Personal Loans

        Personal Loans

As the Economy becomes sluggish, and the average SA consumer plunders into more debt, it is not unusual to find yourself seeking for an unsecured loan to make ends meet. A personal loan is an unsecured loan provided by a lender to an individual. It is an unsecured loan in the sense that you are not required to provide security for the loan assurance.

R8 000
Loan amount R500 - R8 000
Interest 27 %
Maturity 1 - 3 months

Fast information

Properties of this loan

  • Online loans up to R8.000
  • Term 1 - 3 months
  • Fast application

Loan requirements

  • You need to be a South African citizen and above 18 years of age
  • You also need to be employed and have a valid bank account

About company

More information about the company FASTA (Pty) Ltd.

Borrow from R500 with interest from the 27 % Moread
R300 000
Loan amount R500 - R300 000
Interest 10,25 %
Maturity 12 - 72 months

Fast information

Properties of this loan

  • Personal loans up to R300.000
  • Term 12 - 72 months

Loan requirements

  • SA ID number
  • Proof of residence not older than 3 months
  • 1 month's payslip
  • Last 3 months’ bank statements, if you don't bank with us

About company

More information about the company Standard Bank

Borrow from R500 with interest from the 10,25 % Moread
R4 000
Loan amount R500 - R4 000
Interest 18,6 %
Maturity 4 days - 6 months

Fast information

Properties of this loan

  • Online loans up to R4.000
  • Term 4 days - 6 months

Loan requirements

  • A cellphone number
  • SA ID number
  • Bank account details
  • Most recent proof of income

About company

More information about the company Wonga Finance SA (Pty) Ltd.

Borrow from R500 with interest from the 18,6 % Moread
R250 000
Loan amount R2 000 - R250 000
Interest 27,5 %
Maturity 6 - 72 months

Fast information

Properties of this loan

  • Online loans up to R250.000
  • Term 6 - 72 months
  • Fast online application

Loan requirements

  • You must be employed under a permanent or fixed-term contract and not self-employed
  • You must earn at least R3 500 per month, paid electronically into your bank account
  • Your valid barcoded South African identity document or smart card ID
  • Your most recent payslip(s) for one month or your letter of employment if you are a contract worker
  • Your stamped bank statements for the last 3 months (reflecting your salary). If you bank with Nedbank, ABSA or Standard Bank, we will be able to arrange this on your behalf
  • Your proof of residence (not older than three months), such as a utility bill or any statement of account that has your name and physical address on it

About company

More information about the company Nedbank Ltd

Borrow from R2 000 with interest from the 27,5 % Moread
R250 000
Loan amount R1 000 - R250 000
Interest 20 %
Maturity 6 - 84 months

Fast information

Properties of this loan

  • Online loans up to R250.000
  • Term 6 - 84 months

Loan requirements

  • A copy of your I.D.
  • Your most recent monthly bank statements
  • A copy of your most recent pay slip
  • Proof of residence (not more than three months old)

About company

More information about the company Bayport Financial Services 2010 (Pty) Ltd.

Borrow from R1 000 with interest from the 20 % Moread
R250 000
Loan amount R1 000 - R250 000
Interest 27,75 %
Maturity 12 - 60 months

Fast information

Properties of this loan

  • Online loans up to R250.000
  • Term 12 - 60 months

Loan requirements

  • Be 18 years or older
  • Have a valid SA ID or Drivers License
  • Be employed and earn R2 000 or more per month
  • You will be required to provide proof of income documentation

About company

More information about the company RCS

Borrow from R1 000 with interest from the 27,75 % Moread
R250 000
Loan amount R0 - R250 000
Interest 27,75 %
Maturity 12 - 60 months

Fast information

Properties of this loan

  • Online loans up to R250.000
  • Term 12 - 60 months
  • Cash in your account within 24 hours

Loan requirements

  • Be 18 years or older
  • Have a valid SA ID or Drivers License
  • Have a bank account
  • Be employed and earn R2 000 or more per month
  • You will be required to provide proof of income documentation

About company

More information about the company Dial Direct Insurance Ltd

Borrow from R0 with interest from the 27,75 % Moread
R250 000
Loan amount R1 000 - R250 000
Interest 15 %
Maturity 12 - 60 months

Fast information

Properties of this loan

  • Online loans up to R250.000
  • Term 12 - 60 months
  • Cash in your account within 24 hours

Loan requirements

  • Be 18 years or older
  • Have a valid SA ID or Drivers License
  • Have a bank account
  • Be employed and earn R2 000 or more per month
  • You will be required to provide proof of income documentation

About company

More information about the company Budget Insurance Company Ltd.

