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13 questions from our users

Sharnee-Rae S.

Sharnee-Rae S.asked

I accepted my contract 9.30pm thursdsy AEST.
waited until next business day to expect funds. No luck, was advised to wait u p to 48 hours "lilely to show up on Sunday"
After no joy this morning, ive contacted them and they assure me the funds have been sent, I again contacted my bank. They advised to ask w. Wizard to trace the transaction...
Has anyone experianced a similar circumstance ?? When am I going to recieve the funds ?



Wallet wizard bank with westpac and is being or has been sent to ING. Please help

2 answers
sarah
sarah

We also on Thursday were approved, assured funds were sent.... It's now Tuesday and still nothing in Ing account, bank also advised to get wallet wizard to track!

Peter T.
Peter T.

It will be the bank. Not them


ellen buss

ellen bussasked

How come you never answer your complaints



3 answers
george
george

They do if you call them or via their web site under contact us.

ellen buss
ellen buss

well I beg to differ any ways I wouldn't bother I have read all the reviews not good I think I will run

micheal
micheal

I have never had a problem with them not answering complaints i have put in quite a few & always got an answer within 2 days of lodging the complaint. i contacted them via their web site


Kirsty R.

Kirsty R.asked

How do you make a manual payment on wizard wallet loan? I want to pay more than the minimum monthly payment



1 answer
Bradley98
Bradley98

BPay through your bank


Bammm

Bammmasked

So we got accepted for $600 and they say they are open Saturday’s 8-4.30pm but when we call they say we haven’t called in the business times. Does anyone know if we will get the money today or Monday??? We kind of need it today

2 answers
george
george

Monday if you are lucky they don't do transactions on weekends

micheal
micheal

Why would you even consider getting a loan from them in the 1st place?


Sam M

Sam Masked

HI,
is there anyone on here who either applied or knows someone that applied for more than $1000 and actually was approved?
I applied almost a week ago and nothing, I am probably just going to get one of those oops, sorry, you don't qualify emails in a week or two.

4 answers
Beck
Beck

I'm not sure I was approved for $500 I applyed on Sunday 30/12/18 of last week and only got money in bank on Monday 7/1/19 they said because of the Xmas and new year only had couple open days and is taking bit longer then normal I would just give them a ring and they should b happy to let u know what is happening

hawkeye
hawkeye

wallet wizard are owned by debt collection company Credit corp check out the negative reviews on Credit corp then decide not to borrow anything from them they are biggest money hungry sharks if you are just $5.00 behind they will harass you every day with a barrage of phone calls & text messages then try to get a court judgement to make you pay back the whole loan. Be very very careful dealing with them

micheal
micheal

Do Not get a loan thru wallet wizard they will destroy your credit rating if you are a day late with a payment, they will start legal action without you even knowing it. the five star reviews are written by them trying to make themselves look good be careful


Debra Smith

Debra Smithasked

Did I get my loan

No answers

CWW

CWWasked

What is the interest rate?

2 answers
James.
James.

I really don't. Sorry. You'll have to ask Wallet Wizard. And probably depends on how you want to borrow.

Jessica
Jessica

I think it is around 47 or 48%


Jennifer

Jenniferasked

If I pay the fortnightly installments is it any extra?

1 answer
James.
James.

No. Mines not. And I've had 2 loans with Wallet Wizard. Yet my second loan repayment is higher than my first loan repayment.


Mick

Mickasked

What’s repayments on $5000 a week and what’s the interest rate?

1 answer
Dakram
Dakram

Interest rate is always 47.8%. This is only applied to the amount owing on the loan. You will have a principle repayment based on the term of the loan- eg. $5000 loan over 10 months, will be around $500/month. Then you will pay 47.8% interest on top of this, for the amount owing. So your first payment will be $500 principle, plus $199 interest = $699 repayment. Your second monthly payment will be $500 principle, plus $179 interest = $679 repayment.

Interest is worked out using this equation:
Loan amount remaining multiplied by the interest rate as a decimal, then all divided by 12.

Eg.
Month 1 interest repayment: $5000 x 0.478 /12 = $199

Month 2 interest repayment: $4500 x 0.478 /12 = $179

This explanation does not include any other fees or charges. It only covers principle and interest repayments.


Mike

Mikeasked

Hi has anyone gotten a loan with bad credit from wallet wizard? And how did it go ?

1 answer
thomas p
thomas p

Don't get any type of loan through these sharks, they prey on desperate people They are owned by Credit Corp a credit collection company if you ever get behind by just one payment they will take you to the cleaners


Jules

Julesasked

I am a housewife can I apply for a loan still?

1 answer
brian
brian

Going by a high majority of these reviews - I would highly recommend not to bother with this loans company tagged as, wallet wizard


Tazz Carey

Tazz Careyasked

How much do u have to pay back a month?

1 answer
Diddles
Diddles

Hi there im paying back 98.00 on a two thousand dollar loan.The best part once you repay 500 you can redraw the 500 out ahain if needed.


faye l

faye lasked

how do I apply for a loan please

1 answer
brian
brian

Going by these reviews - I would highly recommend not to bother with this company, wallet wizard


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