Astronomical rates don't always mean a bad deal. An unarranged overdraft could cost £60 when Wonga would charge £, for example. Short term loans from R - R Fast, flexible and % online. No branch visits required, no hidden charges. Quick online decision, cash straight to your. Payday loan giant Wonga has increased the interest rate it uses to illustrate the cost of borrowing to 5, per cent – a rise of 1, per cent.
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