Every business likes to offer flexibility these days; whether it’s a multitude of phone tariffs to pick from, a burger served with or without gherkins, open-ended DVD rentals or laptops available in every colour of the rainbow. But one industry that’s not famous for bending to your needs is the personal loans market.

Indeed, traditional bank loans are generally very rigid in terms of how much you can apply for and how long you’ll be making repayments. Typically you’ll be offered four or five fixed amounts when looking to get an unsecured loan - such as £3,000, £5,000 or £10,000 - plus a small choice of loan lengths, say from one to ten years. But what if you only need a small sum of cash for a few days or weeks?

Payday loans have taken off in the UK in recent years and cater for people in need of a few hundred pounds, but they are not much more flexible than bank loans in many cases and the costs are high. Generally you can only pick from a few sizes of loan, in increments of £100 for example, plus you’ll need to repay on your payday, regardless of when you apply. The fees charged are also usually fixed, with a set fee per hundred borrowed.

Wonga is bucking the trend for loan products that suit the lender, by providing small, short term loans on your terms. The loan calculator on the home page allows you to select exactly how much cash you need and then control the cost by deciding how many days you want it for. The shorter the cash advance, the lower the interest and cost of repayment. As you move the sliders to determine loan amount and length, you’ll see the exact cost of repayment changing accordingly.

What’s more, this level of flexibility continues once you’ve been accepted and have received your cash. By logging in to the My Account section of the site you can repay a Wonga loan at any time and save money on the original cost calculated. That’s because you pay interest by the day and there are no catches or penalty fees for early repayment - something else the traditional loan industry is renowned for.

Do you love Wonga.com? Do you love to tell your friends about our award-winning service? If you’ve answered yes to those two questions, then you’ll love to hear that we’ve just made it easier for you to tell all your friends about us.

When you log in to the My Account tab, you’ll see that we’ve tried to make it as easy as possible for you to tell your friends about us. You can email a note to your friends or post it on Facebook, Twitter or Bebo.

Although we can’t guarantee your friends will all be accepted, there are no limits to the number of friends you can refer.

Log on now to learn more about referring your friends to Wonga.

On 3rd June WongaWoman and WongaMan had the wonderful opportunity to meet a few Wonga customers while shooting a new series of customer testimonials.

It was a gorgeous sunny day and we spent all of it in the studio sweltering under the hot lights!

Some of the participants were able to partake before work and others after work while the really lucky ones had the day off to spend in the city. No matter what time they joined us, everyone thoroughly enjoyed their time in the spotlight.

The comments below are from a couple participants who emailed the following day to say thanks:

“I really enjoyed the experience. You were all wonderful and made me feel at ease. Thank you!”
-Roy

“I had a great time.  The experience was awesome. I just wanted to extend my gratitude for firstly selecting me and secondly meeting the crew, they were all really professional and patient with me.”
-Dawn

We look forward to seeing the finished product. You’ll be sure to find the new videos soon on our customer testimonials page and YouTube.