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WONGA

WONGA

Urgent expenses have a knack for popping up out of nowhere at the worst times. Wonga is there for when you need some cash quickly to tide you over for a few days or weeks. Wonga was originally founded in the UK by two South Africans in 2007, offering short-term loans via online applications. The firm has operated across several countries, including Spain, Poland and Canada. Wonga uses risk and decision technology to speed up the application and approval process.



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Personal loans




Why some of our users choose Wonga:


  • The application process is completely online.
  • You’re in the driving seat, choosing how much money you need and when you can repay it, with the full cost of the loan, installment amounts and payment dates showing in real-time as you adjust your figures.
  • First-time applicants can apply for amounts up to R4 000, for between four days and three months. Existing customers can borrow up to R8 000 with up to six months to repay.
  • You can save interest by repaying your cash advance early.
  • Wonga is transparent about all its fees up front, so you can plan accordingly.

Did you know?

Did you know?


  • Wonga is a UK slang term for cash or money, originating from the Romany word ‘wanger’ (coal) used as a casual term for money in 18th-century England. Closer to home, in the Nguni languages, wonga means status, prestige, a treasure or an accolade.
  • Wonga (UK) was the winner of The Guardian’s Digital Innovation Digital Entrepreneur Award in 2011.
  • The founder of Wonga, South African-born Errol Damelin, has invested in 70 start-ups globally.

Why some of our users choose Wonga:


  • The application process is completely online.
  • You’re in the driving seat, choosing how much money you need and when you can repay it, with the full cost of the loan, installment amounts and payment dates showing in real-time as you adjust your figures.
  • First-time applicants can apply for amounts up to R4 000, for between four days and three months. Existing customers can borrow up to R8 000 with up to six months to repay.
  • You can save interest by repaying your cash advance early.
  • Wonga is transparent about all its fees up front, so you can plan accordingly.

Did you know?


  • Wonga is a UK slang term for cash or money, originating from the Romany word ‘wanger’ (coal) used as a casual term for money in 18th-century England. Closer to home, in the Nguni languages, wonga means status, prestige, a treasure or an accolade.
  • Wonga (UK) was the winner of The Guardian’s Digital Innovation Digital Entrepreneur Award in 2011.
  • The founder of Wonga, South African-born Errol Damelin, has invested in 70 start-ups globally.




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We are not owned by or affiliated to the companies listed on the site or in our call centre.


© 2022 Better Compare (PTY) Ltd is an Authorised Financial Services Provider

(FSP no. 49357) 24 Flanders Drive, Mount Edgecombe, KZN, 4300