Borrow from R1 000 with interest from the 15 % Moread
R250 000
Loan amount R10 000 - R250 000
Interest 15 %
Maturity 7 - 72 months

Fast information

Properties of this loan

  • Online loans up to R250.000
  • Term 7 - 72 months
  • Cash in your account within 24 hours

Loan requirements

  • Most recent proof of income, reflecting 3 salary deposits
  • You must be over 18 to apply for a Loan
  • Proof of residence not older than 3 months
  • Latest bank statement, reflecting 3 salary deposits

About company

More information about the company African Bank Limited

Borrow from R10 000 with interest from the 15 % Moread
R4 000
Loan amount R500 - R4 000
Interest 0,16 %
Maturity 7 - 56 days

Fast information

Properties of this loan

  • Online loans up to R4.000
  • Term 7 - 56 days

Loan requirements

  • The borrower’s age should be in the range of 18 to 65 years
  • Users must pass a credit check
  • Requires a current email address
  • Provision of current contact number (for SMS) and bank details
  • Recent pay slips and Proof of address via document

About company

More information about the company GetBucks (Pty) Ltd

Borrow from R500 with interest from the 0,16 % Moread
R50 000
Loan amount R1 000 - R50 000
Interest 79 %
Maturity 6 - 24 months

Fast information

Properties of this loan

  • Online loans up to R50.000
  • Term 6 - 24 months

Loan requirements

  • A valid SA ID
  • 3 latest payslips or 3 latest bank statements
  • Must be permanently employed and earning a monthly salary
  • A valid cell phone number
  • A valid SA bank account
  • Must be 18 years or older

About company

More information about the company Capfin SA (Pty) Ltd

Borrow from R1 000 with interest from the 79 % Moread
R5 000
Loan amount R1 000 - R5 000
Interest 3 %
Maturity 6 months

Fast information

Properties of this loan

  • Online loans up to R5.000
  • Term 6 months
  • Easy application

Loan requirements

  • Latest payslip and 3 months bank statements
  • Or last 3 payslips

About company

More information about the company Dunami Direct (PTY) Ltd

Borrow from R1 000 with interest from the 3 % Moread
R2 500
Loan amount R100 - R2 500
Interest 17,96 %
Maturity 10 - 30 days

Fast information

Properties of this loan

  • Online loans up to R2.500
  • Term 10 - 30 days
  • Easy application

Loan requirements

  • Age – 18 Years or Above
  • South African Citizen
  • Must have a Bank Account
  • Have a Permanent Employment

About company

More information about the company EasyPayday.co.za

Borrow from R100 with interest from the 17,96 % Moread
R150 000
Loan amount R1 000 - R150 000
Interest 10 %
Maturity 6 - 60 months

Fast information

Properties of this loan

  • Professional financial advice and tips to improve your score
  • Complimentary loan assist service of up to R150,000 cash

Loan requirements

  • Be 18 years or older
  • Have a valid SA ID or Drivers License
  • Have a bank account

About company

More information about the company Credit Gain Services (Pty)

Borrow from R1 000 with interest from the 10 % Moread
R4 700
Loan amount R500 - R4 700
Interest 38 %
Maturity 7 - 35 days

Fast information

Properties of this loan

  • Online loans up to R4.700
  • Term 7 - 35 days
  • Easy online application

Loan requirements

  • You need to be a South African citizen and above 18 years of age
  • You also need to be employed and have a valid bank account

About company

More information about the company Finance27

Borrow from R500 with interest from the 38 % Moread
R50 000
Loan amount R5 000 - R50 000
Interest 6,3 %
Maturity 7 - 36 months

