Wonga
| Some quick information about our Wonga review. | |
| APR (%): 2689% | Loan Amount: £800 (£400 for new customers) |
| Typical Charges: 1% per day | Additional Charges: £5.50 transmission fee |
| Credit Check?: Yes | Debit / Bank Required?: Yes |
| Payment time (estimate): 15 Minutes (Guaranteed) |  |
What you need to know:
Established in 2001, Wonga is one of the leading Payday Loan Companies on the internet. They specialise in offering the fastest approval rate around and offer a 15 minute guarantee – it doesn’t get much better really. Reviews of Wonga.com are generally positive, consumers get their cash on time are generally very happy with the service.
Criteria:
Like most payday lenders, Wonga has set eligibility criteria for applying for a Payday Loan. There’s nothing unusual here though, you must be over the age of eighteen years, a permanent resident in the UK and in full-time employment.
Customer Service and Problems:
We have found no issues in this respect. We have tested the level of customer service and found it to be very responsive. Wonga appears to have something of a clean slate at the moment.
Overall:
Wonga is our recommended payday lender of choice. They have made a meteoric rise in this industry and this is based mainly on how EASY they have made their application process and how quickly the honour accepted applications. Wonga has revolutionised the way lending is conducted online – it’s fast, easy and convenient.
