Quick loans
When you need a quick loan, Wonga is able to provide one of the fastest, most streamlined application anad payment processes in the UK - that's why we can honestly say we do quick loans. That doesn't mean we don't take our responsibilites seriously - we do - but our systems allow us to do so quickly. We understand there are some months when you just need that extra bit of cash to see you through for a while. The problem is you usually need it fast and that's where Wonga comes in.
Wonga loans are available 24 hours a day, 7 days a week, 365 days a year, paid directly into your bank account. Wonga is so fast that once approved, we will send the cash your account within 15 minutes. Now that's a quick loan!
Wonga's quick loans explained
Wonga's quick loans are to be paid back within a month. Using the slider bars on the homepage, select how much you would like to borrow, from £1 to £400, and the date you promise to pay it back and Wonga calculates exactly how much the repayment will be before you apply. The application only takes minutes and a decision is normally instant. Once approved, your quick loan is sent directly to your bank account within 15 minutes.
The secret of Wonga
If you're wondering what makes Wonga so quick, it's really quite simple. From start to finish, our service is all done online. Our unique online loan application means you don't have to call us or fax any additional information. And, because we transfer your money electronically, it will immediately be sent to your account. There's no waiting to receive cheques and you don't have to wait around in your bank.
Quick loans - unlike other online lenders
We're about giving you financial freedom for those times when your pay just doesn't stretch to the end of the month or if you've had an unexpected expense. We only ask for responsible borrowing in exchange. Borrow from Wonga what you can afford to pay back within a month and we'll all be happy. When you pay a loan back, you'll increase your Wonga trust rating so you can potentially borrow larger amounts from us in the future.
Why apply for quick loans?
When you need quick cash, you may not be able to wait while your bank takes its time going through paperwork, interviews, processing forms and leaving you hanging. That boiler needs fixing now and the car can’t stay in the garage for days on end until you sort out your finances.
Being strapped for cash happens to the best of us, especially in that one or two-week period before your salary gets deposited into your account. Months can go by where we meet our budgets with no problem, but then comes that one time when you just need that extra bit of cash.
If payday seems too far away to deal with the costs you have right now, then a loan might be the best solution. Even better, a quick loan. That’s where Wonga can help.
What happens after applying for quick loans from Wonga?
So the application has been sent, and you’re waiting for Wonga to get back to you about whether or not we’ve approved your quick loan. What’s happening is that we’re using the personal information and bank details you gave us to check your credit situation – we only lend to people who we think can afford to pay back the loan. It doesn’t take long to do this, usually seconds and there are no early repayment fees if you decide to repay early.
Try today to see why so many of our customers rate us as their best choice of lender for short term cash loans.