Wonga
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Wonga specialises in providing quick, short term loans to qualified South African borrowers.
The company encourages responsible lending – Wonga loans should not be seen as a solution to a serious debt problem. |
Wonga loans are ideal for people that need to borrow cash for a specific use, e.g. purchasing an appliance or other equipment for the home, paying for unexpected car or other repairs, covering stationery and other requirements for children that are scholars/students at the beginning of the year, etc.
If you need up-front cash to cover a once-off expense, and you can afford to pay back the loan quickly, then Wonga is probably the best choice for you.
Applying for a loan from Wonga is very straightforward. The entire application process is handled online, and an answer is usually given almost immediately.
To apply:
Applying for a loan from Wonga is very straightforward. The entire application process is handled online, and an answer is usually given almost immediately.
To apply:
- Go to the Wonga website (click on the graphic above to reach the site).
- Use the sliders to indicate how much money you need to borrow (up to R2 500 for first-time borrowers) when you will be able to pay it back (must be paid back within 35 days).
- You will then be shown the total cost of the loan, including interest and all charges.
- If you are happy with this information, hit the Apply Now button and follow the simple registration and application instructions
- Wait for a quick answer. If your loan application is successful the money will be deposited into your bank account almost immediately.
