Apply today for a short term loan from Wonga

New customers can apply to borrow up to R4000 with 1 month to repay.
Existing customers up to R8000 with up to 6 months to repay.

Short Term Loans

Short term loans are a method of financing in South Africa. They are an alternative option to traditional payday loans. People usually apply for a short term loan online, with the loan typically lasting for up to three months for a maximum of around R4000.


Short term loans are great when you need cash for an unexpected expense or grudge purchases you haven't budgeted for, but they’re not always easy or quick to get. Wonga offers short term loans that are easy to apply for and quick to receive.


Sometimes you just need access to a quick loan that provides flexibility and convenience. The problem is that most short term loans and a lot of unsecured loans from banks will only let you borrow set amounts and penalise you for paying it back quickly. But now there's a totally new way of borrowing cash – introducing the new breed of short term loan lenders... Wonga.


Why are other short term loans so expensive?

A lot of short term loan providers claim not to do a credit check on loan application, which is in contravention of the National Credit Regulations. With Wonga, in order to get a short term cash loan, you'll have to pass our credit check, which usually only takes a few seconds. When you do, you'll be able to take advantage of our short term loans and get the funds in your bank account within the same day of your application. Most customers receive their funds within a couple of hours once approved.


A short term loan that gives you financial freedom

We advise that our short term loans should only be used when you are faced with an unexpected expense you haven’t budgeted for and you should only borrow what you can afford to repay within a month. Just think of it as a cash advance before your money comes in.


When there's too much month at the end of your money and you have a tough time covering your expenses, Wonga can help you get by until your next payday, so you can continue living your life.

How to apply for a Wonga short term loan

We’ve worked hard to make our application process quick and easy. Just follow the steps below.


  1. Connect to our site using a mobile phone, tablet or desktop PC.
  2. Create your account to log on to
  3. Specify your desired amount of Rand (maximum of R4000 for new customers).
  4. Specify your desired amount of time (maximum of 3 months for new customers and up to 6 months for existing customers).
  5. Complete your application via our secure form.
  6. You provide your most recent payslip or bank statement (not older than 60 days) as proof of income.
  7. If successful, your cash is sent to your bank account, typically within 15 minutes.
  8. You pay back the loan within the agreed timeframe, early repayment is allowed and actively encouraged so you save money.


Conditions of the Wonga term loan product