Wonga Loans
Wonga Loans South Africa
Wonga South Africa has just made it very easy for South Africans to apply & get small personal loans through this innovative lender.
In fact Wonga is quickly transforming the personal loan market in South Africa by offering short term loans online (up to R2500 for new clients) which usually get approved extremely quickly (within minutes) with little fuss or hassle.
Apply For Your Wonga Loan Here – It’s Quick & Easy
It’s so easy to apply for a Wonga loan
- Use the top slider to select the amount of cash you want
- Adjust the bottom slider to choose how long you want it for
- Then click the “Apply Now” button
If you’re a first time Wonga client then you will need to supply the following information when you apply for your loan »
- Your South African ID number
- Your bank account details
- Your 3 most recent payslips or bank statements showing your income.
- A mobile phone, switched on with a SIM in place – Wonga will send you an SMS to verify your cell phone number so watch out for that
If you’re an existing Wonga client just login and get approval for your new loan in minutes
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Be Careful Of Loan Scams
Just as by way of an alert for any potential clients, Wonga warned consumers against a loan scam going on after it became aware of people fraudulently misrepresenting Wonga & offering loans to consumers.
Therefore consumers should be vigilant & ensure that they are dealing with the official company by checking email addresses & website addresses before parting with any personal information.
Benefits Of Wonga Cash Loans
One of the major benefits & advantages of applying for your loan through Wonga is that, unlike main stream banks that can keep you waiting for days to find out whether you’ve been approved or declined, your application will be processed online within minutes.
You can get your funds in 3 easy steps…
- Select the amount you wish to borrow & the time frame and submit your loan application online
- If your application meets their criteria your application will be approved in minutes
- After approval your money will be transferred directly into your bank account
How Much Is the Interest & What Are the Loan Fee Amounts?
Just by way of an example the repayments, interest & fees on a loan for R2500 to be repaid in 30 days are as follows;
- Principle amount: R2500
- Interest & Fees: R541,96
- Total: R3041,96
However, if you are a returning client & your trust rating has improved, Wonga may provide you with more borrowing flexibility meaning that you will not only be able to apply for higher loan amounts, but your application will be approved even faster.
All that is left for you to do is to decide how much money you want to borrow & how long you want it for (before paying it back).
To help you decide & see exactly what your interest & fees will be, just use these sliders to make your choice & then hit the “Apply Now” button…