I found this website today and I’m trying to work out how I feel about it…

Wonga – Short Term Loans

They’ll lend you up to £400 for up to 30 days to help you pay a bill, and they’ll approve it and transfer the money in under an hour.

The APR sounds shockingly high, but as the loan is only over the maximum of a month the repayment isn’t horrific, i.e. if you borrow £200 over 15 days you’ll have to pay them back an extra £35.90. You can even get them to pay direct to your service provider.

I certainly think in the past this could have helped me out, although it’s worth considering if the interest charges are going to be more or less than the bank charges. I guess time will tell if they’ll become a useful service for people struggling a bit with their cash flow, or if they will horrifically rip people off when they are needing help.

So, make any web page look like it was made by a 13 year old in 1996, huh?

You know – that is better than the first site I made when I was 17….no, I’m not going to EVER let anyone see it.

Geocities-ize your site