Wonga offers instant loans of up to R4000 for new customers, while existing clients can apply for up to R8000. You can easily apply for a Wonga loan from any device by simply visiting their website www.wonga.co.za.
You can choose to repay your loan from just four days or up to 6 months, and Wonga offers low interest rates meaning that their offerings are affordable. Their loan application process is quick, intuitive and takes only minutes to complete.
In order to complete your application, you will need to upload a recent payslip or bank statement showing that you have some form of regular income.
What’s great about Wonga is the fact that they are totally transparent – you can easily select your required loan amount and loan term by using the sliders on their home page, and your total repayment amount will show before you commit.
Wonga have really set themselves apart from their competitors, and we will be following them closely to see what they come up with next. With more companies beginning to offer an instant loan service, it will be very interesting to see what they come up with and how they will continue to grow in future.