Save on Your Short Term Loan With a Wonga Promo Code

Wonga is among the leading lenders in the short term loan market in the UK. Known for the excellent service they provide to their borrowers, Wonga also takes great pains to ensure greater transparency which helps borrowers by providing them complete access to useful information. Wonga uses tools like the payday slider, which is available on their homepage, to help potential borrowers calculate the exact amounts to be paid and the respective due dates. The fees that Wonga charges its borrowers vary based on the term of the loan and are not fixed amounts, unlike most other short term lenders. Combine these savings with those available with the use of a Wonga promo code and you'll be able to save a good chunk of money.

Is Wonga a reputable lender?

Wonga has been in the short term loan market since 2007, and as their thousands of customers can attest, they are amongst the most popular lenders. They serve a larger portion of their market as they offer loans in amounts up to £1000, which is 33% higher than the industry standard of £750 per borrower.

While most short term lenders charge 25% interest for every 28 days, Wonga charges 1% interest per day. This can save you a significant amount of money if you only need to borrow for a few days. For instance, if you borrowed an amount for 10 days with any other lender, you'd have to pay 25% interest while with Wonga, you'd just have to pay interest for 10 days. You could save an additional 20% on these charges by making use of a Wonga promo code.

While Wonga limits the loan to a maximum of £400 for first time borrowers, it offers a loan of any amount between £1 and £1000 to repeat customers. It is easy to find lenders willing to lend more than £1000, but it is very difficult to borrow amounts smaller than £50, making Wonga the perfect choice for those looking for smaller loans.

Wonga Interest Rates

Loans from Wonga may appear more expensive at a 36% interest rate for a 30 day loan. However, digging deeper into their fee structure, it becomes apparent that it might actually be much cheaper to borrow from Wonga than other short term lenders. If you need to borrow for a period of less than 18 days, Wonga works out to be cheaper than the majority of other lenders. Again, this is because Wonga charges fees on a daily basis while the other short term lenders charge you the entire 30 day rate even if you repay the loan within 10 days.

For instance, if you borrow £100 from Wonga for 7 days, you'll have to pay £12.78 in interest charges. The interest for 14 days would be £20.07 and the interest for 18 days would be £24.23. Borrowing £100 from any other short term lender for 1 to 30 days will cost you £25 in interest charges. As you can see, depending on the term of the loan, you can save a nice chunk of change on fees by borrowing from Wonga. Using a Wonga promo code will only add to these savings.

Unlike other short term lenders who can take a couple of days to transfer the money to your bank account, with Wonga loans you receive your money on the same day. Bear in mind that with other lenders, even though you don't have the money for 2-3 days, you are still being charged interest for those days. Wonga has an exceptionally quick decision making process; borrowers can be approved in as little as 1 hour with the right documentation.

If you'd like to get the money from other lenders on the same day, they will usually charge you a fee of £20 for a same day transfer. All these charges can add up and the net interest rate you end up paying could be much higher than the original one you agree to. Luckily, there are no such hidden fees with Wonga.

Qualifying for a Wonga Loan

While Wonga performs routine credit checks like any other lender, you don't have to send them documents by fax or other means. Wonga allows you to complete the entire application process online with no further hassles.

All you need to do to qualify for a short term loan from Wonga is:

· Be at least 18 years of age

· Hold an active bank account with a debit card

· Be a UK resident

· Be fully employed

If you are able to satisfy these conditions, you could have your loan application approved extremely quickly and enjoy the favorable repayment terms Wonga offers.

Article Source: Ezine Articles

How to Get 100 Day Cash Advances Without a Checking Account

What would you do if you need to get your hands on some money very quickly but you don't have a checking account? And what if your credit was really, really bad? How will you get the money you need?

Maybe you've heard of payday loans and think you've got a shot with them. But you know that they expect you to repay the money on your next payday. And perhaps you've heard that those cash advance companies also require you to have a checking account.

I guess if you're comfortable with the idea you could go down to your local pay day loan store, get in line, and get the money you need from them. Perhaps it's not the safest thing you could do, but it has done the job for a lot of people over the years.

If you'd prefer to get the money you need without leaving the safety of your own home then I've got some good news for you.

