Wonga Loans is a UK based loan company originally founded in October 2016 by Errol Damelin & Jonty Hurwitz.  Wonga was the original payday loans company and rose to success after being the first loan company to have an App in the Apple App Store.

The loans Wonga offer (taken from Wonga website 22/02/18):

  • Wonga 6 month flexi loan Representative 1086% APR
  • Wonga flexi loan – 3 month – Representative 1286% APR
  • Wonga short term loans representative 1509% APR

Customers are provided a Wonga login to access their accounts online.

A late payment will incur a £15 miss payment fee by Wonga should you not pay within 3 days if the missed payment.

How Wonga compares

In comparison QuidMarket have one simple set representative 1297% APR.  QuidMarket do not charge late payment fees.

How much do you need?

£300 £1500

For how long?

Apply Now

Month 1


Month 2


Month 3


Month 4


Month 5


Month 6


This is for illustration purposes only. Your repayment schedule will be confirmed during your application

*All applications are subject to affordability checks*

Representative example: Borrow £300 for 3 months / Interest payable £154.38 / Total amount payable: £454.38 in 3 instalments / 3 payments of £151.46 / Representative 1301.1% APR / Interest rate 292% per annum (fixed) / Maximum APR 1625.5%

Compare short term loans on Clear and Fair

As a new customer the minimum repayment period is 3 months and the maximum is 6 months. Additional options may be available to you as a repeat customer.

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Warning: You should never pay upfront fees for a short term loan or send money in return for a short term loan. Late repayment can cause you serious money problems. For help, visit: www.moneyhelper.org.uk