Bank Loan

Trying to get a Bank loan isn't the nicest experience. Meeting, waiting and justifying your loan to a bank manager isn't really a fun thing to do, so why bother? If you need a fast loan, say under £1,000, why not use Wonga instead? Wonga.com is a new way to borrow money until payday, without dealing with a bank.

If you're not a bank loan provider - what are you?

Wonga isn't a bank. We're a financial service. What's the difference? Well we don't have bank manager's for a start. In fact, you don't even have to tell us what the loan is for - that's your business! Perhaps you need a little extra money for home renovations, or just really need a holiday, it could be anything, anytime you just can't wait for payday. Providing you can pay it back by your next payday, we're happy!

Essentially we're a low cost payday loan that's unlike any other on the market. We're cheaper than any other payday loan company, and we're also the UK's fastest loan service. Put simply, the interest rate is £1 per £100 per day. Select how much you would like to borrow and the date you promise to pay it back and SameDayCash calculates exactly how much the repayment will be before you apply.

Wonga is quicker than a bank loan too!

A Wonga loan is all done online which makes it so much quicker and easier than a bank loan or even an overdraft! If you apply before 3pm on a weekday, we guarantee it will be in your account within an hour! If you apply after those hours, you'll get it by the next business day.

Bank loans: are they all they're cracked up to be?

The good thing about bank loans is that they usually offer lower rates - but the catch is they'll also want you to take out larger amounts over a longer period of time. This is so they make enough interest from you, and many banks do penalise for paying loans off early.

But what about those times you just need to make some purchases under £1,000 you haven't budgeted for? That's why a loan with Wonga is such a good idea. It lets you borrow as little as you like. Depending on your trust rating, you can have your cash advance for between £200-£1,000.

Wonga is an alternative to a bank loan.

Borrow what you need - not what the bank wants you to! When you need a small loan for a short period of time, it really isn't worth going to a bank when you can get a payday loan from Wonga. When it's a case of having too much month at the end of your money, use Wonga instead of a bank loan and save yourself the effort of dealing with the bank!