Regulator’s report reveals 400,000 cash advance commercials shown annually and therefore kids viewed 70 a 12 months on average
television ads from payday advances such as for instance Wonga have actually increased massively over the past 36 months, based on an Ofcom report
The sheer number of television commercials for pay day loans from organizations such as for instance Wonga has rocketed from 11,000 yearly to very nearly 400,000 over 36 months, brand new research has discovered.
Some 397,000 cash advance adverts had been broadcast on British TV that is commercial in 2012, in line with the news regulator Ofcom, up from 11,000 last year. Final 12 months the advertisements had been seen by adult people an overall total of 7.5bn times. The study probably will b st the strain on the loans that are payday, which includes also come in for critique over its conduct from teams including people guidance.