Cash advance

Ever feel like you need a quick cash injection to cover you for a couple days or weeks? Feeling frustrated because you know you’ll have the money really soon but you’re caught short right now? It’s happened to everyone because it’s just the way life goes.  You go along thinking your finances are in line with your plans for the foreseeable future, and then the foreseeable future changes! Wonga may be able to help.

Wonga is online 24/7

Because life doesn’t fit neatly into a 9 to 5 day, neither does a Wonga cash advance. Online 24/7, our cash advances are available when you need one. Unlike those typical payday loan companies, Wonga lets you choose your repayment date. If you know you’ll only need a cash advance for a few days, we won’t force you to keep the loan longer than needed.  We’re flexible because we understand life is unpredictable.  We’re the bespoke cash advance company, made to fit you.

Borrow money for just one day all the way up to a month, a Wonga cash advance offers freedom and flexibility.  Want to pay back early? That’s not a problem with a Wonga cash advance. The interest stops on the day you pay back in full, and we won’t penalise you for doing so. 

Using the sliders on the homepage, select how much money 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. Wonga is responsible with our cash advances; all we ask is that you be responsible too. Only borrow what you know you can afford to pay back within a month.

The fastest cash advance online

Wonga is the fastest online loan service in the UK. You could have a Wonga cash advance in your bank in an hour or less. Depending on your Wonga trust rating, you can borrow up to £1000.

When there's too much month at the end of your money, a Wonga cash advance is a convenient way to get enough money to see you through. Remember, it's all done online so there’s no queuing at the bank or faxing from the local internet café.

Looking for an advance?

 Remember pleading with your parents for an advance on next week’s pocket money? If only it were that simple as an adult!

A cash advance is meant to tide you over until payday, which could just be a week or two away. Even people who normally stick to their budgets without a problem have tough months, when it seems like the bills just keep coming. When you find yourself wishing payday were sooner, consider getting a cash advance loan to help boost your bank account balance.

 Getting a cash advance takes more than sweet talk, too. You’ve got to research options, fill out forms, wait for replies and hope for the best. It’s a process that has the potential for a lot of waiting around, which is definitely not what you need when you’re worried about getting your budget back on track.

A cash advance can come from lots of different places, but they won’t all offer the same deal. You’ll have to look at things like processing fees, daily interest rates and any other charges associated with taking out the loan and paying it back.

 For instance, you probably have a cash advance option on your credit card, but that doesn’t mean the amount you take out will simply be added to that month’s balance. There will be high interest rates, plus fees of either a few pounds or a percentage of the amount withdrawn. Finding out what these are after getting your cash advance is too late – you could end up paying a significant amount more than you wanted to.

Online advantage

 When you need a cash advance, you don’t always have time to fuss around with time-consuming bank loan applications, faxing forms or waiting days for approval. That’s why lots of loans providers offer an online service that you can access with just a few clicks.

 However, with an online service comes more opportunity for lenders to sell you something you don’t really want. A flashy website with lots of financial jargon could look legitimate, but it’s only after they’ve got you hooked that the fine print starts to become more noticeable. Suddenly, there’s a fee for everything, and if you pay back the loan late, you could be in financial trouble that could last for months.

 Going into debt of any kind requires careful planning - and you should always be 100% sure that you can pay back what’s owed by the date it’s due. While a friend might be fine with you taking another day or two to pay back the few quid they let you borrow, entering into a loan agreement is another matter entirely. So, before you borrow, protect yourself by gathering all the facts about both the company and your financial situation.

 One of the big advantages of getting a cash advance online is that you can search around for what other customers have to say about the lender you want to borrow from. At Wonga, we put a high priority on customer service, and we’ve even been named Customer Experience of the Year for Financial Services including Contact Centres at the 2010 UK Customer Experience Awards.

 In a recent survey, 95% of Wonga customers said they were satisfied with the service they received from us. We also found that 96% think Wonga is easy or very easy to use, and that they found enough information on the website about our loan process.

 Why choose Wonga for your cash advance

 There’s no shame in needing a cash advance – everyone can use a little financial help every now and then, and it can be hard to know what to do when money worries are taking over your mind.

 Avoid the frustration of long delays, the difficulty of racking up credit card debt and confusion of companies that dance around the important issues. Check out Wonga’s clear, concise approach to lending, and find out in milliseconds how much your Wonga loan will cost.