school fees.
 


11/24/2013 4:06am

Bloggers like you are very few on World Wide Web and I am happy to found you. It’s like finding a pearl in the sea, tough but fruitful. Best wishes and regards.

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fanie
10/29/2014 11:26am

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Fanie
10/29/2014 11:29am

no comment

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11/09/2014 9:50pm

I am locked out so I cant complete wonga's survey.Please help.

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