Why use us?
We’re fast & convenient
Wonga is different from other internet lenders because there’s no paper work, no faxing and no listening to cheesy lift music while you wait to talk to an operator... No messing around! Our entire service is online and only we can give you a decision in seconds and then pay cash directly to your bank account within 15 minutes. We're also available 24/7.
We’re transparent & flexible
It’s easy to apply for a Wonga cash advance and we tell you exactly how much your repayment will be up front. Simply use the sliders on the homepage to decide exactly how much money you want to borrow and for how many days – and we’ll do the maths. We won't force you to take a fixed sum you don't need or make you pay a standard fee for a fixed period. First-time applicants can apply for anything up to £400, for between one day and a month. You can even repay a Wonga cash advance early without any catches or hidden fees!
Improve your credit rating
Because we carry out a credit check as part of the application process, you may improve your score when you repay a short term loan from Wonga. That's because we inform our credit bureau partner of your trustworthy behaviour. Just make sure you repay any advances you take on or before the promised date and could find better financial deals become available to you when searching for things like a mortage.
The real cost of emergency cash
It’s not always easy to get fast cash when you need it urgently. When you check out some of the potential emergency cash alternatives to a short term Wonga loan, you might be surprised by how the finance industry uses smoke and mirrors to win your custom. Ultimately, you might be able to extend your credit card or overdraft limit and it might be cheaper – but only if it’s authorised and you have the discipline to pay the money back quickly. If you go overdrawn without permission you may end up paying heavily for a relatively small amount of cash.
Scandalous bank fees
The Times exposed the hidden charges and extortionate rates charged by high street banks, with a sorry story about a student hit with £800 of costs for initially going into the red by just 8p! How did she come to owe so much money for such an innocent mistake? Firstly because bank penalty fees are often hard to spot and, secondly, because high street banks currently charge fees of up to £20 per day for an unauthorised overdraft!
Check out how stretching your current account could compare to taking a Wonga cash advance...
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£100 into the red for ten days with an unauthorised overdraft charging daily penalty fees of £20
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£100 cash advance from Wonga, over the same 10-day period
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Day 1
costs
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£20
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£1
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Day 2
costs
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£40
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£2
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Day 3
costs
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£60
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£3
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Day 4
costs
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£80
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£4
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Day 5
costs
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£100
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£5
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Day 6
costs
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£120
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£6
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Day 7
costs
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£140
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£7
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Day 8
costs
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£160
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£8
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Day 9
costs
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£180
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£9
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Day 10
costs
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£200
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£10
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TOTAL TO REPAY
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£300
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£115.91 (incl fees)
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