South African citizens or permanent residents aged 18 or older with a valid South African ID, an active bank account and a regular income can apply.
Wonga ZA
Wonga short-term loan South Africa: R500 to R8,000, APR from 60%, repayment 1 to 6 months. Instant decision, funds within 24 hours. Regulated by the NCR. Review on CreditDeals.
Frequently Asked Questions
From R500 to R8,000 for new customers. Returning customers in good standing may qualify for higher amounts.
The indicative APR is high due to the short loan term — up to 843% p.a. for a 30-day loan. However, the actual cost is governed by the NCA fee and interest rate caps.
Yes. Wonga Finance South Africa (Pty) Ltd is registered with the National Credit Regulator (NCR) under registration number NCRCP4592.
If approved and signed before 14:00 on a banking day, funds typically arrive the same day. Capitec and FNB customers may receive funds within minutes.
Yes. As required by the NCA, Wonga conducts an affordability assessment and checks your credit history at TransUnion SA and Experian SA.
Yes. You can repay at any time with no early repayment penalty, as required by the National Credit Act.
Contact Wonga before your repayment date. Late payment results in default interest and potential negative credit bureau listings with TransUnion SA and Experian SA.
Wonga does not currently offer formal loan rollovers. Contact customer service if you are experiencing repayment difficulties.
Fees are regulated by the NCA: initiation fee (up to 15% + VAT), monthly service fee (max R60 + VAT) and interest (max 5% per month). All fees are disclosed upfront.
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Wonga ZA — Get Money Now
Wonga short-term loan South Africa: R500 to R8,000, APR from 60%, repayment 1 to 6 months. Instant decision, funds within 24 hours. Regulated by the NCR. Review on CreditDeals.