Fast information

Properties of this loan

  • Online loans up to R50.000
  • Term 7 - 36 months
  • Easy online application

Loan requirements

  • Have a South African ID Number
  • Be between 22 and 60 years old
  • Be employed full time
  • Have a personal bank account in your name
  • Have an email address and cell number

About company

More information about the company Izwe Loans (Pty) Ltd

Borrow from R5 000 with interest from the 6,3 % Moread
R350 000
Loan amount R250 - R350 000
Interest 15 %
Maturity 1 day - 84 months

Fast information

Properties of this loan

  • Online loans up to R350.000
  • Term 1 day - 84 months

Loan requirements

  • To earn a regular monthly income of at least R2 000 per month
  • To have a cheque account into which your monthly income is paid
  • To be 18 years or older

About company

More information about the company Absa Bank Ltd.

Borrow from R250 with interest from the 15 % Moread

Udu

Udu  4
R150 000
Loan amount R4 000 - R150 000
Interest 41,94 %
Maturity 12 - 60 months

Fast information

Properties of this loan

  • Online loans up to R150.000
  • Term 12 - 60 months

Loan requirements

  • Your ID documents
  • Proof of residence

About company

More information about the company Transaction Capital Recoveries (Pty) Ltd

Borrow from R4 000 with interest from the 41,94 % Moread
R150 000
Loan amount R2 000 - R150 000
Interest 10 %
Maturity 12 - 60 months

Fast information

Properties of this loan

  • Online loans up to R150.000
  • Term 12 - 60 months

Loan requirements

  • Be older than 18 years
  • Have a South African ID
  • Have a bank account

About company

More information about the company CashLoan

Borrow from R2 000 with interest from the 10 % Moread
R1 000
Loan amount R1 000 - R1 000
Interest 20 %
Maturity 5 - 40 days

Fast information

Properties of this loan

  • Online loans up to R1.000
  • Term 5 - 40 days
  • Easy online application

Loan requirements

  • Be prepared to e-mail a copy of your latest greatest bank statement
  • ID.

About company

More information about the company PaydayLoans 2.0

Borrow from R1 000 with interest from the 20 % Moread
R150 000
Loan amount R100 - R150 000
Interest 34,9 %
Maturity 3 months - 6 years

Fast information

Properties of this loan

  • Online loans up to R150.000
  • Term 3 months - 6 years
  • Easy online application

Loan requirements

  • If you are a South African citizen
  • Over 18 years of age
  • Employed and banked

About company

More information about the company Loans 4 Payday

Borrow from R100 with interest from the 34,9 % Moread
R3 000
Loan amount R500 - R3 000
Interest 3 %
Maturity 4 - 31 days

Fast information

Properties of this loan

  • Online loans up to R3.000
  • Term 4 - 31 days
  • Fast application

Loan requirements

  • Your SA ID number
  • Your bank account
  • Your cell phone number
  • Your latest three (6) payslips
  • Your latest three (6) months bank statements showing your income

About company

More information about the company Westside Cash Connection (Pty) Ltd

Borrow from R500 with interest from the 3 % Moread
R150 000
Loan amount R500 - R150 000
Interest 12 %
Maturity 3 - 60 months

Fast information

Properties of this loan

  • Online loans up to R150.000
  • Term 3 - 60 months

Loan requirements

  • Your latest 3 months bank statements
  • Your most recent payslip(s) for one month
  • Your South African Identity Document
  • Proof of residence for Financial Intelligence Centre Act (FICA)

About company

More information about the company Blue Chip Finance

Borrow from R500 with interest from the 12 % Moread
R50 000
Loan amount R5 000 - R50 000
Interest 63 %
Maturity 7 - 36 months

Fast information

Properties of this loan

  • Online loans up to R50.000
  • Term 7 - 36 months

Loan requirements

  • Have a South African ID Number
  • Be between 22 and 60 years old
  • Be employed full time
  • Have a personal bank account in your name
  • Have an email address and cell number

About company

More information about the company Izwe Loans (Pty) Ltd

Borrow from R5 000 with interest from the 63 % Moread
R200 000
Loan amount R100 - R200 000
Interest 10 %
Maturity 1 - 60 months

