Payday Loans

In the current recession there are variety of short term loan or payday loan companies available.  Payday loans became very popular because you can loan during the month and repay at month end with your salary.

Wonga provide loans of up to R 2,500 for new clients and up to R 8,000 for existing clients that proved to repay as per agreement.

I prefer Wonga because they offer a loan calculator to assist you to work out,  all by yourself,  the term of repayment aswell as amount needed.

This smaller amounts can come in handy when you are waiting on your paycheck while needing to repair your car or other urgent costs.  By month end you can repay the loan with your salary. We strongly discourage you to loan funds for luxuries.