The No Checking Account 100 Day Payday Loan Secret

You see, there are online payday loan companies that not only lend money to people who don't have a checking account, they also offer them up to 100 days to repay their loans.

At least one of these companies works with more than 150 banks, financial institutions, and cash advance companies in order to find their clients the lowest interest rates and the most money. Most of the companies they work with offer up to 100 days to repay a loan. And some of them do not require the borrower to have a checking account.

You will need a savings account, though, because the pay day loan company that will lend you the money will wire the funds directly into your bank account once you are approved.

How Long Will It Take For You to Get Your Pay Day Advance Loans?

Figure that it will take you around fifteen minutes to fill out the application. The neat thing about at least one of these companies is that within 90 seconds after you submit the application they will have gone through their entire database and will have found the companies that will lend you the money without a checking account.

And they look for the companies that have the lowest interest rates and offer the most money.

Article Source: Ezine Articles

Cash Today Payday Loan

Is there such a thing as a cash today payday loan? Is it true that I can get a loan the same day I apply? Yes. Is the simple answer to these two questions. Later in this article, you will know more about this loan and why it is becoming a preferable option for those seeking funding.

What is a cash today payday loan?

A cash today payday loan is a loan that extends money to a borrower, on the same day that they are approved. It is a great option for those with bad credit who need money quickly.

How fast will I have funds sent to my account, once my application is approved?

You can expect to have cash sent to your account, within about two hours after approval. This is the standard procedure for these types of loans.

Can I get this loan if I have a felony?

Yes. You can get this loan if you have a felony, but you will need to explain the nature of your offense to the loan agency directly by phone. As long as it is not to serious, you will be able to get funding.

How much money can I get from this loan?
Cash today payday loan companies will allow you to borrow up to $1,500. If this is not enough, you can contact the loan agency and they will work out a way for you to get a higher amount.

Article Source: Ezine Articles

Cash on Short Notice: 100 Day Payday Loans

Getting a loan through regular channels is a daunting and often fruitless task. Not only is the application process tedious; with forms needing to be filled in duplicate, but the decision making is arbitrary and long and at the end of the day you might not qualify for the loan. 100 day payday loans offer no such hustle and increase your chances of getting the loan by at least 90%.

Based on 100 day loan reviews of 100 day payday loans from customers, the following conclusions were made:

   1. It's easy to acquire - As mentioned before the application process is relatively simple since all you need to do is fill out a single form.

   2. It's secure - One of the main issues that can be raised about 100 day loans is the security of the online site they are offered on. Information supplied in the application document is often highly sensitive and as such there needs to be a secure system in place to safeguard client details. 100 day payday loans rated 9.5 out of 10 in terms of security. The site was reviewed at being very secure, the only downfall being personal information such as name, mailing address, gender and telephone number are used for marketing purposes.

   3. Cheap loans - This refers to the rate of interest charged on the 100 day payday loans. The rate varies from state to state, however the cost of the loan is estimated to vary between $5 and $25 for every $100 borrowed.

   4. Fast processing - It typically takes about ninety seconds to process a 100 day payday loan. During this time your application is approved and the company database is searched for potential lenders. Payday has more than 150 lenders that can supply 100 day loans.

   5. Customer service - This section of the 100 day loan review ranked the highest at 10 out of 10. Application for the 100 day loan can either be conducted online through the payday website or via phone to one of the company representatives. Support services are also offered for customers that need assistance as well as a FAQ section on the website.

On the basis of the review information, for quick, reliable results payday presents a good candidate for 100 day loan providers. That said though, caution is recommended before you proceed with this course of action. Before taking any action equip yourself with information so that you know what your obligations and expectations should be.

Article Source: Ezine Articles

Instant Payday Loans: No Brokers, No Faxing, No Fuss - End Of Story

We've all been in situations where a little extra cash would be handy - if the car breaks down, for example, or an important anniversary requires a special celebration. Whether for good or bad reasons, life has its unexpected costs every now and then.

Sometimes, you just can't cover these extra expenses in a typical monthly budget. Of course, many things can be planned and budgeted for, but others take you by surprise and need paying for then and there, regardless of when your next pay packet is due.