Fast information

Properties of this loan

  • Online loans up to R200.000
  • Term 1 - 60 months
  • Fast online application

Loan requirements

  • The minimum age to use our service is 18
  • Must be a current resident of South Africa
  • Need an active South African bank account to allow the money to be transferred to you
  • Have to be a current resident of South Africa
  • You must have an income every month whether it be benefits or a job

About company

More information about the company Mayday Loans

Borrow from R100 with interest from the 10 % Moread
R150 000
Loan amount R5 000 - R150 000
Interest 27,75 %
Maturity 2 - 6 years

Fast information

Properties of this loan

  • Online loans up to R150.000
  • Term 2 - 6 years

Loan requirements

  • A regular monthly income of at least R5 000
  • A clear credit record
  • Your last 3 months' payslips or bank statements
  • A clear copy of your ID document
  • Details of your bank account into which your salary is paid
  • A recent document confirming your residential address

About company

More information about the company FirstRand Bank Ltd.

Borrow from R5 000 with interest from the 27,75 % Moread
R500
Loan amount R100 - R500
Interest 16,5 %
Maturity 1 - 45 days

Fast information

Properties of this loan

  • Online loans up to R500
  • Term 1 - 45 days

Loan requirements

  • You need to be over 18 years of age and less than 65 years old
  • Residing and employed in South Africa
  • With an active RSA bank account, plus your own email address and cell phone
  • Your credit rating will determine if there are any additional requirements
  • We do a quick assessment of your financial ability to repay a loan
  • So the results should give us an assurance of your ability to settle your debt when the time comes

About company

More information about the company Makanda Finance Ltd.

Borrow from R100 with interest from the 16,5 % Moread
R250 000
Loan amount R1 000 - R250 000
Interest 27,75 %
Maturity 12 - 60 months

Fast information

Properties of this loan

  • Online loans up to R250.000
  • Term 12 - 60 months
  • First loan strictly for women

Loan requirements

  • Be 18 years or older
  • Have a valid SA ID or Drivers License
  • Have a bank account
  • Be employed and earn R2 000 or more per month
  • You will be required to provide proof of income documentation

About company

More information about the company First for Women Insurance Company Limited

Borrow from R1 000 with interest from the 27,75 % Moread
R9 000
Loan amount R300 - R9 000
Interest 0 %
Maturity 4 - 65 days

Fast information

Properties of this loan

  • Online loans up to R9.000
  • Term 4 - 65 days

Loan requirements

  • The borrower’s age should be in the range of 18 to 65 years
  • Users must pass a credit check
  • Requires a current email address
  • Provision of current phone number and Debit card
  • Recent pay slips and Proof of address

About company

More information about the company Binixo Corporation

Borrow from R300 with interest from the 0 % Moread
R2 500
Loan amount R100 - R2 500
Interest 36 %
Maturity 30 - 60 days

Fast information

Properties of this loan

  • Online loans up to R2.500
  • Term 30 - 60 days
  • Online application

Loan requirements

  • Age – 18 Years or Above
  • South African Citizen
  • Must have a Bank Account
  • Have a Permanent Employment

About company

More information about the company Fak'Imali Cash Loans Trading as Matotololo Group (Pty) Ltd

Borrow from R100 with interest from the 36 % Moread
R20 000
Loan amount R500 - R20 000
Interest 17 %
Maturity 1 - 90 days

Fast information

Properties of this loan

  • Online loans up to R2.000
  • Term 1 - 90 days
  • Easy online application

Loan requirements

  • Copy of your ID Number
  • Cellphone number
  • Bank account
  • Latest three months bank statements and most recent payslip

About company

More information about the company HMT Loans CC

Borrow from R500 with interest from the 17 % Moread
R150 000
Loan amount R10 000 - R150 000
Interest 10 %
Maturity 2 - 6 years

Fast information

Properties of this loan

  • Online loans up to R150.000
  • Term 2 - 6 years
  • Fast application, instant approval.

