Bonga Loans Review

Company Name: Bongaloans.com

Trading name of: BB Credit Ltd


Registration Number: 7744136

Credit Licence Number: 645934

Representative APR: 821%

Maximum Loan Amount: £1,000

Loan Term: 7 - 14 or 30 days

Cost to Borrow £100 for 30 Days: £20

Representative Example: Amount of credit £100 for 30 days. Total amount repayable £120. Interest £20. Interest rate 244% p.a fixed. Representative 821%APR (variable).

Hidden Fees: none (registration is free, no processing fees)

Promo Code:  No

Contact: support@bongaloans.com / 0871 986 0220* (*calls charged 10p/min)

Requirements to apply: you must be 18+, employed in the UK (not self-employed), earn at
least £500 a month and have a UK bank account with an active debit card.

About: BongaLoans is one of those Estonian-based lenders (such as Peachy, Quid24 or MyJar) who actually do a very good job at providing short term loans very fast and in a very convenient manner.

You only need to sign up once and accept the agreement.
Once approved, your loan is sent to your bank in 15 minutes during their opening hours (then it takes usually longer because your bank is slow, not them).

Besides they offer the possibility to extend your loan by 7 days if needed. You can also request a loan by mobile phone.


Send your own review of Bonga Loans in the comments section below