Wonga Short Term Loans

Wonga is a popular online financial service provider in South Africa that offers short term loans to clients. Their loans typically range from small amounts to up to R8,000. These loans are available based on certain criteria, which we will discuss further. Wonga loans are usually emergency loans that require repayment over a short period of time. Wonga has provided financial assistance to over 600,000 clients and boasts a disbursement of over 11 million Rands. With Wonga, there’s no need to visit an office or deal with cumbersome paperwork—the entire process, from application to disbursement, is done online.

What Are The Features of Wonga Loans?

• Apply from anywhere, any day and at any time
• Apply in minutes
• 100% Online
• No paperwork, no queues
• Discrete application process

Eligibility Requirements

• Be over 18 years old
• Live in South Africa
• Have an active South African bank account
• Personal email address
• Personal cell phone number
• Have a regular income
• Recent payslip

How To Apply For Wonga Loans

• Visit Wonga website
• Use the slider to choose the amount you need
• Use the slider to choose how long you will need to repay
• If you are satisfied with the repayment amount, click on “Apply Now” and proceed to finalise your loan

Other Information About Wonga Short Term Loans

• Your income does not need to come from an employer; Wonga also provides loans to freelancers, consultants, and self-employed individuals
• New customers are eligible to get up to R4,000 with a repayment tenure of up to 3 months
• Existing customers are eligible for up to R8,000 with a repayment tenure of up to 6 months
• Approved banks are ABSA, Capitec, FNB, Nedbank and Standard Bank
• Woga will carry out an Account Holder Verification to ensure that your supplied information match with the information on your bank account
• You are allowed to repay before your expected repayment date. This helps you build a better credit limit for your next application.
• Your application will not be successful if you have outstanding debts
• If you have further questions, you can call Wonga toll line +27833969767 or send a mail to customercare@wonga.co.za