Loan requirements

  • A good credit record
  • A regular monthly income of at least R5 000
  • The details of your bank account into which your salary is paid

About company

More information about the company FirstRand Bank Limited

Borrow from R10 000 with interest from the 10 % Moread
R250 000
Loan amount R10 000 - R250 000
Interest 12,9 %
Maturity 1 - 84 months

Fast information

Properties of this loan

  • Online loans up to R250.000
  • Term 1 - 84 months
  • Easy online application

Loan requirements

  • Original identification document (must be 18 years or older). If your name and/or surname differs from your identification document, a marriage certificate, divorce court order or name
  • change letter will be required
  • Latest salary slip
  • Any original bank statement showing your latest 3 consecutive salary deposits into an account in your name (an over-the-counter bank statement must be stamped)

About company

More information about the company Capitec Bank Ltd.

Borrow from R10 000 with interest from the 12,9 % Moread
R150 000
Loan amount R0 - R150 000
Interest 5 %
Maturity 1 - 60 months

Fast information

Properties of this loan

  • Online loans up to R150.000
  • Term 1 - 60 months

Loan requirements

  • You must be between the ages of 18 and more
  • Be the SA resident
  • Your salary must be paid directly into your bank account

About company

More information about the company SA Home Loans (Pty) Ltd.

Borrow from R0 with interest from the 5 % Moread
R250 000
Loan amount R80 000 - R250 000
Interest 12,9 %
Maturity 1 – 84 months

Fast information

Properties of this loan

  • Online loans up to R250.000
  • Term 1 – 84 months
  • Fast online application

Loan requirements

  • The minimum age to use our service is 18
  • Must be a current resident of South Africa
  • Need an active South African bank account to allow the money to be transferred to you
  • Have to be a current resident of South Africa

About company

More information about the company Virgin Money South Africa (Proprietary) Limited

Borrow from R80 000 with interest from the 12,9 % Moread
R350 000
Loan amount R1 000 - R350 000
Interest 15 %
Maturity 12 - 84 months

Fast information

Properties of this loan

  • Debt management up to R350.000
  • Term 1 - 84 months

Loan requirements

  • To earn a regular monthly income of at least R2 000 per month
  • To have a cheque account into which your monthly income is paid
  • To be 18 years or older

About company

More information about the company Absa Bank Ltd.

Borrow from R1 000 with interest from the 15 % Moread
R300 000
Loan amount R500 - R300 000
Interest 5 %
Maturity 1 - 7 years

Fast information

Properties of this loan

  • Online loans up to R300.000
  • Term 1 - 7 years

Loan requirements

About company

More information about the company Loans Finder

Borrow from R500 with interest from the 5 % Moread
R40 000
Loan amount R500 - R40 000
Interest 5 %
Maturity 1 - 24 months

Fast information

Properties of this loan

  • Online loans up to R40.000
  • Term 1 - 24 months

Loan requirements

  • You must be between the ages of 18 and more
  • Be the SA resident
  • Your salary must be paid directly into your bank account

About company

More information about the company HomeChoice (PTY) Ltd

Borrow from R500 with interest from the 5 % Moread
R15 000
Loan amount R1 000 - R15 000
Interest 7 %
Maturity 6 - 18 months

Fast information

Properties of this loan

  • Online loans up to R15.000
  • Term 6 - 18 months

Loan requirements

  • Original SA ID
  • 2 months latest payslips
  • 3 months latest bank statements

About company

More information about the company Bruma Finance (Pty) Ltd

Borrow from R1 000 with interest from the 7 % Moread
R120 000
Loan amount R1 000 - R120 000
Interest 5 %
Maturity 1 - 48 months

Fast information

Properties of this loan

  • Online loans up to R120.000
  • Term 1 - 48 months
  • Fast application

Loan requirements

  • You need to be a South African citizen and above 18 years of age
  • Ability to go to the branch
  • You also need to be employed and have a valid bank account

About company

More information about the company Real People Home Improvement Finance, a division of Opco 365 PTY LTD

Borrow from R1 000 with interest from the 5 % Moread
R100 000
Loan amount R500 - R100 000
Interest 10 %
Maturity 1 - 36 months

Fast information

Properties of this loan

  • Online loans up to R100.000
  • Term 1 - 36 months

Loan requirements

  • Original SA ID
  • 2 months latest payslips
  • 3 months latest bank statements

