Wonga! Worst Financial SP Ever! Never Never Think Of Them

Worst mistake I did was taking a load of R1505 from Wonga.

They charged me R420 something a month, as repayment for 6 months. Just think about it , that itself amounts to R2400 and some odds. That’s more than 50% interest rate but they said the loan is on a mere 30% interest.

First month, I paid R420 and reversed but repaid it 5 days after pulling it back.

I got my statement for that month , because I was shocked at how the amount I owe doesn’t change according to their dashboard on their website, so I looked at the statement, only to realize the first month they charged me a monthly service fee of R89, I don’t know what for and that’s excluding the R420 you’re paying back for 6 months.

Eish I’m tired of explaining but never consider Wonga for financial aid. It’s better that mine was a small amount and settling it all end of the month.