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TfL excludes cash advance businesses from big bucks sponsorships. Boris Johnson, Mayor of London, defended the offer in reaction to your critique.
Wonga.com along with other loan that is payday should be prohibited from signing major business sponsorships with Transport for London (TfL), after the very criticised deal with Wonga for brand new 12 months’s Eve 2010. TfL typically provides revellers free travel on London buses as well as the London Underground between pm on brand New 12 months’s Eve until 4:30am on brand brand brand New Year’s time included in a business sponsor. Wonga.com’s deal to sponsor the free travel for New 12 months’s Eve 2010 had been very criticised for providing the organization very prominent marketing neglecting to show the typical APR of a Wonga loan, which can be 4,214%.
Boris Johnson, Mayor of London, defended the offer in reaction to your critique. He stated: “We make no judgments that are moral genuine companies that buy ad room or sponsorship.” Nonetheless, businesses such as Wonga.com came under increasing force in present months and today TfL has suggested you won’t do similar addresses cash advance companies as time goes on. (más…)
