Payday loans are unsecured, high-cost loans that are meant to be repaid as soon as possible. They are usually for a small amount, and the due date is usually the next payday. However, payday loan companies like Wonga emphasise that the loan duration is entirely up to the consumer.
Cashfloat
If you need money fast, but have poor credit, you can use a payday loan like Wonga. There is no credit check for these types of loans. They are issued through a direct bank account. The application form includes a loan calculator. This can help you determine how much money you need to borrow, as well as what repayments you can afford. The application is available on the Apple and Android app stores. You can also login from your computer, tablet, or smartphone.
Cashfloat is an online lender based in the UK. Their loan amounts range from a few hundred dollars to several thousand dollars, and they can be repaid within a few weeks. Their customer service team is available via phone, mobile, and e-mail to answer any questions you might have about the application process.
LoanPig
If you need an urgent payday loan, a payday loan from a platform like LoanPig can be the right choice for you. You can apply online and fill in details like your income and expenses, and even your bank account details. The system will immediately conduct a credit check and record your score. Once your application is approved, you will be directed to a moneylender’s website, where you can electronically sign the loan documents.
A payday loan from a site like LoanPig is comparable to one from Wonga in several ways. Firstly, both sites offer a financing calculator, which allows you to input the desired amount and term of the loan. They also both have easy-to-use online applications, which make the process as simple as possible.
Cashfloat alternative to Wonga
If you’re looking for a payday loan alternative, Cashfloat is a great option. It has similar funding requirements and repayment terms to Wonga, but it uses good, accountable lending strategies. If you need money quickly and don’t want to worry about high interest rates, Cashfloat is a great option.
Cashfloat is available on Android and Apple app stores, and unlike Wonga, you don’t need to visit the Wonga website to apply. You can even log in from your mobile device if you’re on the go. The application process is fast and secure, and you can easily review repayment amounts and affordability.
Cashfloat is a safe, secure and fast payday loan alternative to Wonga. Wonga is a well-known payday loan company in the United Kingdom. It started in 2006 and provides short-label money, but has faced criticism for high interest rates. In 2018, Wonga went into administration, as a result of a data breach and settlement claims. The company was given an independent consultant, Grant Thornton, which aims to restore its reputation.