Wonga is a fast growing personal loan provider in the South African finance industry. A micro lender which was started by two South African entrepreneurs in the UK eight years ago, Wonga has rapidly established a stronghold on the industry. Specializing in providing fast, easy and convenient pay day loans, Wonga has highly competitive services on offer. It has provided over 1 million loans to date and has a 99% customer recommendation rate.
As an institution at the forefront of online loans, Wonga affords individuals the opportunity to apply for loans without the hassle of face-to-face interviews or the tedious task of endless paperwork. A transformative institution, Wonga has provided small short term online loans, anchored by faster turnaround times. There are no hidden charges, as the process is transparent.
The handy sliders on the www.wonga.co.za home page are ideal for calculating how much you will afford and how long you will be repaying. Upon approval, Wonga will deposit the funds almost immediately into your account.
Pay day loans are short term in nature, which means that clients will usually be expected to repay them within 30 days.
How much is on offer?
As a first time Wonga client, you may qualify for a loan amount of up to R2500. Once you have established your reputation in Wonga’s books as a responsible borrower, with payments made on time consistently, you may qualify for up to R8000.
To qualify, you have to be above the age of 18 years and be a South African citizen. You need to have a valid bank account and debit card. Lending is subject to credit approval. This means that Wonga considers your credit profile as an applicant prior to any lending.
Call Wonga on 0861 966 421 or visit www.wonga.co.za.
