• Editor's rating
  • 4.5 star rating
  • 80%
  • Wowloans
  • Review by:
  • Posted at:
  • Last modified: 29th June 2018

Wowloans is a company specialized in fast loans in which the process is completely automated. That is to say: we will do the management 100% online; just by filling in our personal data, the system will approve or deny our request. If everything is correct, we will soon receive the money in the account that we have indicated.

The entity is trustworthy, being registered in the Mercantile Registry of Alicante , in volume 3964, folio 208, Sheet 1-151150, with NIF B-549474003 , complying with all the obligations established by Spanish legislation.

In case you have any questions about this entity, we will analyze all its conditions in detail in the following points.

Analysis and opinions of Wowloans

How much money can we ask for?

Wowloans allows us to request quick loans of up to € 1,000, with a minimum amount of € 20. Now, if it is the first time that we request the credit, we can only request an amount of € 150 .

Amounts between € 150 and € 1000 are reserved for regular customers only; that is, to those customers who have previously requested money and have returned it without problems.

Regarding the return time, we can choose between 7 and 21 days .

We can select the loan criteria from the simulator located on the Wowloans home page. While we are changing all the elements, in the lower left area of ​​the simulator the amount to be returned will appear (in which the cost of the loan is added, as well as the interest that we must face).

What requirements must we meet to request a loan with Wowloans?

  • Age: A minimum age of 18 years is established. As for the maximum age there is no established value (or, at least, it is not indicated).
  • Nationality: The applicant for the instant loan must not only have Spanish citizenship, but will also have to prove that they have it.
  • Mobile phone number: It is required to have a mobile phone that is operational (not blocked). To validate the account, you will receive a code in the form of an SMS that must be entered on the platform.
  • DNI: We will have to provide our DNI or equivalent (NIE in the case of foreigners).
  • Income accreditation document: They will not grant us the money if we do not have income; Thanks to this, Wowloans makes sure that we will be able to cope with the return.
  • Registration: In addition to all the above, you will have to register on the web.

Unlike what other banks ask you, even other entities specialized in fast loans , the requirements are quite easy to obtain. All this speeds up the process of granting or rejecting the application.

How to request a loan in Wowloans? Step by Step

One of the great advantages of requesting a loan at Wowloans is that the entire process can be completed in just 3 steps:

  • Space creation: The first thing we need to do is create our own custom space. To do this, you will have to fill in the form that will appear at the moment in which in the simulator we have indicated the amount of money we are looking for and the return time. In this form you will only have to enter our personal data, ID and telephone number.

In any case, it won't take more than a few minutes to do it.

Make sure to validate the account with the message that will arrive on your mobile phone.

  • Payment method : Indicate the way to receive the payment / pay it that best suits your needs. Wowloans collaborates with many partners to facilitate the payment process.
  • Contract: Finally, you will have to sign the contract to obtain the loan online. Do not sign it without first analyzing all the conditions, to avoid being surprised when you have to pay.


When you are done, you will receive a confirmation code again via SMS on your phone. If you enter the code on the web platform, the contract will be signed automatically.

How is the loan repaid at Wowloans?

When we request the fast loan in any entity, it is crucial to make sure that we are going to be able to repay it within the stipulated period. In the case of not being able to do so, we can entail very high commissions, reaching a point where it can be a ruin.

Wowloans offers us different formulas to deal with the return of the payment. We can complete this process in a few simple steps.

All you have to do is enter your main account, enter the operation you want to carry out, add your bank card details (*) and wait for the payment to arrive.

(*) In addition to the return method by card, we also have these formulas:

Formulas to repay a loan in Wowloans

  • By credit or debit card: The only thing we will need is to have the card number, with the expiration date of the card, as well as the secure verification code (CVC). Depending on how we have configured the system, it is possible that a message will reach us on the mobile to complete the payment.
  • Bank transfer: We can make a bank transfer. By choosing this form of payment, the account number in which we have to make the deposit will appear, as well as other data such as the concept that we must put in the account, the exact amount of money, etc.
  • Cash payment: We can also make the payment in cash. For this, we will have no choice but to go to the office of the banks with which Wowloans works. We must print the payment order from the entity's page. We take this paper to the bank and we will proceed with the payment.

The bank will put a stamp on the paper so that it has legal validity (that is, if we had to claim, it would be a perfectly valid document).

  • Through Trustly: Finally, we also have the possibility of making the payment through Trustly . We will simply choose this alternative among the options, enter the total amount to pay, select the correct bank from among all those that appear to us, add the deposit amount and account information and confirm the payment.

Interests of the fast credits of Wowloans.es

Before requesting any mini-credit, you will have to study the commissions and interests associated with them. The interest rates that Wowloans will charge us will depend on the amount of money that we have requested, as well as the return time.

For example, if we ask for € 350 with a return period of 12 days , the amount of money to be returned will be € 506 ; In other words, we will have paid a total cost of € 156 for the service.

Another example: if we ask for the maximum amount that the entity allows us to access, of € 1000 , within the maximum allowable return period ( 21 days ), we will have to return € 1200 , with the cost of the service being € 200 .

Advantages and disadvantages of betting on Wowloans


  • Speed: As we have already seen, the form has a minimum number of fields to fill in, so in a matter of minutes we can have everything ready. In addition, as we have already mentioned, this type of fast money is managed in an automated way, through bots . This means that the application will be approved quickly. If we do not meet the requirements, we will at least have enough time to look for a new alternative.
  • Availability: The service is available 24 hours a day, 365 days a year. How is an automated system, it will not matter when an emergency presents itself and we need urgent money . We can do the process both day and night, obtaining results at any time.
  • Minimum amount of requirements: In addition, it will not be necessary to provide a large amount of documentation, nor to present endorsements, guarantees, or any other type of information. The great advantage of betting on Wowloans fast credits is that this entity completely trusts customers, so it will not ask for additional guarantees.
  • Without giving explanations: Unlike other related entities, with Wowloans we will not have to indicate the reason why we want the money.
  • Real-time process : The process occurs in real time, but without having to face the endless queues of banks or related entities.

Some inconvenience?

Although the interests are a bit high, they are much lower than other entities also specialized in fast loans.

As long as we meet the return deadlines, we shouldn't have any problems.

Wowloans reviews

Analyzing the opinions of Wowloans we discovered that it is a fairly well valued entity, with a score of almost 5 out of 5 stars. Except for some other complaint (usually caused by not having faced the return on time), there is no problem.

Is it worth betting on Wowloans?

Wowloans offers you fast loans in no time. If you need immediate money, no questions asked, you can opt for this option.

Wowloans Summary

Summary: Do you need money for an urgent need? Wowloans offers you your first mini-credit of up to € 1000 in 4 minutes and without additional documentation. Come in and see for yourself!

Score 4.5 star rating