Applying for a loan should not be a long time consuming task, if you are in need of a swift cash advance, Wonga Payday Loans can be type credit for you, whether you want to pay your rent, pay school fees or transport costs.
Wonga is one of the most trusted loan lender in South Africa and with Wonga Payday Loans quick and easy online application you can borrow loan amount starting from R500 up to R4000 with repayment period of up to 3 months if you are a new customer and existing customers can borrow up to R8000 with a repayment period of up to 6 months. Wonga is a transparent lender showing you all the fees and interest for the loan you are borrowing before you start the application process.
New Customer Example: if you borrow a loan amount of R4000 for a period of 3 months you are going to pay R1785 per instalment, with initiation fee of R534.75, service fee of R232.30 and interest of R544.17 in total you are going to repay R5355.60
Requirements of Wonga Payday Loans
The following are the eligibility requirements needed when applying for a Wonga Payday Loan online:
You are required to be a South African citizen, 18 years or older with a valid ID number, contact number, you must be employed or self-employed and have latest proof of income like your payslip or bank statement, both documents should not be older than 3 months. Unlike other credit providers Wonga will only need you to provide only your proof of income.
Steps to Apply for Wonga Payday Loans
When you now have the required documents and you meet the eligibility requirements you start to apply for the loan by following the simply steps:
- Select the loan amount you desire by using the slider on the website
- Select your repayment date by clicking that plus button( the repayment date should be your payday)
- After choosing the loan amount and repayment date, you can click the “Apply Now” to procced with the application process
After you have finished your loan application you will get the outcome immediately whether you are approved or not, if you are approved your loan will also be paid immediately and the delay you will experience will be from your bank.
Wonga Contact Details
The following details can be used to contact Wonga if you want to know more about their loan product:
- Cellphone Number: 0861 966 421
- Email Address: customercare@wonga.co.za
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