Looking for Wonga Loans?

Wonga Loans

Wonga are probably the best-known payday loans lender in the UK, but Lending Stream doesn’t just offer a wider range of amounts you can apply for – we believe we offer better service too.

Over the years, Wonga have certainly been high-profile, which may have contributed to them possibly being perceived as controversial at times. Their Premier League Club sponsorship and TV adverts, along with various news stories over the years have meant that, for some, ‘payday loans’ are synonymous with Wonga.

Wonga may be the best known short term lender, but we believe it’s worth taking the time to compare them with other lenders, including Lending Stream.

Accurate as of 06/03/2018
Minimum Loan amount
New customers can apply for up to
Loan Duration
Speed of online transfer
Star Rating (Trustpilot) from 10
Representative
APR
£50
£800
6 months
Within minutes*

(9.4/10)
1325%
Wonga
6 month loan
£200
£600
6 months
5 min
TrustPilot Ratings
(8.6/10)
1086%

Representative 1325% APR

Warning: Late repayment can cause you serious money problems.
For help, go to moneyadviceservice.org.uk.

About Wonga six-month loans

Six month loans are a new idea for Wonga – they’re best-known for their one-month payday loans, but they’ve also offered three month loans (that they call ‘flexi-loans’) for some time now. Their six-month loans work in a similar way to Lending Stream. If you’re approved, you repay the loan over six monthly repayments.

Wonga loans are applied for online. They don’t have any physical presence on the high street. When you apply, you’ll be asked to give your personal details, work details and mobile number.

However, you can only apply for amounts between £200 and £600.

Lending Stream – An alternative to Wonga

Lending Stream offers more flexibility in the amounts you can apply for, even as a new customer. You can apply for any amount between £50 and £800 as a new customer (although as with any application, there’s no guarantee that you’ll be accepted). If you’re a customer that’s used us before, you can apply for up to £1,500 with Lending Stream.

We’re also higher rated on review sites. Just check for yourself! We’re rated 5 Stars on TrustPilot, with a higher overall rating as well.

Loans like Wonga

If you’re looking for payday loans, three month loans or six month loans, you may be looking for a Wonga loan because they’re the brand you know best. But if you shop around for other short-term lenders, you might find a quick loan that suits you better.

Representative 1325% APR

Warning: Late repayment can cause you serious money problems.
For help, go to moneyadviceservice.org.uk.

Let the Reviews Speak for Themselves

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Online
Applications

Apply online anytime - no
need to visit a store.

Money Transfer in
Minutes*

We can initiate fund transfer process within minutes*
of approval.

No Hidden
Fees

We don't charge an application
fee or transfer fee.

We don't offer loans under 60 days. Early prepayment options that are available are not associated with any fees or cost. Maximum APR of 1698.1%. Given a Representative APR is 1325%, if you borrow £200 over 6 months at 292.0% p.a. (fixed) your first repayment will be £33.60 followed by £96.00, £75.84, £66.88, £62.40 and £48.96 the following months. You will repay £383.68 in total, there are no additional fees.