Wonga Short Term Loans – How to Apply

Get A Wonga Loan

RECOMMENDED - WONGA
Wonga offers flexible loans of up to R4 000 with a simple online application that only takes minutes to complete! No hidden fees, see the costs upfront.

  • R500 Minimum Loan Amount
  • R4,000 Maximum Loan Amount
  • Repayment period of up to 6 months
  • Interest rate of 3% per month + fees with no hidden charges


Wonga short term loans have a simple application process. There’s no nightmare paperwork to tackle, documents to fax or cheesy hold music to endure, because their unique service is online from start to finish.

Applying for a Wonga short term loan is as simple as 1-2-3!

0. Go to the Wonga.com website

The entire application process is handled online – Click here to get started

1. Use the sliders to specify amount and length of loan

Use the handy sliders to select your loan amount and repayment date.

Wonga’s system works on trust, so don’t apply for the maximum amount for the full 30 days. Start slowly, with a smaller loan. As you earn Wonga’s trust you will be able to borrow up to R8000! Once you’re happy with your selected amounts and the total cost click “Apply”.

2. Complete the online application

Make sure you fill out the quick application form truthfully and completely – it only takes 5 minutes!

The quick online application is used to capture your data to verify your identity and carry out a credit score check. Be honest about your personal and job details. The details you submit here will determine whether you get approved. Every single field counts and completing them truthfully will better your chance of getting approved. Keep your mobile at hand for a pin code to verify your identity.

3. Sit back, relax and wait for your money

You should have the money in your account within 15 minutes of approval! If you don’t have an account with one of the big 4 banks (Absa, FNB, Nedbank, Standard Bank) it might just take a little longer.

Why should you get a Wonga loan?

Wonga has seen tremendous sucess in SA since their launch in May 2012 and has established itself as the market leader in the local online paydayloan industry! Here at Shorttermloans24, we try and provide all the necessary information that you need to make an informed decision on the benefits as well ass the things to be aware of when getting a Wonga loan.

With the huge success the company is having and their skyrocekting brand awareness amongst South Africans, we try to answer some of the most common Wonga questions below!

What are the benefits of using Wonga?

Wonga South Africa initially launched as Wonga.co.uk in the UK which is one of the most developed digital markets in the world [for a full history of Wonga, click here]. As such, the company had to compete with the very best in terms of user experience, web design and overall ease of use – and this commitment to making loans as quick and effortless as possible shows in their wonga.co.za website.

The website is extremely user friendly and the loan application process is very intuitive – plus it works great on Mobile too, which means you don’t even have to be in front of a PC in order to apply for a loan!

The main benefits of Wonga are around providing INSTANT cash when you need it most, with a simple, no-paperwork application process! The downside is that their loans are very expensive when compared over the long-term – HOWEVER as long as you remember that paydayloans are a short term solution, the costs are manageable. Plus you can see exactly what you will be charged before commiting to a loan so there are now nasty surprises when it comes to your repayments!

Are there other loans like Wonga?

Yes, you can get other online payday loan companies as well as a variety of loan originators that will promise to find you lower rates and better deals. Unfortunately, some of these tend to be less than trustworthy and make sure you go with a a reputable brand to avoid issues further down the line. As such, we try and rank the best options in South Africa so you can avoid dealing with unscrupulous loan sharks.

Companies that you could try are Boodle, Wannaloan or Getbucks – however based on the feedback that we get on the site, it is clear that Wonga is the preferred option at this point. Particularly the way they treat mobile loan applications puts them head and shoulders above their competitors!

How much do Wonga loans cost?

Wonga payday loans have also been under fire for being relatively expensive – particulalry when viewed as a long term loan and compared to an annual interest rate. As such, the daily interest rate is calculated at 0.1% which is managebale considering the short duration of the loan, however does look high when compared over a year.

In addition to the Interest part, there are 2 additional charges – and the initial setup fee as well as a standard monthly charge (this is the same model that almost all payday loan companies have since adopted).

With Wonga the initial arrangement fee is calculated at 16.5% on first R 1000.00, + 10% on any value above R 1000.00, to max of R 1207.50 including 15% VAT. The monthly fee comes in at R60 and the interest rate is calculated daily at 0.1%.

Accurate as of 17 June 2018

Wonga Contact Details

We’ve had some comments on the blog to ask for Wonga South Africa’s contact details such as phone number and customer support details. You can get hold of them through either of the emails below or the phone number if you have any questions regarding your loan or application process:

Wonga Phone Number:0861 WONGA 1 (0861 966421)
Contact Wonga: za.customercare@wonga.com or za.collections@wonga.com

Leave a Reply

Your email address will not be published. Required fields are marked *

*