This Wonga promo code was added here in late 2011, which is why the 2011 reference is still used here. Wonga is a major UK lender that in the recent comparison conducted here was one of only two lenders to score 8 stars (the other was QuickQuid). From studying every payday lender, there is no doubt that Wonga is the most popular one of them all in 2012. This is evident from their promo code being more popular than QuickQuid’s who happen to be another one of the leading payday lenders in the UK. One of the only issues with Wonga is that each customer must always pay a transfer fee of £5.50 regardless of the day that the loan will be paid back on and this does tend to ramp up the overall charges. This (now) Wonga promo code 2012 discounts this transfer fee, but it also takes away some additional cost.

Wonga Promo Code 2012: vll462

Note: This promo is only available for new customers only. Wonga is unique in that they allow the customer to choose the loan term to the exact day. Due to this quality, Wonga are scored on a 15 day loan term in the example provided (Safeloans and TxtLoan are also scored this way). Here is a breakdown of the overall charges with the added discount…

Charges: £15.61/£100 interest + £5.50 transfer fee = £21.11/£100
Charges: £15.61/£100 interest + £5.50 transfer fee – £6.32 = £14.79/£100 (with promo)

(tags: best promo code for wonga, cheap fast loans, wonga promotion code, wonga uk, woonga)