Wonga Loans Alternative
Search for great alternative offers to Wonga using our smart search in 3 easy steps. Here’s how to do it:
Representative APR: 49.9% | Representative Example: Loan Amount: £1,000 over 12 months at £107.53 per month. Total Repayment: £1,290.36 | Interest: £290.36. Interest rate: 49.9% p.a. Fixed*.
Get A Wonga Loan Alternative With LoanBird Now
Step 1 - Application
Complete an application in just a few minutes, detailing details about you and the Wonga loans alternative you’re looking for.
Step Two - Decision
See your pre-approved lender offers in just a few seconds and review them at your own pace. All you have to do is pick the one you like the most.
Step Three - Cash
Once you’ve signed your digital loan agreement, you’ll receive the loans like Wonga amount into your bank account within just 10 minutes!
See Your Personalised Lender Offers in Minutes with our Wonga Loans Alternative
Searching for instant online loans similar to Wonga is made simple when using our smart search at LoanBird. We help you avoid the time-consuming aspects of finding loans and help you see personalised offers in minutes. By completing just one application form, you’ll have access to multiple lender offers to review for FREE. As FCA-authorised brokers, we won’t charge a fee to use our service and you’ll also not be required to undergo a credit check. Simply tell us how much you want to borrow and how long for, and we’ll match you to the right lender immediately.
Whilst you may be looking for alternative lenders offering similar borrowing options to Wonga loans in the UK, we can offer much more than payday loans that were offered by Wonga. We’ll match you to the right loan product based on your current finances, which could be anything from a short term loan, guarantor loan or personal loan. You can also apply for borrowing up to £15,000, which is more than a single payday lender like Wonga could offer. At LoanBird, we want our customers to have more choice, that way you can make a better financial decision by comparing the best offers available. Click apply now to see what you could find today and get the funds in 10 minutes of signing your loan agreement.
The Benefits of Applying for Wonga Alternative Lenders Through LoanBird
Quick and easy online application
Find similar Wonga loans in the UK up to £15,000
Apply for alternative Wonga loans online from anywhere
Instant decision Wonga loan alternative lender finder
Choose instant alternative Wonga loans, business loans, personal loans and more
Find loans like Wonga with no credit check required
Over 30 FCA authorised lenders similar to Wonga loans in the UK
Instant bad credit loans available
Cash in your account 10 minutes after approval
No brokerage fees – completely FREE to use!
Easily Compare Lenders Like Wonga in Minutes & Find a Great Loan Offer
It’s always a great feeling when getting approved for a loan offer that works for you, whether it’s to cover an unexpected bill or fund a brand new car. Whatever the reasons for you needing to borrow money, at LoanBird, we can help you make a financially savvy decision. You shouldn’t just accept the first offer of a loan you find online, even if it seems like a good deal. That’s why we’ve made our smart search easy to use to compare multiple lenders at once, saving you time and effort when looking for your next loan. From borrowing options similar to Wonga loans in the UK to other online loans, no matter your circumstances and whether you have good or bad credit, we can help.
All the information you’ll see from our lender offers is fully transparent, meaning you won’t be charged any hidden fees or left unsure of any terms. This is so our customers can make a well-informed decision and decide the best alternative Wonga loans in the UK without the pressure of proceeding. Whilst we are happy to introduce you to our panel of lenders, if you can’t find what you’re looking for when reviewing your offers, there is no obligation to continue. You can use our helpful resource at any time when you want to see what’s available and quickly get the funds if that’s what you need.
Are You Eligible for Loans Like Wonga?
It’s simple to get started using our online comparison tool with the eligibility requirements allowing us to help many people. To be eligible to apply today to see you Wonga loans alternative offers, you will need to be:
At least 18 years of age
A resident in the UK
Hold a UK bank account with a valid debit card
Receive a regular income
As part of your application, you will need to agree to undergo a full credit check by the lender you choose to continue with. They will request supporting documents also including proof of identity, proof of address and your most recent bank statements. These will help confirm who you are and that you can afford the loan terms you are applying for. It’s a good idea to have these documents ready before applying so that you will avoid any delay with your application.
Apply Today for Alternative Wonga Loans in the UK
Find alternative Wonga loans in the UK easily with one application. Just click apply now to see your pre-approved offers in minutes. The team here at LoanBird are happy to help you whenever you need us, so if you have any queries about our services or want to know more about alternative Wonga loans, just get in touch and we’ll be happy to assist. We look forward to helping you find the loan you need and provide further information.
Wonga Loans Alternative FAQs
What APR Can I Expect with a Loan Similar to Wonga?
Our panel of lenders of alternative Wonga loans in the UK can offer APR rates starting from 49.9%. This means potentially receiving a great rate on the loan amount and terms you request, but the exact APR will vary between lenders. If you choose to apply for a payday loan, you may find that the APR is higher on a smaller borrowing amount as it’s designed for short term use. Compare this to a personal loan or secured loan for higher amounts in the long term, and the APR will be different. We recommend, when reviewing your lender offers, to pay close attention to the APR being offered for the loan. This way you can ensure you are happy with the terms offered before proceeding.
Can I Apply for Wonga Loans in the UK Lenders If I Have Poor Credit?
If you are someone with a less than perfect credit score, we can still help you find lenders of loans like Wonga. With our panel of lenders able to offer many different types of loan, not just payday loans like Wonga, we have bad credit loans available that are specifically able to help those with a low credit score. You won’t need a guarantor either if your credit history is poor, with some online lenders only able to help if you have a suitable joint applicant. You can browse our lender offers freely with bad credit and apply as a sole applicant if you find a suitable loan offer.
What Happens if I Miss Repayments on Alternative Loans Like Wonga?
As with any loan product, if you miss a repayment on your alternative Wonga loans agreement, you will need to contact the lender as soon as possible to pay the arrears. The lender will be able to agree to a suitable timeframe to repay the missed payment, but you may still need to pay any applicable late payment fees. Continuously missing repayments on loans like Wonga can lead to you defaulting on the loan, so if your financial circumstances have changed, you need to discuss next steps with the lender. We recommend seeking further independent financial advice from The Money Advice Service or Citizens Advice to assist in this circumstance.
Are Wonga Loans the Same as Payday Loans?
Wonga were a payday loans lender that went into administration in 2018. They provided short term cash loans as well as payday loans that could be paid back in full on your next payday or over short monthly instalments. Here at LoanBird, our alternative Wonga loans provide flexibility so that you do not have to repay the total amount within 1 month, unless you want to. You’ll still get a fast cash payout the same day and be able to borrow up to £5,000 even with a poor credit history, if you can afford the repayments.
What’s the Maximum I Can Borrow with a Wonga Alternative?
The maximum amount you can borrow with a Wonga loans alternative is £5,000, subject to credit and affordability checks. At LoanBird, we can help borrowers connect with lenders of loans up to £15,000, but this is usually for other types of long term loans or personal loans. A Wonga loan alternative is ideal for short term use over a shorter repayment period, so the amount you can borrow is less to ensure repayments are affordable. You can see all available options if you require a higher value loan when completing your application.
Does an Alternative to Wonga Provide Monthly Instalments?
Yes, you can choose flexible repayments of up to 5 years depending on the value of the loan. As typically many use a Wonga alternative to cover emergency expenses, you may only want to borrow for 3 – 6 months over the short term. You can choose the repayment term you’re looking for when applying and we’ll see if our panel of lenders can match your requirements.
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