Rating based on 12 reviews

Wonga Loans

  • Quick loans up to R4,000
  • Flexible interest rates
  • Repayment up to 3 months

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Wonga Loans homepage
Author Wonga Loans. Screenshot of Wonga Loans website.
[Accessed January 30, 2023]

About Wonga Loans

When you need cash in a flash, Wonga should be your go-to for innovative and easy-to-access quick loans.

They offer you a service that’s convenient and available 24 hours a day allowing you to apply for financing and receive an answer in a matter of minutes.

A revolutionary service at your fingertips

Wonga is proud to be the first online lender to achieve a smooth-lined, technologically advanced, and fully automated service that operates in real time. They’ve managed to provide you with a credit solution that uses none of the usual methods for obtaining credit.

This means that applying for a quick loan with Wonga involves no paperwork, no waiting for hours in long queues, and no need to even leave the comfort of your home or office. Their real-time loan applications are designed to give you the utmost convenience while also providing a safe, easy and fast financial solution.

Wonga believes in responsible lending

Wonga is a financial services provider registered with the National Credit Regulator. They operate under South African law and are dedicated to making responsible lending decisions. They understand that you may experience cash flow problems but do not enable you to become overly indebted by approving loans that you cannot afford.

Enjoy a quick loan that suits your needs

Many lenders that offer quick loans have pre-determined loan amounts and repayment periods. At Wonga, they believe that you should have the power to choose the amount you want to borrow and decide on the repayment period. This ensures that you don’t have to borrow more money than you need. Additionally, you get the power to repay your quick loan over a period that suits your budget best.

Wonga Loans Services

The innovation that comes with the products and services provided by Wonga speaks of a highly sophisticated credit provider.

They’re fully committed to staying updated and providing you with the latest advancements in technology.

The Wonga quick loan in simple terms

Applying for a quick loan with Wonga as a new customer could give you access to amounts ranging from R500 up to R4,000 with repayment periods of between 4 days and three months.

For existing customers, loan amounts of up to R8,000 with repayment periods of six months are available. All of Wonga’s credit options are inclusive of credit life cover. This is calculated with the total repayment costs and fees.

Get a clear idea of what to expect

When you apply for a quick loan with Wonga, you’re assured that you’ll receive a service that’s 100% honest and transparent. They make sure that you always know what you pay for by giving you a clear breakdown before you agree to anything.

Applying for a quick loan to the value of R4,000 with a repayment period of three months:

  • Three instalments of R1,777.53
  • Fees and interest of R1,288.34
  • Thus, you’ll repay a total amount of R5,332.53.

Wonga Loans – Quick loan

  • Loan Type Quick loans
  • Loan Amount up to R4,000
  • Repayment 4 days to 3 months

Benefits of Wonga Loans

  • Flexible loan terms
  • Transparent services
  • Best customer services

Quick loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This quick loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Regain financial control with a quick loan from Wonga

Anyone can experience a cash flow problem from time to time.

Wonga can offer you the help you need in the most convenient and easiest way possible. With their advanced online lending platform, the cash you need is only a few clicks away.

The documents needed for the application process

Any credit application requires some documents to confirm and verify the information supplied. Wonga has kept its promise of simplicity by only requiring the most important documents. These documents are:

  • South African ID document/Smartcard for proof of your identity
  • Bank statements for proof of your bank account  
  • Most recent payslip as proof of your income

The application explained in 4 easy-to-follow steps

Navigate to the Wonga website. From the homepage, you can select the exact amount of quick loan you wish to borrow along with the desired repayment period. Based on this information, you’re presented with an exact breakdown of what you can expect to repay. If you agree to the amounts, you can click on apply now.

You’re directed to the quick loan application page that requires information like:

  • Monthly income and expenses
  • Employment details
  • ID number
  • Banking details

Once you’re done completing the application, you can tick the box that allows Wonga to do a credit check for affordability purposes. The process is done in real-time and you’ll get an immediate answer on your loan.

If your loan is approved, you’re required to upload your most recent payslip or bank statement reflecting your salary.

As soon as all the information has been verified, Wonga will pay the money into your bank account. Depending on the repayment period you chose, the first instalment will be deducted from your bank account by debit order on the agreed-upon date.

Some benefits of a Wonga quick loan

  • Flexibility
  • Affordability
  • Transparency
  • Simple application process
  • Instant answers on loan applications

Choose a lender that has your best financial interests at heart

There are many lenders in South Africa to choose from. Each with its own way of operating and approving loans.

With Wonga’s system, you can enjoy a 24/7 instant decision when you apply for a loan. They pride themself in offering you a safe and convenient online lending platform to assist you in the times when you need them the most.

Don’t let your lack of cash flow get the better of you when Wonga offers you a solution that’s hassle-free and dependable

man holding thumbs up

Wonga Loans is a trusted & reliable provider of quick loans

In our review, Wonga Loans adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ Wonga Loans is a registered credit provider in South Africa: NCRCP 12875

Customer Reviews & Testimonials

February 2019

Getting a detailed quote before even applying is the best! Love this company.

Masuku G
— Jamestown —

June 2020

Great, helpful and also innovative service.

Maseko J
— Bellville —

September 2020

They have awesome deals and the best part is that you can choose your own amounts and terms without being forced into anything. Definitely recommend them to anyone.

Howley S
— Gordon’s Bay —

August 2021

With them, I literally found the perfect loan for my budget in less than 5 minutes.

Steenkamp S
— Johannesburg —

September 2021

Their info is reliable and accurate, they are a trustworthy comparison site that I will recommend to anyone.

Roodt J
— Klerksdorp —

November 2021

They have quick and user-friendly technology that makes it so easy to find a suitable loan in no time. Super awesome service!

Mtau S
— Soweto —

Wonga Loans Contact

Physical Address

  • 1st floor, 14 Kloof Street, Gardens Cape Town Western Cape 8001 South Africa
  • Get Directions

Opening Hours

  • Monday 08:00 – 18:00
  • Tuesday 08:00 – 18:00
  • Wednesday 08:00 – 18:00
  • Thursday 08:00 – 18:00
  • Friday 08:00 – 18:00
  • Saturday 08:00 – 13:00
  • Sunday – Closed