The Wonga puppets boast about ‘straight talking money’, however their discounts are more high priced than credit unions.

The Wonga puppets boast about ‘straight talking money’, however their discounts tend to be more high priced than credit unions.

Final modified on Fri 2 Nov 2012 10.31 GMT

B etty, Earl and Joyce, the senior puppets in Wonga.com’s beguiling tv advertisements, vow “straight talking money”. But just what they do not inform watchers is the fact that short-term loans are offered for a tiny small fraction of wonga’s 4,214% price – and also to individuals who have been rejected by their bank.