How to Apply for a Wonga Personal Loan

It is not uncommon for people to find themselves in need of financial assistance during hard economic times, be it for debt consolidation, to cover unexpected expenses, or even to cover medical emergencies.

With this in mind, Wonga is offering an unsecured personal loan with amounts up to R4,000!

Now, you will find out all the requirements and steps you must comply with in order to get approved for a Wonga personal loan.

Who can apply?

As with all other lenders, Wonga has some requirements for their personal loan applicants.

Firstly, the company states that all borrowers, including you, must be at least 18 years old and have a valid South African ID.

Secondly, you must have been employed for at least three months and have proof of your income.

Wonga will also require a cellphone number and the details of your bank account, in order to deposit your funds with you get approved.

How do I apply?

After complying with all the requirements, you can apply for your Wonga personal loan online.

You just need to access the Wonga website or its app and follow these simple steps:

1. Go to the Wonga’s website;
2. On the homepage, click on the “Apply now” button;
3. Choose the loan amount and duration you want, and then click on “Apply now;”
4. You will be directed to a page where you will provide personal information;
5. Attach the required documentation;
6. Review the loan terms and click on “Continue” to proceed.

Wonga will then verify your information and perform a credit check to determine your eligibility for the loan.

If approved, you’ll receive the loan amount in your bank account within 24 hours.

Looking for a high-amount personal loan? Check out Old Mutual R200,000 options!

Old Mutual Finance provides personal loans that can be utilized for various purposes like home improvements, unexpected expenses, and debt consolidation.

The loan amount ranges from R5,000 to R250,000, and the repayment period can extend from 9 to 72 months, depending on the borrower’s financial circumstances and requirements.

At present, Old Mutual Finance’s personal loans are unsecured, meaning there is no need to provide collateral to get loan approval.

Why go with Old Mutual Finance?

Apart from the higher loan amounts and longer repayment periods, Old Mutual Finance’s personal loans offer some exclusive benefits

For start, Old Mutual has a fast-applying process that can be completed online within 10 minutes.

Ols Mutual’s personal loans also came with a unique skip payment feature that allowed you to skip a payment or take a payment break once a year, under certain circumstances.

Other advantages include:

• No collateral request;
• No early payment penalty;
• Fast application process;
• Quick-funding.

How to apply for Old Mutual Finance Personal Loan

If you’re interested in applying for an Old Mutual Personal Loan, tap the green button below!

You will check out all the requirements you must meet in order to get approved on an Old Mutual Personal Loan.

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