Short Term Loan

Short term loans are great for when you need instant cash for those purchases you haven't quite budgeted for. Wonga can give you a cheap short term loan that's easy to apply for, quick to receive and all yours to spend!

Sometimes you just need a quick loan. The problem is that most payday loans have massive interest rates, and a lot of unsecured loans from banks will only let you borrow large amounts and penalise you for paying it back quickly. But now there's a totally new way of lending with Wonga!

It's a new payday loan that you could be out spending within an hour. And 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 Wonga calculates exactly how much the repayment will be before you apply.

Why are other short term loans so expensive?

A lot of payday loans don't do a credit check, which is helpful for people with bad credit, but if you do have good credit it means you're being penalised! In order to get a Wonga short term loan, you'll have to pass our online loan credit check. When you do you'll be able to take advantage of our super fast service - plus if you apply before 3pm weekdays you can have your loan within an hour! That makes us the fastest loan service in the UK!

A short term loan that gives you financial freedom!

Whatever you choose to spend it on, you don't have to justify it to Wonga! Just think of it as a cash advance before your money comes in. It's cheaper than other short term payday loans - in fact it's a cheaper way to borrow than using a lot of leading credit cards over aa long period, or getting an unauthorised overdraft from your bank too.

The only request we have is that you only borrow what you can afford to pay back within a month. Wonga encourages responsible borrowing and only recommends you lend what you know you can pay back. We've made our rates as simple as possible so your loan is easy to understand.

When there's too much month at the end of your money your lifestyle shouldn't have to suffer, nor should you have to grovel to the banks! Wonga can cover you until your next payday so you can have the freedom to live your life!