The Facts:

WHO?

Wonga

WHAT’S THE COMPANY ABOUT?

A ground-breaking company based in London offering a uniquely flexible payday loan service. Use the slider on their website to decide how much to borrow and for how long.You will see the full cost of repayment, plus the £5.50 transmission fee, so if you’re happy you can apply at the click of a button. You can borrow up to £1,000 (£400 maximum for new customers). The decision is instant you are guaranteed to have your money within 15 minutes. Wonga is a genuine 24/7 payday loan service. You only pay interest on the amount of time you borrow from Wonga, not a full month like some other payday loan companies - so the overall cost of the loan can work out cheaper. Plus, if you pay back the loan early, you pay less. In some cases, Wonga may ask for you to provide a guarantor in order to have your loan application approved.

HOW MUCH?

With Wonga you can borrow up to £1,000 (£400 maximum for new customers).

WHEN?

An instant decision following a quick online application form - and if approved, your money transferred within 15 minutes .

WHY?

Advantages:

• Uniquely flexible payday loans
• You choose how to borrow and for how long using website slider
• Borrow up to £1,000 (£400 maximum for new customers)
• Simple online application form
• A decision in an instant and your money within 15 minutes
• A genuine 24/7 payday service
• You don’t need to be employed but you must have a regular income
• You only pay interest on the amount of time you have the loan, not a full one month period automatically.
• If you pay back the loan early, you pay less.m

WHERE?

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

SPECIAL FEATURE

Uniquely flexible loans - apply and have your cash within 15 minutes.

AND FINALLY...

To apply with Wonga, you need to be over 18, living in the UK and have a regular income.

The Figures:

Representative Example:
Borrow: £207 for 20 days
Total amount payable: £254.42
Interest: £41.92
Fee: £5.50
Representative APR: 4214%