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Chris Laverty, Daniel Smith and Andrew Charters of Grant Thornton UK LLP were appointed as joint administrators of Wonga Group Limited (in administration), WDFC UK Limited (in administration), Wonga Worldwide Limited (in administration) and WDFC Services Limited (in administration) on 31 August 2018.

The companies traded at Wonga.com in the UK and provided lending services to the UK consumer market. Despite efforts to restructure the business, which included an injection of funding by the Group’s shareholders the business was unable to be restored to profitability due to the level of redress claims. As a result, the management team had no alternative but to place the above companies into administration.

Following the appointment of Administrators there will be no new lending activity. The Administrators will conduct an orderly wind down of the business and sale of the assets and start the process of identifying all creditors, in accordance with their statutory obligations. The Administrators will continue to work closely with the Financial Conduct Authority (FCA) as the administration process progresses, supporting customers where possible during this period.

All outstanding loans remain subject to the terms agreed with Wonga and customers should continue to make payments in the usual way. Those customers with redress claims should continue to approach the company in administration. These claims will then be assessed and if valid dealt with as unsecured creditors of the administration estate.

The overseas subsidiaries continue to trade as usual.

Further information can be found here.


Latest Press Release (11th September 2018): Statement from the Joint Administrators of WDFC UK Limited in respect of complaints.

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What are same day loans and when could they help you?

Every day things happen that are out of our control and we might need a bit of extra cash to pay unexpected bills or make urgent repairs. Sometimes we may need this unbudgeted cash quickly in order to avoid incurring even more charges in the future. When this happens, a same day loan might be helpful.

Same day loans are small loans  that could be in your bank on the same day if you are approved. They could give you the cash flow support you need if the unexpected happens.

When a same day loan could help

A same day loan can often help you in ways a traditional loan can’t. Some traditional loans require you to wait days or sometimes weeks for a decision. This might not be convenient, especially if you need the cash in your account to meet your unexpected outgoings on the same day.

What to consider before applying for a same day loan

You must make sure that a loan is right for you and you can comfortably pay it back on time.

How do I apply for a same day loan?

At Wonga we offer short term loans that could help if you need a small amount of extra cash. You can apply using the sliders at the top of this page. Money is sent within 5 minutes of approval.

Our short term loans are for occasional use only. You shouldn't use them to manage existing debt, or if you're already under financial strain.

To apply for a Wonga loan you must:

  • Be over 18
  • Be a bank account and debit card holder
  • Be a mobile phone owner
  • Live in the UK

Answering yes to these questions means you can apply for a Wonga loan But we can't guarantee acceptance We always assess each application individually and only lend to people we think can afford to repay on time.