Wonga Loans Review

Wonga Loans | Borrow Up To £400

Wonga Loan Reviews
Mr. Lionel Thomas (26/02/2011)
our washing machine broke down in the middle of the month and i needed some quick cash until payday, so i turned to wonga loans and i had the money in my account same day, only took a few minutes to apply, really simple and easy to do.
Colin Francis (16/04/2011)
It was my fathers 50th birthday and we wanted to give him a suprise party to remember, wonga loans lent me the cash same day, which was a great help until my nexy pay packet
Tracey Simpson (18/04/2011)
i needed some cash to pay my mortgage and wonga loans was recommended to me through finance talks. i could borrow exactly what i needed and choose how long i needed to borrow it for. i had the money the same day! just what i needed to tie me over til payday!
Henna Mahmood (08/06/2011)
Wonga Loans are great! I had the money in my account the very same day; and it only took a few minutes to apply, really simple and easy to do. Great once again!

How To Apply at Wonga Loans

The Application Process

1. Use the slider box on the homepage to show how much cash you want and how long you want  it for

2. Verify the total repayment which includes Wonga fee’s

3. Click “Apply Now”

4. Fill out and submit the form with employment, bank, and debit card details

5. Receive the approval email

Find Out How Much You Can Borrow

£1 – £400 for new customers and up to £1,000 for existing customers depending on trust rating.

The Speed of  Payout
Wonga Loans make cash deposits within 15 minutes of application approval. This also depends, however, on the schedule of the receiving bank. Some funds make to longer to show if banks are smaller and do not have automatic cash transfer systems.

Wonga Fees
A £5.50 transmission fee for fast cash deposit; the fee is included in the repayment amount. The loan interest is charged by day and depends on the amount of the Wonga Loan.

Late Payment  Charges
If the debit card has insufficient funds on the morning of the due date, there is a missed payment fee of £7.50. If payment is still not available by 5pm of the due date, there is another charge of £17.50 and the account is passed on to collections.

ID requirements
Personal information (name, address, phone number, etc.), bank account details, and debit card details for verification.

Do I Need a Bank Account?
Yes, from the UK.

Repayment Example

Amount of credit £207 for 20 days, total amount payable £254.42.

Interest £41.92. Interest rate 360% pa.

Transmission fee £5.50.

Representative APR 4314%.

Who Are Wonga Loans?

If you are someone in need of money but find it confusing on what company to go for, what loan is best and how much do I need to borrow then let the team at Wonga Loans help you out. So many loan companies these days ask for security deposits, guarantees, reams of paper work and plenty of follow-ups, but at Wonga Loan Offers none of this applies.

Wonga Loans is an innovative move in the credit market with its pioneering online lender business based in London. Launched for the first time in October 2007 Wonga Loans has helped many people across the United Kingdom get a loan that can benefit them and help them through the tough months that they may face.

The question here is what makes Wonga Payday Loans special? Statistical data taken across their customer base has resulted in a summary of 92% of people who have said they are satisfied with the service offered from Wonga Loan Offers. Amongst these customers 93% believes that the ease of service at Wonga Loans is remarkable.

There are also a massive 76% of individuals who refer Wonga Loans to their associates, family and friends, 75% claimed that services at Wonga Payday Loans are far more easy and complex free than a traditional longterm source of credit.

When Will I Get My Wonga Loan?

If you think that these claims are not enough for you to give Wonga Loan Offers a try then it is time for you to know that the processing time at Wonga Loans is just a few minutes from the time you apply, get approved and receive the cash. Not many payday loan companies can offer this prompt and efficient service.

Are you tired of the queues, meeting with bank managers, negotiation, phone hang ups, and pushy sales teams try to get you to take fixed amount loans or making you pay interest irrespective of the payment terms?

Here is why Wonga Loan Offers should be your obvious choice: Since it is purely an online service there is no paper work at all and they are far more flexible than the short term lenders in a way that lets you choose the amount you wish to lend and decide your own terms.

So go ahead, try Wonga Loans for yourself and see how they can help you financially.