Loan amountUp to R 8 000
Repayment termUp to 6 months
Interest rateUp to 5% / monthMonthly interest, plus fees

What to know at a glance

For existing / returning customers. The range below applies to this customer group. It is not a limit offered to everyone.

Separate first-time and returning limits. A minimum loan amount has not been confirmed in this directory. Approval and your final terms depend on the lender’s assessment.

Fees and the full cost

The public calculator itemises initiation, service fees, interest and insurance. The R2,500 / 18-day example checked on 7 November 2026 totals R3,001.22; this is an illustration, not a customer-specific quote. Wonga states there is no early repayment fee.

Initiation fee
R362.25 in the public R2,500 / 18-day calculator example checked on 7 November 2026. This does not establish a universal formula or a separate returning-customer tariff. Published fees include 15% VAT.
Monthly service fee
R69 per month, pro-rated for the first 30 days, including 15% VAT.
Credit life / protection
The public R2,500 / 18-day example includes R12.88 insurance for that loan, not a monthly tariff. Its credit life explanation names retrenchment, disability and death, and directs customers with alternative cover to its support team. The full policy, compulsory status, premium formula, exclusions and replacement acceptance criteria were not confirmed; request these with your quote.

Compare your total repayment as well as the monthly instalment. Ask for a written quote showing the exact rate, initiation fee, service fees and insurance applicable to you.

A detail worth checking

New customers: R500–R5,000, up to three months; returning customers: up to R8,000, up to six. The public slider’s day limits change with the date; they are not treated as permanent term bounds. Minimum term and returning-customer minimum amount need confirmation.

Before you apply

  • Cellphone number
  • SA ID number
  • Bank account details
  • Employment, income and expenses information
  • Most recent payslip or bank statement to verify income
  • Affordability/credit decision and DebiCheck approval

Other Wonga options

These products or customer groups have their own limits and pricing.

What happens next?

The button takes you to Wonga’s official product page. You decide whether to start an application there. The lender may request documents, obtain consent for credit checks and assess affordability.

Browsing Fairloan does not constitute an application. We do not collect your identity number, documents or contact details, and we cannot predict approval.

Sources and registration

Registration information published by the lender: NCRCP12875. This is not a live registry verification. Check the NCR register and confirm the legal entity before applying.