About company

More information about the company Letsatsi Finance and Loan (Pty) Ltd

Borrow from R500 with interest from the 10 % Moread
R300 000
Loan amount R10 000 - R300 000
Interest 5 %
Maturity 1 - 10 years

Fast information

Properties of this loan

  • Debt Consolidation
  • Simplify your monthly payments

Loan requirements

  • You must be over 18 to apply for a Loan
  • Proof of residence not older than 3 months

About company

More information about the company Debt Rescue

Borrow from R10 000 with interest from the 5 % Moread
R300 000
Loan amount R500 - R300 000
Interest 10 %
Maturity 12 - 72 months

Fast information

Properties of this loan

  • Personal loans up to R300.000
  • Term 12 - 72 months

Loan requirements

  • Copy of your ID Number
  • Cellphone number
  • Bank account

About company

More information about the company Ubank Limited

Borrow from R500 with interest from the 10 % Moread
R10 000
Loan amount R100 - R10 000
Interest 12 %
Maturity 1 - 12 months

Fast information

Properties of this loan

  • Online loans up to R10.000
  • Term 1 - 12 months
  • Quick application

Loan requirements

  • A copy of your I.D.
  • Your most recent monthly bank statements
  • A copy of your most recent pay slip
  • Proof of residence (not more than three months old)

About company

More information about the company Mafori

Borrow from R100 with interest from the 12 % Moread
R10 000 000
Loan amount R70 000 - R10 000 000
Interest 6 %
Maturity 6 - 72 months

Fast information

Properties of this loan

  • Car loans up to R10,000.000
  • Term 6 - 72 months

Loan requirements

  • ID or a certified copy of your ID
  • Three latest pay-slips
  • One month’s bank statement
  • Proof of residential address
  • Affordability assessment

About company

More information about the company Iemas Financial Services (Co-operative) Limited

Borrow from R70 000 with interest from the 6 % Moread
R8 000
Loan amount R100 - R8 000
Interest 0,17 %
Maturity 1 - 6 months

Fast information

Properties of this loan

  • Personal loans up to R8.000
  • Term 1 - 6 months

Loan requirements

  • SA ID number
  • Proof of residence not older than 3 months
  • 1 month's payslip

About company

More information about the company Atlas Finance (Pty) Ltd

Borrow from R100 with interest from the 0,17 % Moread
R250 000
Loan amount R10 000 - R250 000
Interest 27,5 %
Maturity 12 - 72 months

Fast information

Properties of this loan

  • Online loans up to R200.000
  • Term 12 - 72 months

Loan requirements

  • A South African ID
  • A minimum income of R4,000 per month
  • You will also need to pass a credit check
  • You must not be undergoing debt counselling

About company

More information about the company Olico

Borrow from R10 000 with interest from the 27,5 % Moread
R8 000
Loan amount R2 000 - R8 000
Interest 20 %
Maturity 1 - 6 months

Fast information

Properties of this loan

  • Online loans up to R8.000
  • Term 1 - 6 months

Loan requirements

  • A bank statement no older than 3 months
  • Your 3 most recent payslips
  • A copy of your existing loan agreement if you have it

About company

More information about the company Fairmoney (PTY) LTD

Borrow from R2 000 with interest from the 20 % Moread
R75 000
Loan amount R1 000 - R75 000
Interest 10 %
Maturity 12 - 60 months

Fast information

Properties of this loan

  • Online loans up to R75.000
  • Term 12 - 60 months
  • Fast online application

Loan requirements

  • Be 18 years of age or older
  • Have a valid South African ID
  • Latest 3 payslips or the last three months' bank statements
  • Have a bank account in your name

About company

More information about the company Unifi Credit

Borrow from R1 000 with interest from the 10 % Moread
R300 000
Loan amount R500 - R300 000
Interest 10 %
Maturity 1 — 12 months

Fast information

Properties of this loan

  • Online loans up to R300.000
  • Term 1 — 12 months
  • Fast online application

Loan requirements

  • Be 18 years or older
  • Have a valid SA ID or Drivers License
  • You will be required to provide proof of income documentation

About company

More information about the company Just Money (Pty) Ltd

Borrow from R500 with interest from the 10 % Moread
R7 200
Loan amount R800 - R7 200
Interest 30 %
Maturity 61 — 65 days.