That's where the payday loan comes in. These short term loans are designed for situations exactly like this and allow you to borrow a small amount of money (below £500, usually) and pay it back later in the month once your salary's arrived.

Two things make instant payday loans different from traditional loans. The first is the cost - interest is calculated by the day at anything between 100% APR and 5,000% APR in the majority of cases. These loans can be very expensive, which is why they are only supposed to be a quick fix, and the quicker you pay the loan back, the less interest you will have to pay.

The second difference between borrowings of this sort is that is it designed with convenience in mind. Traditional loans can involve a lengthy process of phone calls, credit checks and faxing over various documentations. Then there's the wait for a decision, which can take several days.

Payday loans are designed to get rid as much of this hassle as possible. Most lenders operate online, which means an instant decision about whether or not you are eligible for a loan based on questions that you answer online. If your application is approved, your cash will be deposited into your bank account in an instant - or at least within 24 hours.

Some people use a loans broker to speed up the process and make things easier by acting as a go-between for the lending company and the customer. The disadvantage of this set-up is that the broker will usually charge commission on top of the lending company's interest rates and processing fees.

Direct lenders allow you to apply for an instant payday loan online directly from them. That means no brokers, no faxing, no phone calls, and an instant payout. This kind of convenience is great if you need cash quickly. Just make sure you know what you're getting into.

Article Source: Ezine Articles

30 Day Loans - Simple Solution For Your

If you have the need of instant cash to make yourself free from some bills or want to buy something immediately then 30 day loans can help you with that. As the name says these loans are only for small period offering small money. But if you have any requirements just before your payday then it is a fine solution for you. If you live in UK and fall in that category who seek loans most of the time then these loans just for you.

These loans are basically for UK people who have the age more than 18 years. Lenders check the employment status of the borrowers for making sure that you can repay the loan amount on time. For this reason you must have the salary of at least £1000 for impressing your lender. You also must have valid bank account. After the approval of the loan lenders deposit the money directly into your bank account.

Cash is small but adequate for small needs. Lenders allow the loan money within the range of £100 to £1500 and you get the time to repay the loan within 30 days. That's how 30 days loans work. These loans are designed like that so you can pay back the loan at your payday. You can decide the amount according to your needs and desire. With this amount people can fulfil their needs like credit card bills, medical bills, car repairing, house rent, and education purpose and so on.

30 days loans are uniformly accessible for adverse creditor as it is free from credit check criteria. Now, people will effortlessly get permitted despite of numerous credit defaults like insolvency, arrears, CCJ's, IVA, foreclosure etc. Plus, no deposit makes the loan approval procedure quite easy and fast. Now, there is no need to place your assets at risk as you can easily explore the funds with this loan.

Article Source: Ezine Articles

Same Day Cash Loan - Free Entry and Fast Money

For handling financial issues on the same day whenever it occur you should go for the same day cash loan. This loan is quite well-known in the financial market for its best and prompt services. Anyone, when needs money very urgently, go for these loans and get relief. This why, these loans are considered to be a reliable friend of the borrowers.

The reason for naming these loans to be the 'same day' is that the applied amount is being deposited in the borrowers' bank account on the same day applying. Not a single minute delay is being practiced in it and there is full assurance of fast money delivery. No borrower would ever have to be disappointed for that. However, that has been possible only because the credit checking system is being kept away from these loans. No credit records are being checked and no one is being turned down for having poor scores. All are allowed and fast money is dispatched. All those allowed poor credit records include:
 County court Judgments

•  Late payment
•  Skipping of installments
•  Arrears
•  Defaults
•  Bankruptcy or
•  IVA

Several things that will be easier for you to handle are paying grocery bills, your child's examination fees, loan installments, car repairing, electricity bills or home installments. Earlier on, to pay these off you had to wait for your salary. Handling these in the month mid was like something very impossible. But not now, all these are easily paid off with the help of these loans.

The offered amount is quite supportive because it ranges from £100 to £1500 and for repaying it a term of 14 to 31 is being provided. You can adjust the repayment date with your payday for automatic repayment of the loans. On your payday, the payable amount will be directly transferred to the lender from your bank account. So, you will not get any trouble in the repayment of the same day cash loans.

Article Source: Ezine Articles