Wonga Payday Loans

Published on August 13, 2010 by admin   ·   No Comments

Wonga Payday Loan Review

To qualify for a Wonga payday loan we require you to be 18 or over, holding a UK bank account which your salary is paid in to and be in employment.

Wonga Wageday advance loan benefits:-

  • 2 minute secure online application & approval
  • Same day £1 to £400 payout possible
  • Major UK specialist online lender since 2004
  • Over 100,000 completed loan transactions
  • UK Call Centre
  • We say yes to 85% of all applicants
  • No credit checks carried out

Wonga Payday Loan Terms

The maximum loan amount for United Kingdom residents will be £1000. New Wonga customers may be limited to a maximum loan amount of £400.

Applying for a Wonga payday loan is simple. There is no paperwork to tackle or documents to fax . They have an online service from start to finish. Just use the sliders on the Wonga website to decide exactly how much cash you want to borrow and how many days you need it for. Wonga show you the full cost and, once you’re happy with everything, click apply. Wonga then ask for some personal details and banking information for a credit check to send the money in to your account

  • Fill out the short application form which they will normally respond to in a matter of minutes.
  • You will receive an acknowledgement from Wonga that your application has been received.
  • Credit check done and then Wonga guarantees to send cash in to your bank account in 15 minutes.
  • Wonga guarantees to send cash to your bank account in 15 minutes

Wonga Payday Review

The typical APR for this service is 2689% and payday loans credit charge is 20%

Wonga Finance Charge

Wonga payday loans simply debit the payment from your debit card on your payday for the agreed amount – no fuss and nothing further for you to do.

The total amount payable by you on the due date is the loan amount and the finance charge.

The loan is repayable in full on your next pay day but, for a small fee, you can request an extension of the repayment date until the following pay day charged at an additional fee

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