Fast information

Properties of this loan

  • Car loans up to R7 200
  • Term 61 — 65 days.

Loan requirements

  • ID or a certified copy of your ID
  • Three latest pay-slips
  • One month’s bank statement
  • Proof of residential address
  • Affordability assessment

About company

More information about the company Finance 27

Borrow from R800 with interest from the 30 % Moread
R8 000
Loan amount R800 - R8 000
Interest 5 %
Maturity 61 — 65 days

Fast information

Properties of this loan

  • Online loans up to R8.000
  • Term 61 - 65 days

Loan requirements

  • ID client number
  • Bank finance details
  • Recent three month bank statement

About company

More information about the company Blink Finance

Borrow from R800 with interest from the 5 % Moread
R50 000
Loan amount R10 000 - R50 000
Interest 27 %
Maturity 12 - 72 months

Fast information

Properties of this loan

  • Online loans up to R50.000
  • Term 12 - 72 months

Loan requirements

  • ID (South African)
  • Over 18 years of age
  • Last 3 receipts of payment
  • Latest bank statements (3)
  • Proof of residence

About company

More information about the company PeerFin (Pty) Ltd.

Borrow from R10 000 with interest from the 27 % Moread
R50 000
Loan amount R500 - R50 000
Interest 10 %
Maturity 1 – 24 months

Fast information

Properties of this loan

  • Online loans up to R50.000
  • Term 1 – 24 months
  • Fast application

Loan requirements

  • Have and Identity Document of the Republic of South Africa
  • Be over 18 years old

About company

More information about the company EKASI BUCKS ECOSYSTEM (Pty) Ltd

Borrow from R500 with interest from the 10 % Moread

        Personal Loans

Depending on your eligibility, a personal loan can range between R2,000 all the way to R150,000. Most people use personal loans for emergencies because they are quick to process and can be granted within 24 hours of application.

Read on to learn more about personal loans.

What You Need When Applying For The Loan

Because personal loans are not secured, you will need to provide additional proof of your financial ability to repay the loan. Hence, if you are applying for a loan from a bank, previous bank statements are an ideal indication of your financial capability. Additionally, if you are employed, your salary slips and proof of current employment are also recommended.

In addition to providing financial proof, you are also required to provide valid identification as well as proof of residential address. For the identification the government issued ID card or a passport will suffice. For proof of residence, you can use any utility bill that has your name on it. Ideally, the bill should also indicate the residential address of where you reside.

Using a Loans Calculator

Due to the numerous personal loan providers available in South Africa, it is advisable for consumers to make use of a loan calculator to determine the best loan options.

A loans calculator allows you to determine how much interest will get levied on the loan. Additionally, it allows you to check how much money you are expected to pay back included the accumulated interest over a given period of time. 

Using loan calculators from different loan providers enables you to compare and contrast different rates so as to get the most suitable personal loan option for you.

Credit History Affects Your Eligibility and Interest Rates

Due to the fact that personal loans have no collateral, lenders have to conduct a back ground check into your credit history.

If you have a bad credit history resulting from defaulted loans or late repayments, then this will appear in your credit history. If your credit history has such red flags then you can expect the lenders to set strict terms on the loan.

For instance, you can expect to pay a higher interest rate on your loan compared to an individual with an impeccable credit history. Additionally, a poor credit history also affects the maximum amount a lender is willing to lend out. Hence, they may opt to lend you less than you applied for.

Finally, if you are blacklisted by a particular lender, this could result in most lenders denying you a personal loan.

Where to Get a Personal Loan?

You can apply for a personal loan by physically visiting a bank or you can opt to apply for the loan online. There are a variety of online loan providers you can apply from provided you meet their loan qualification providers.


Personal Loans rating: 4.5/5 from 20 votes.
Lincoln Ndirangu Lincoln Ndirangu(LinkedIn)
Lincoln Ndirangu is a professional freelance web copywriter based in Nairobi, Kenya. For over 7 years, writing for the web and engaging the online audience has been primary focus and passion.More information...

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