Advice - Paying off Wonga Loan

FireWyrm

boleyn1536 wrote: »

I've just discovered myself, that Wonga only lets you add debit cards to your account, not credit cards. Frustrating.

Did you not read my comment. Any payment from a credit card in this way is a cash advance which attracts a truly horrific level of APR (some I've seen as high at 47%!) not to mention, it goes to the back of the queue when it comes to paying it, way behind interest, way behind balance transfers. In fact, its the very last bit of the debt on a credit card that gets paid off and until it does, it continue to acrue interest at an alarming rate.

You already have a PDL, which in itself is not good for your credit rating and now you want to add a credit card to this for payment purposes knowing that it will incure serious interest?

Please, for your own financial welfare, dont. Thank your stars, they, Wonga dont let you do that to yourself.