Direct Loan Uk

Provided that you have a full-time job and a reasonable credit history, no bankruptcies, IVA's or County Court Judgements (CCJ's), you're eligible for a short-term cash loan. You'll need to be in full-time employment. Self-employment is an issue with Lending Stream, but not with Wonga.com. Lenders offer new and existing customers the opportunity to borrow money on an unsecured basis.

It's an alternative to a bank overdraft facility. You'll receive payment within a maximum of 24 hours and can use the money for any purpose. Lenders are more concerned with proof of identity and your ability to repay the debt than why you need some quick cash. You can get the money you need for any purpose, such as paying the rent or because you're planning to go on holiday.

How Much Cash Can I Borrow?

Your ability to borrow depends upon whether you're a new or existing customer. New Wonga.com customers can borrow up to £400, and up to £1,000 once you've improved your trust rating. It's just a matter of repaying the debt in-line with the terms and conditions of the agreement.