When faced with an urgent and unexpected bill, or trying to land an amazing bargain, fast money can help you ride the financial rollercoaster of life. Speed is king in today’s impatient society, from fast food to speed dating - and even loans have been turbo charged recently.
Of course speeding up credit could have serious drawbacks, if it becomes too easy for people who already have debt problems, or can’t realistically afford the money on offer.
Wonga set out to offer fast money in a responsible way, by providing small, short term loans online. The company developed a super fast and automated decision system, providing applicants with an instant decision on their screen, whilst insuring they only help people who can afford a small loan of up to £1,000.
Without getting too technical, Wonga’s systems crunch thousands of pieces of publicly available data to make the best possible decision for each individual applicant.
Fast money doesn’t get much faster than a Wonga cash advance, with funds sent to approved borrowers’ bank accounts within minutes! Money can be borrowed for up to 31 days and the best thing is that the length of the loan determines the cost of repayment. So if you only need a fast cash injection for a couple of days, you will only pay interest for a couple of days.
Instead you can get your hands on some fast money, sort out your problem within an hour, repay the loan quickly and then forget about it. This kind of short term credit is designed for occasional use and for anything that really can’t wait. As with any form of borrowing, you should always ask yourself if you really need it and can comfortably afford the total to repay.
Next time you experience a mini cash flow crisis, consider solving it with a fast and short term advance from Wonga – there are no hidden tricks and you will always know the total cost of your money before you apply. Unlike some fast lenders, there are also no documents to fax and everything is online from start to finish.
Money sorted within an hour, now that’s fast!