Best Short Term Loans South Africa
|#1 – wonga.com
Wonga.com is transforming the South African credit market by offering small, short term loans online with more speed, convenience and flexibility!
Wonga.com is originally UK based lending company, but was founded by two South Africans. 3 years after refining their product in one of the toughest lending markets in the world, Wonga has finally returned home and is helping thousands of South Africans meeting short term financing needs! Wonga uses a proprietary risk assessment algorithm which is different from the criteria that normal lenders use which ensures that the approval process is super-quick.
If you have applied for a loan to a bank, you will know that it can be days, even weeks before your application comes under consideration. You not only have to wait for the process to be completed, but there is an equal chance that your application might be rejected outright. With Wonga loans, the whole process is done online in a matter of minutes. If you meet the criteria, you will get instant approval from the company. The money will be in your bank account before you can say Wonga!
Wonga loves regular customers, and that is why they are willing to offer higher amounts to them. For instance, you can borrow up to R2000 when you avail the service the first time. That amount gradually increases as you repay your previous loans and the company starts trusting you. Therefore, Wonga personal loans provide you an incentive to be a good borrower!
Wonga’s requirements for borrowing from them are quite simple. You don’t need to provide elaborate details of your employment or payslips. You simply need to show that you are a citizen of South Africa, a legal adult, have a valid bank account and a cell phone number. That is all the information you need to qualify for Wonga loans.
Easy & Convenient
You can easily borrow the money you want from Wonga online through their website. You can use the scroll bars to select the amount you need as well as the time you require for repaying it. This makes it highly convenient for you to obtain Wonga personal loans and reduces the hassle usually involved in the process.
Wonga Contact Details
- from R 3 000
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