Understanding payday loans in Southern Africa

Online pay day loans are a product that is fairly new Southern Africa, as a result we’ve supplied the details below to assist you completely understand the important points of our payday advances alternative.

A quick payday loan lets you borrow the quantity of short-term money you want with an instant and simple application that is online. For instance, being a first-time wonga client it is possible to submit an application for as much as R4000 for the optimum as high as three months beginning with the afternoon you are taking out of the loan. Current clients can repay up to a few months. Pay day loans are repaid early to cut back the cost that is collective of credit.

Payday advances in past times have actually often been presented in a light that is negative. Read more →