Loan providers

Wonga 

It has been known as the expensive borrowing in the UK with 5853% APR
It easy to borrow, but the amount is only 400 for 1st timer and increase slightly for existing customers.
The length of borrowing is short.

Amigo loan

http://www.amigoloans.co.uk/
The rate is cheap 49.9% APR
The length can be up to 60 month, the amount can be up to 5000
However, it require UK citizen house owner as the guarantor.

IWOCA

The rate is 48% APR
Length 6 month, amount up to 50000
Can repay early
Require business on ebay, website...
Evaluate take up to 24h

EZBOB

Rate is 48.9%
Interest reduction during loan term up to 20%
Reduction interest rate for existing customers up to 20%
Length 12 month, amount up to 50000
Can repay early
Require business, driving licence, landline
Evaluate 24h

Credit scoring

This is the example of criteria which can be used for credit scoring:
It can be seen that the older you are, the better credit score.
Marriage person has higher credit score than single
If you have children your credit score also increase.
Time with employer can prove your stable of finance

Age (years)
Marital Status	Single                 Married                 Living with a partner                 Widowed                 Divorced / Separated
Children	Yes                 No
Residential Status	House Owner                  Flat Owner                  Living with Parents                  Council Tenant                  Tenant Unfurnished                  Other
Post Code (first 2 letters )
Time at address (years)
Are you on the electoral register?	Yes                 No
Home landline	Yes                   No
Annual Gross Income (Including benefits)
Time with employer	Unemployed                  Less than 6 months                  7 months to 1 year                  1 to 2 years                  2 to 5 years                  Over 5 years                  Retired                  Other
Time with your bank	Less than 6 months                  7 months to 1 year                  1 to 2 years                  2 to 5 years                  5 to 10 years                  Over 10 years
How many Credit Cards ?
What is your total estimated available credit limit (on all cards and loans - excluding mortgages)?
What is your total estimated outstanding debt (on your credit cards & Loans - excluding mortgage)
Current / cheque account	Yes                 No
County Court Judgement (last 6 yrs)	Yes                 No
Credit Account(s) conduct	I never miss a payment                 I sometimes pay late but never miss a payment                 I miss the occasional payment                 I am or have been in arrears with at least 1 lender                 I regularly miss payments on several accounts                 I don't have any credit accounts

There are a lot of website you can estimate your credit rate such as

http://www.moneyforums.co.uk/credit_score_calculator.php

Save interest of borrowing from Wonga

£5 saver from Wonga

A lot of people who in need for cash before their payday. Therefore, Wonga was born for that purpose.

However, the rate of Wonga is a bit high when you borrow the money. 

Here’s your promocode and link which you can share with your friends.

eng359

If you prefer, here’s a link you can copy and paste: www.wonga.com/?p=eng359

If you enters your promocode on the Wonga homepage (or lands on our site using your link) and is approved for a loan of £50 or more, you will save over a fiver

Click here to see Terms and Conditions