Wonga Payday Loan

WONGA

Wonga (Payday Loan)

Lender

EXCLUSIVE Which Way To Pay offer! – New Customers save 50% on Wonga.com transmission fees with voucher code WongaWWTP, valid until 31st July. Wonga.com is the ‘same day cash’ lender – you only pay the interest for the length of time you borrow from us. Traditional ‘PayDay lenders’ charge interest for a full 30 days, no matter how long you actually need the money for. With Wonga.com, if you pay back early, YOU PAY BACK LESS. We are also the FASTEST lender; if accepted, you'll get the money in your bank account within 15 MINUTES, GUARANTEED. So if you want a loan to suit your needs, rather than the lenders’, come to Wonga.com – little loans. lots of control.

Advantages

Very user-friendly calculator / sliding scale on homepage to view your possible loan, term and interest

Choose your repayment by the day - the shorter the loan the less you pay

If accepted, you'll get the money in your bank account within 15 MINUTES, GUARANTEED. Max loan amount is £400 for new customers and up to £1,000 for existing customers

Disadvantages

APR is high - though loan is only 30 days maximum

Possible to borrow just £200 at first

Terms & Conditions

Applicants for loans will only be approved if they are UK residents and over 18 years of age. Credit score and credit history will be taken into account.

Lender: Wonga.com

Identification Required

None - just bank account and debit card required.

Additional Requirements

Debit Card Required:

Yes

Bank Account Required:

Yes

Costs, Rates & Fees