Full product details for the Wonga Short Term Cash Loan payday loan. Wonga offers loans to suit you, from 1 to 30 days. The shorter the loan term, the less you pay!. Compare with other payday loans.
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Borrow £207 over 20 days at a Representative 4,214% APR fixed. £5.50 Transmission fee, £41.92 Interest payable, interest rate 360% p.a. Total payable £254.42.
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
Representative APR
4,214%
Representative APR is 4214%.
APR Type
fixed
Bank Account with Salary Credit Needed
yes
Salary must be paid into bank account.
Minimum Monthly Income
£0
No minimum income required.
Minimum Loan
£1
Minimum loan is £1.00
Maximum Loan
£400
Maximum loan is £400.00.
Minimum Loan Term
1 day
Minimum term is 1 day.
Maximum Loan Term
40 days
Maximum term is 40 days.
Credit Check
yes
Credit checks are carried out on application.
Interest Charge (per £100)
£36.72
£36.72 per £100 borrowed.
Bad Credit Considered
no
Applicants with adverse credit history are not accepted.
Application Criteria
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
Bank Account with Salary Credit Needed
yes
Salary must be paid into bank account.
Minimum Monthly Income
£0
No minimum income required.
Minimum Age
18 years
Minimum age is 18 years.
Customer Type
All
Product available to both new and existing customers.
Credit Check
yes
Credit checks are carried out on application.
Homeowner Only
no
Do not need to be a homeowner.
Self Employed Acceptable
yes
Self employed applicants acceptable.
Unemployed Acceptable
no
Unemployed applicants are not accepted
Bad Credit Considered
no
Applicants with adverse credit history are not accepted.
CCJ Allowed
no
CCJ's not considered.
Arrears Allowed
yes
Arrears acceptable.
Debit Card or Cheque Book Required
yes
The customer must have a salary credited to an active bank account with a cheque book or a debit card.
Joint Application
no
Single applicants only.
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Representative Example:
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Representative APR of 1,737 percent is offered with Loan.
Representative Example:
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Take advantage of registration fee of £0.
Representative Example:
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Representative Example:
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Registration fee of £0.00 is offered with Payday Loan (Excellent - 2 Pay Period).
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Representative Example:
The Representative APR is 1,734% (variable) so if you borrow £100 over 30 days at a rate of 1,734% (variable) you will repay £140.