Wonga is an unsecured loan company, offering small unsecured loans of up to £400, usually transferred to the borrowers bank account within a couple of hours. Although they do not class their product as a payday loan, it is exactly the same. The website has a cool feature which allows you to select the number of days that you want to take the loan out for whether it is 1 day or 30 days. The shorter the term of the loan, the lower it costs.