Ever run out of cash while taking care of an important project? During such instances, the only thing that comes to your mind is to apply for some quick cash. Now that Wonga no longer provides payday loans, you might not be sure where to get some cash to take care of an emergency. In this list, we have mentioned some of the best Wonga alternatives that you should consider next time you get financially fixed.
This is one of the best platforms to visit when you need easy loans. They offer short-term loans from £125 to £500 with a daily interest of 0.8%. What makes this company highly reliable is that they do not charge late interest, late fees, upfront fees, or default fees.
If you are a first-time borrower, you will only get a maximum of £125. This might not sound good, but your loan limit increases if you have a good repayment record. Once your loan is approved, your funds are sent directly to your bank account. They let you choose whether to repay your loan weekly or monthly.
From Peachy, you can access short-term loans ranging from £100- £1000. They are a great option if you need some cash to take care of an emergency. They are known to approve loans fast and have the funds deposited in your bank account.
You can access this site on your mobile device, PC, or tablet. If you are eligible, the company will have your loan approved within one hour. Once the funds are disbursed, you can repay with one to twelve months.
Peachy has been on the market for long, and their customer care team is available 24/7. Most of their services are delivered online.
If you are looking for a company that approves your loan in less than ten minutes, then Creditstar is your best solution. The company will have your loan approved in less than an hour, which makes it highly reliable, especially when you have an emergency.
If you are a first-timer, you can borrow up to £300. Returning borrowers can take up to £700. You need to repay your loan within a period of six months to have a good credit score from the company. It is essential to check out the terms and conditions used by the company before applying for a loan with them.
Wizzcash is a UK-based direct lender that focuses on helping you meet your needs as fast as possible through quick loan approval. They have an excellent communication system that makes them one of the most reliable online lenders online. If you contact Wizzcash, but they are unable to help, they will hook you up with consumer credit companies that you can trust.
Once your loan is approved by Wizzcash, and the funds disbursed to your account, you can repay your loan within 1 to 36 months. They also provide their clients with loan comparison websites to help them understand credit ratings and other loan products. The company is trustworthy as it does not share your sensitive data with a third party.
Mr Lender is arguably one of the best short term loans in the UK. It has a competitive rating of 9.6 on Trustpilot. In 2018, the company won Customer Service Champion in the Consumer Credit Awards. This is a clear indication of how good they are. This is the company to run to if you don’t want to pay upfront fees when applying for a loan. You will not be charged any fees when you miss payments.
The company has a blog that is updated frequently, and this blog offers advice on how to save money. You can also learn about responsible lending and other important financial tips from the company’s blog. They are committed to ensuring that you get everything you need from their website.
Cashfloat is a direct payday loan company that has served at least 40,000 happy clients. It is the place to be in case you have a bad credit score that you need to improve. They also make sure that it is affordable for clients. With their Money on Demand App, you can manage your funds and make repayments on the go.
Some companies might let you take multiple loans even when you have not fully repaid the previous ones.
It all depends on your eligibility. If you have a good credit score, then you can apply for loans from multiple lenders. You may not need to do this if your current lender can let you take another loan even before repaying the previous one.
Yes. If you are a UK citizen and you need some cash, you can apply for a loan from any country in the world. However, you might not access a loan from the companies listed above if you are not a UK citizen.
There is no need to panic if you have run out of cash. The lenders aforementioned can let you access a loan in a matter of hours. Since their services are available online, you can access their services anywhere. Make sure to check the terms and conditions of a company before applying for a loan with them.