Wizzcash

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Company Information

  • Company Name:
    Wizzcash
  • Website Address:
  • FCA IP:
    642819
  • Business address:
    4th Floor, 7 Chandos Street, London, W1G 9DQ
  • Phone number:
    020 3740 7273

Wizzcash first began trading in 2012, and since their early days, they have now expanded into several sectors of the financial market. They are a company that takes pride in their responsible lending habits and low APR. They will only approve suitable candidates that they truly believe will be able to meet the repayment deadlines promptly, however they don’t hide behind additional charges and there are no fees for paying back a loan early.

APPLICATION REQUIREMENTS:

As responsible lenders, clients wishing to make a payday loan application with Wizzcash need to be residing in the UK, over 18 years of age, and in current employment which sees them take home a minimum of £750 each month. In order to complete the application process, customers will also need a valid email address and phone number.

LOAN AMOUNT AND CHARGES:

Wizzcash offer flexible payday loans of up to £1000, and unlike other lenders, they give customers the chance to repay the amount over three months. They choose to offer this option because of their commitment to responsible lending. The APR rate on a payday loan with Wizzcash is 1265%.

PROCESS:

The process of applying for a loan with this lender differs slightly depending on whether you are a first time customer or a returning client. This will also effect the amount you are entitled to borrow. After completing an application form, customers will be required to meet credit and affordability checks in order to obtain an approval. If successful, you will then be asked to sign the loan agreement electronically, via a link sent by email and an additional SMS code. A copy of your pay-slip or bank statement may also be required before funds will be transferred.

PAYMENT:

Funds can be transferred to successful applicants accounts within one hour, after the loan agreement has been electronically signed and reviewed by a member of the Wizzcash team. Repayments come out of the borrowers bank account automatically, in three equal parts. As mentioned above, there are no extra charges for customers wishing to repay their loans ahead of schedule.

36 Reviews of Wizzcash have been submitted - read the latest 3 below

Getting your loan money within an hour of applying for it is one of the best features of a Wizzcash payday loan as far as I am concerned. Being able to repay it over a 3 instalment period is also a very good factor of a Wizzcash loan. Provided they keep their rates competitive I don't see any need to go with a different lender at the moment and I have been recommending Wizzcash to friends who seem equally happy with them. So I don't think I am far wrong in saying they are one of the best payday loan companies at the moment.

Review posted by David Cooper, Streatham

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

I like using Wizzcash because they are more than just a regular payday loan company because they let you borrow larger sums and repay them in 3 instalments which is a much better option for me personally. I've had other payday loans where I've borrowed less but struggled with the one repayment at the end of the loan period. I never have to worry about that with these Wizzcash loans and it doesn't necessarily mean I am always borrowing more it just means I find the instalment repayments much easier to manage and for me that is brilliant and that's why I'll continue to use Wizzcash.

Review posted by Lyndsey Evans, Carshalton

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Once I had got the first loan with Wizzcash out of the way the subsequent loans have been really easy and straightforward for me. I think once Wizzcash have your details on record they can process your loan application much quicker provided you haven't changed any of your main details. I always keep a payslip to hand just in case because when I got a pay rise last year I had to prove this to Wizzcash before they would approve a bigger loan amount for me. Now that information is on file they haven't asked to see it again so my current loan went through very fast indeed. It was a proper wizzcash loan in every respect.

Review posted by Macreish J., Wimbledon

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money