Wonga Loans are unsecured short-term loans that offer loan seekers in South Africa as much as R4 000 for new customers, and as much as R8 000 for recurring customers. With these personal loans you now get as much as 6 months to comfortably repay back your loan. Wonga is a registered financial services provider that offers quick online loans, whose loan limit is much higher than some of its competitors who offer loans of up to R2 500 only.
Why choose Wonga Loans?
One of the many advantages of applying for Wonga Loans is the ability of allowing the borrower to choose their own loan amount and repayment term. With these loans from Wonga the borrower uses the sliders that are available on the homepage and use them to choose how much money they want and when they want to repay it back.
Wonga will calculate for you the interest and fees charged and will show you in real time how much money you will be expected to pay back. If you are happy with the figures you can proceed with the application by clicking the “apply now” button. The next step will be to enter your personal details that include your ID number, employment details, cell phone number, monthly income and so on and you will be able to get an instant reply from them on whether you qualify or not for their loans.
These short-term loans are unsecured loans which dont require any form of collateral, all you need to show is the ability to repay it back and a good credit profile and you can easily qualify for these loans. Their credit solutions are transparent with no hidden costs, and are done in accordance to the National Credit Act.
Wonga Loans Application Requirements
Basic application requirements for Wonga Loans includes being over the age of 18 years old, must have your South African ID number, must have an active bank account in your name, an active cell phone number and provide your latest bank statements that show your monthly income. Wonga will conduct a quick credit check and verify your details and will give you feedback in a matter of a few minutes. If you qualify for their loans the money you want to borrow will be paid out into your bank account in a matter of a few hours and you can get to use it for anything you want.
Wonga Loans Contact Details
Get more details on the benefits of applying for Wonga Loans by simply visiting their website www.wonga.co.za and read up more information from there, or otherwise you can call their offices on 0861 966 421 and chat to their friendly consultants who will gladly assist you with any queries you may have.