Wonga

Company Background

Wonga is a UK (London) based lender and have been responsibly lending since 2007.

Website overview

The Wonga homepage is very easy to use. At the top of the homepage you will find tabs that contain information that any new or existing customer may find useful, such as information about how the loans work and information on Wonga itself.

To work out how much a loan will cost you from Wonga, the easy to use loan calculator can instantly work out the interest and fees. All you need to do is select how much money you wish to borrow along with how long you want to borrow the money for and a figure is automatically calculated and displayed.

After you have used the loan calculator to see the interest and fees and you are happy with what you see, click on the ‘Apply Now’ box which will lead you onto an application form where you will be required to provide your personal details, employment details and contact details.

Loan Requirements

To be eligible for a loan with Wonga, you must meet the following requirements:
•    Have a current UK bank account with a valid debit card
•    Be employed with a  regular income
•    Be over the age of 18 years
•    Your own e-mail address and mobile phone
•    Reside within the UK

Loan extension

Wonga do offer loan extensions but only a limited number. To extend the loan, a part payment must be made of the current balance.

Charges and Fees

Wonga charge interest on a daily basis – The sorter amount of time you borrow money for, the lower the interest.
To receive your loan funds on the same day of application, there is a £5.50 fee.

Summary

•    Apply for a loan at www.wonga.com
•    Minimum loan amount is £1
•    Maximum loan amount is £400
•    Fee for same day funds is £5.50
•    Option is available to pay back early


Contact details and company information

Mail Address
Wonga.com, 88 Crawford Street, London, W1H 2EJ

Telephone
0207 138 8330

Registered company address
88 Crawford Street, London, W1H 2EJ

Company number
6374235