Alternative to Wonga

We are a direct lender providing an alternative to Wonga Loans

Want to know more?

How much would you like to borrow?

400
1000

Duration of loan

6
12

Borrow

£1000

Duration

9 Months

Admin Fee

36

Monthly repayments

£500

Interest

£309

Total to repay

£945

Representative Example

If you borrow £500 over 12 months, your total repayment is £929.40. Your monthly instalments will be £74.95 and a one off 6% administration fee of £30. With a 280% Representative APR.

New customers can apply for a loan of up to £1000 for between 6 and 12 months.
Existing customers can apply for a loan of up to £3,000 for a maximum 18 months.

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Or speak to one of our team.

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Get approved!

Decision within 24 hours

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Money in 24 hours

Receive funds in your account within one working day.

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Alternative to Wonga

If you are in the situation where you need to get hold of some money fast, what do you do? One solution that may come to mind is a loan. But that can feel very risky, particularly in the current economic climate.

You may be thinking about a payday loan. One of the best known payday lenders was Wonga. But Wonga went out of business in 2018, amidst general concerns from the FCA (Financial Conduct Authority) about people taking out payday loans that they could not afford to repay.

So if you do need money urgently, what is the alternative to Wonga or other payday lenders? This is where Fair Finance can help.

Fair Finance provides an excellent alternative to Wonga. We offer loans of up to £1000, repayable over a period of between 6 and 12 months.

You can repay your loan early if you want to at no additional cost.

You can choose to make repayments either weekly or monthly, whichever is best for you. Use the slider to see how much your repayments would be.

We are clear and upfront about the cost of your loan, so you will know exactly how much you need to repay and when. There are no hidden surprises. And, needless to say, our loans are fully authorised by the FCA.

We will consider lending to you even if you have poor credit history, as long as you are now able to afford the loan repayments. So if you are looking for an alternative to Wonga, Fair Finance could be your ideal solution.

Want to know more?

WHY BORROW A FAIR PERSONAL LOAN

Bad Credit? On Benefits? New to the UK?

No problem. We assess every loan to ensure everyone gets a fair chance.

Discounts for existing customers

Repaying your loan will allow you to borrow more and each loan will be cheaper.

No hidden surprises

We don’t charge for late repayments or for making early repayments

LET US ANSWER YOUR FAQ’s

We are a direct lender providing affordable loans of up to £3000

Why should I come to Fair Finance?

Fair Finance is a social enterprise. We aim to tackle financial exclusion. We build products for people with financial problems. We offer the cheapest price we can that is responsible and sustainable. We are actively transparent clear and honest.

Yes, we lend to those who are working or are on benefits.

We aim to tackle financial exclusion and build products for people with financial problems. Please visit our dedicated credit page for more information. We are actively transparent clear and honest.

Any more questions?

Money worries? Need information or Advice?

Managing your finances can be daunting and complicated.

Credit Building? Want to improve your credit score?

Your credit history tells lenders about the loans you’ve borrowed, payments you made or missed, and any fraud.