Wonga loans
Wonga loans were a popular option for many South Africans in need of quick cash. However, the company faced backlash for their high interest rates and controversial lending practices. Despite this, Wonga loans provided a convenient solution for those facing financial emergencies. It is important for consumers to carefully consider the terms and conditions of any loan before borrowing money. Remember to always borrow responsibly and seek financial advice if needed.
Wonga loans is legit?
Yes, Wonga loans is legit in South Africa. They are a reputable and trustworthy lender that provides financial assistance to individuals in need of quick cash. Their services are reliable and they have a good track record of helping customers with their financial needs.
Wonga Loans
Wonga Loans is a leading financial institution in South Africa, offering a wide range of loan products to meet the diverse needs of its customers. With a strong focus on customer satisfaction and transparency, Wonga Loans has built a reputation for providing fast and reliable financial solutions. Whether you need a short-term payday loan or a long-term personal loan, Wonga Loans has you covered. Trust Wonga Loans for all your financial needs in South Africa.
Contact
Wonga Loans 14 Kloof St, Gardens, Cape Town, 8001, South Africa
+27 86 196 6421
- Monday: 8:00 AM – 6:00 PM
- Tuesday: 8:00 AM – 6:00 PM
- Wednesday: 8:00 AM – 6:00 PM
- Thursday: 8:00 AM – 6:00 PM
- Friday: 8:00 AM – 6:00 PM
- Saturday: 8:00 AM – 1:00 PM
- Sunday: Closed
Advantages
- ✅ Wonga loans offer quick and easy access to cash, allowing individuals to cover unexpected expenses or emergencies without delay.
- ✅ The application process for Wonga loans is simple and straightforward, making it convenient for individuals to apply and receive funds in a timely manner.
- ✅ Wonga loans provide flexible repayment options, allowing borrowers to choose a repayment plan that suits their financial situation.
- ✅ Wonga loans have competitive interest rates, making them a costeffective option for individuals in need of shortterm financial assistance.
- ✅ Wonga loans are accessible to a wide range of individuals, including those with lessthanperfect credit scores, providing financial solutions to a broader audience.
Disadvantages
- ❌ Wonga loans have extremely high interest rates, making it difficult for borrowers to repay the loan amount.
- ❌ Many borrowers have reported hidden fees and charges associated with Wonga loans, leading to unexpected financial burdens.
- ❌ Wonga loans have been criticized for targeting vulnerable individuals, such as lowincome earners and students, who may not fully understand the terms and conditions of the loan.
- ❌ Borrowers have experienced difficulties in accessing customer support and resolving issues with Wonga loans, leading to frustration and dissatisfaction.
- ❌ Wonga loans have been associated with predatory lending practices, exploiting individuals in need of quick cash with exorbitant fees and penalties.
Experiences
Every time I make a settlement and send them proof of payment they don’t respond to my email. I’ve made settlement last week but my account is not yet settled at this point in time, I tried to contact them but they didn’t answer. I wonder when will I get my settlement letter in order to move on with life, I can’t even buy my kids Christmas clothes because of this settlement letter wonga is refusing to give me. I’m Disappointed 🤦🏼♂️
Jimmy Maubane
They debit you after you have paid them in full they still debit you…and they don’t pay you back the consultants even lie and say you be refunded after 1 working days but to me it’s been 5 days now and still not received worse part they don’t answer my calls anymore. This is unfair but wen they want their money we have to go crazy… Aii poor service jeez.
Ntokozo Ronald
Absolutely terrible customer service! You cannot get hold of them nor do they respond to emails. Honestly is this the way to deal with clients ? I’ve sent multiple emails and not a response. Straight up ridiculous.
Ammarah nanabhai
I have been using Wonga for years and I was happy with the service until I missed 1 payment which I have never done and within 2 days I was handed over. I sent an email prior advising that payment will be delayed with no response. No one contacted me to make an arrangement for the delayed payment. I was just handed over. It shows on your customer service, of which you have none. I will not be using Wonga again.
chloe van der merwe
I’ve sent them an email with proof of payment yet I’m still being charge interest is still going up Tried calling them to talk to an agent but no luck
victoria dumas
FAQ
Wonga lenings is ‘n soort korttermynlenings wat deur ‘n maatskappy met dieselfde naam verskaf word. Dit is ‘n vinnige en maklike manier om geld te leen vir ‘n kort tydperk.
Jy kan vir ‘n Wonga lening aansoek doen deur na hul webwerf te gaan en die aanlyn aansoekvorm in te vul. Dit is ‘n vinnige proses en jy kan binne minute goedgekeur word.
Die maksimum bedrag wat jy kan leen met ‘n Wonga lening is afhanklik van jou kredietgeskiedenis en inkomste. Dit kan wissel tussen R500 en R8000.
Die terugbetalingsperiode vir ‘n Wonga lening is gewoonlik tussen 1 en 6 maande, afhangende van die bedrag wat jy geleend het. Dit is belangrik om die lening binne die gestelde tydperk terug te betaal om hoë rentekoerse te vermy.
Ja, jy kan steeds vir ‘n Wonga lening aansoek doen selfs as jy swak krediet het. Wonga kyk na verskeie faktore wanneer hulle aansoeke oorweeg, nie net jou kredietgeskiedenis nie.