If you’re in need of a short-term financial boost Wonga Loans may be ideal for you. Specialists at providing fast, little loans, the institution has a lending process that takes place 100% online.This saves you some precious time because you don’t have to deal with any bank queues or face-to-face interviews with various consultants asking you a range of personal questions. With Wonga Loans, the solution is fast and flexible.
You may be asking yourself how this works. This is how it works:
- Go to www.wonga.co.za and use the sliders to decide how much you want to borrow as well as for how long.
- Click Apply and fill out the quick online application form
- Wonga will verify your details and do a quick credit check
- If you are approved, you will get an instant decision and the funds will be immediately transferred to your account
Wonga prides itself on being able to provide fast solutions, so you are guaranteed access to the funds on the same day (within 15 minutes of approval).
Since 2012, Wonga has provided over 1 million loans in South Africa. The institution aims to transform the South African credit market significantly. Founded by two South Africans in London, the service was refined in the UK over a period of three years before making its way to South African shores. With a successful rate of assisting over 4 million people in the UK, Wonga had a winning formula. The entity bases its operations on transparency and flexible solutions that help its clients improve their credit rating.
As a payday loan provider, Wonga gives clients a period of a month to repay the loan. Fast cash advances provided by Wonga Loans can be used by clients however they wish. This may be for paying an emergency medical bill, or even rent or school fees.
97% of Wonga clients say they would use Wonga again.