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Wonga: 'Perception customers are poor'

5 November 2013 Last updated at 00:29 GMT

Short-term loan provider Wonga has told the BBC its business practices are being misrepresented and the vast majority of its customers are happy.

Its chief executive, Niall Wass, told Newsnight it had one million active UK customers, of whom 99% were content with the company's lending terms.