Ever feel like you’re short of cash due to an unexpected bill, emergency or opportunity you can’t miss? Sometimes 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. We know life doesn’t always go to plan so we’ve made our service as flexible as possible.
A cash advance is meant to tide you over for a short time for example, until your next payday, which could just be a week or two away. You can apply for a cash advance from lots of different lenders, but they don’t all offer the same deals. Processing fees, daily interest rates and other charges can often apply, so you should always think carefully before committing to any form of credit.
You may be able to obtain a cash advance using your credit card but interest plus some form of fee (e.g. a flat fee or a percentage of the amount withdrawn) may also apply. It’s important that you fully understand what these costs are before you obtain your cash advance otherwise you could end up paying a significant amount more than you wanted to.
Amount of credit: £150 for 18 days. Interest: £27.99. Interest rate: 365%pa (fixed).
Transmission fee: £5.50. One total repayment of: £183.49. Representative 5853% APR.
At Wonga, we aim to keep things simple. We offer a solution for occasional, urgent and short term cash needs but you shouldn’t use our service to manage existing debt or if you’re feeling the strain financially. Check out these key features about our service:
Life isn’t 9-5, and neither is Wonga. You can access our website on PC and mobile anytime, 24/7, as well as our iPhone app and Android app. So you don’t need to waste time with bank loan applications, faxing forms or waiting days for approval.
Using the sliders on the homepage, just select how much money you’d like to borrow and for exactly how long. We’ll show you the full cost upfront too with no hidden fees. If your application has been approved, we’ll send the cash within five minutes.
We want our relationship to be a happy and trusting one, so we lay out the facts as clearly as possible. Only you can decide whether to apply or not. So if you’re not sure you can afford a loan, or comfortably repay on your chosen date, please get advice before making a decision.
With your online account, you can manage your money whenever you want. Want to pay back early? Not a problem. You can repay some or all of your loan early by logging into your account on our website and you’ll save money as we only charge interest for the days you borrow.