As financial fraud activities are on the rise in South Africa, we have to be careful not to fall for these ever increasing scams and cons. There is an increase in fraudsters using the names and logos of reputable lenders and banks in order to cheat you out of your hard-earned cash. Wonga is just one of the companies that these criminals are using to target consumers attempting to get...
Read More..The end-of-year is the time when most people choose to relax, enjoy a little time off and reward ourselves for all the hard work we have put in during the year. Here are 10 tips on how to keep the festivities from turning into a financial hangover for you. 1) Plan your holiday spend Set a budget and stick to it so you can keep track of everything you spend. It helps to identify where...
Read More..Why must I upload my payslip or bank statement? We know that it might seem weird to have to upload your payslip or bank statement to our website - especially if you're an existing customer and have never had to do it before. In August 2014 the Department of Trade and Industry (or DTI) issued proposed regulations, which will form part of the National Credit Act. These are aimed at stan...
Read More..With a less-than-expected performance from the South African economy this year, we’d all like to know how to save money and get the most out of every cent of our salary. Wonga.co.za, as part of its Money Saving Tips guide, brings you five of the best practical ways to make the most your Rand. Think before you spend Credit cards should never be used for everyday expenses like petrol, f...
Read More..Even with the recent decrease in fuel prices in South Africa, the cost of fuel remains a worry to many of us. Here are our top 5 tips for making your driving more efficient. 1. Ensure your tyres are correctly inflated. Tyres that are under inflated or not only dangerous because they increase breaking distance and lead to uneven wear on your tyres, they are also a contributing factor t...
Read More..This is the first part of a series where will highlight some effective money saving tips. We focus on reducing your electricity bill by using your geyser wisely … Reduce geyser operating temperature.Reduce the temperature of your geyser by turning the thermostat temperature control down to 60 degrees Celsius (don’t reduce it any lower for health reasons). The thermostat can usually...
Read More..Wonga warming up winter Wonga.com is quite literally ‘Knitting for South Africa’ this winter. The digital finance company is launching the Wonga Warmers campaign, aimed at spreading a little warmth across the country. Wonga is working with a non-profit organisation Grandmothers Against Poverty & Aids (GAPA) to knit warm items of clothing which will be distributed to underprivilege...
Read More..CAPE TOWN - Most of us manage to make it through the first part of the year sticking to our budgets and keeping track of spending. But during December, financial restraint seems to fly out the window as we get caught up in the festive spirit, overspend and end up facing some serious debt in January. We have put their heads together and drawn up a list of tips of how to survive the fes...
Read More..