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A £150 Wonga loan for 18 days,. 24 Related Questions and AnswersWhat went wrong with Wonga? At the end of August 2018, Wonga UK collapsed into administration due to the sheer weight of compensation claims. Wonga collapsed into administration last week after a flurry of compensation claims over improper sales practices, with an estimated 200,000 customers still owing more than £400m in short-term. Our loan application is completely online and takes just a couple of minutes to complete. Loans up to R4,000. Wonga Loans Alternative. Quick online decision, cash straight to your bank account if approved. By the end of the article, you will get to know about their key features, loan terms, loan amount, fees charged, interest. It's too big a company for it to have debt collectors threatening to bust your kneecaps, and it wouldn't get the publicity it has got if it didn't look after its customers at least a little. uk. At Southern Finance, we offer quick and convenient short-term loans. 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Credit unions could become competitive payday lenders and compete with companies. Cashfloat supplies financial loans like Wonga using the same fast payment and flexible compensation conditions, however with greater client care and stronger, responsible lending regulations to guarantee your well-being. Fast unsecured loan online. co. With every source that you use when it comes to borrowing money, the lender will always need to verify if they are lending a valid person who will be able to. 2. Our short term loans help people manage their cashflow. Short Term Loans from £300 - £1,500. 5% pa (fixed). This may make you a feeling of the manner where you might obtain of the safely providing a great Cashfloat Wonga option. There was an administration collapse in Wonga in the month of August 2018, and after that collapse, the company is no longer providing loans.