Instant Loans

        Instant Loans

Instant Loans

If this will be your first instant loan application, here is all you need to know about this facility.

R5 400
Loan amount R300 - R5 400
Interest 1 %
Maturity 4 - 35 days

Fast information

Properties of this loan

  • Online loans up to R5.400
  • Term 4 - 35 days

Loan terms

  • Have and Identity Document of the Republic of South Africa
  • Be over 18 years old
  • Have a South African bank account and access to the internet

About company

More information about the company Lime Loans South Africa Proprietary Limited

Borrow from R300 with interest from the 1 % Get a loan
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 terms

  • 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 % Get a loan
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 terms

  • 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 % Get a loan
R4 000
Loan amount R100 - R4 000
Interest 24,31 %
Maturity 2 - 36 days

Fast information

Properties of this loan

  • Online loans up to R4.000
  • Term 2 - 36 days

Loan terms

  • Phone number
  • E-mail
  • ID number

About company

More information about the company Boodle (Pty) Ltd.

Borrow from R100 with interest from the 24,31 % Get a loan
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 terms

  • 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 % Get a loan
R300 000
Loan amount R500 - R300 000
Interest 10,25 %
Maturity 12 - 72 months

Fast information

Properties of this loan

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

Loan terms

  • 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 % Get a loan
R200 000
Loan amount R2 000 - R200 000
Interest 27,5 %
Maturity 1 - 84 months

Fast information

Properties of this loan

  • Online loans up to R200.000
  • Term 1 - 84 months

Loan terms

  • You need to be at least 18 years old
  • You need to be earning at least R2 500 per month
  • The term of your loan must end before you turn 60 years of age

About company

More information about the company Old Mutual Finance (RF) (Pty) Ltd

Borrow from R2 000 with interest from the 27,5 % Get a loan
R5 000
Loan amount R500 - R5 000
Interest 5 %
Maturity 1 - 31 days

Fast information

Properties of this loan

  • Online loans up to R5.000
  • Term 1 - 31 days

Loan terms

  • Presence of client ID
  • Current account number in an African bank
  • Mobile phone number of one of the SA operators
  • Minimum application criteria
  • Employment document for debt cash

About company

More information about the company MPOWA Finance (Pty) Ltd.

Borrow from R500 with interest from the 5 % Get a loan
R200 000
Loan amount R10 000 - R200 000
Interest 2 %
Maturity 1 - 10 years

Fast information

Properties of this loan

  • Online loans up to R200.000
  • Term 1 - 10 years
  • Easy online application

Loan terms

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

About company

More information about the company EC Loans

Borrow from R10 000 with interest from the 2 % Get a loan

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 terms

  • 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 % Get a loan
R200 000
Loan amount R5 000 - R200 000
Interest 21,9 %
Maturity 2 - 6 years

Fast information

Properties of this loan

  • Online loans up to R200.000
  • Term 2 - 6 years
  • Easy online application

Loan terms

  • A copy of your green barcoded ID book or Smart ID card
  • Your last 3 months’ consecutive payslips or bank statements
  • Your bank account details (account into which your salary is paid)

About company

More information about the company Sanlam Group

Borrow from R5 000 with interest from the 21,9 % Get a loan
R150 000
Loan amount R1 000 - R150 000
Interest 34,9 %
Maturity 3 - 72 months

Fast information

Properties of this loan

  • Online loans up to R150.000
  • Term 3 - 72 months
  • Fast online application

Loan terms

  • SA citizen
  • +18 years old
  • Be employed

About company

More information about the company Save Money SA

Borrow from R1 000 with interest from the 34,9 % Get a loan
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 terms

  • 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 % Get a loan
R75 000
Loan amount R2 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 terms

  • Be 18 years of age or older
  • Have a valid South African ID
  • Earn at least R2,000 per month
  • Latest 3 payslips or the last three months' bank statements
  • Have a bank account in your name

About company

More information about the company Woolworths Financial Services (Pty) Ltd

Borrow from R2 000 with interest from the 10 % Get a loan
R150 000
Loan amount R1 500 - R150 000
Interest 12,25 %
Maturity 12 - 60 months

Fast information

Properties of this loan

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

Loan terms

  • South African ID
  • Be over 18 years of age
  • Earn an income of R3 000 p/m or more
  • Have a bank account
  • Have a cell phone number

About company

More information about the company Total Finance

Borrow from R1 500 with interest from the 12,25 % Get a loan

        Instant Loans

A medical emergency, an urgent home improvement project, or a sudden car break down… A lot could go wrong when you least expect it. Such is life. Now imagine these events occurring when you barely have enough money to get you over to the next payday. Yes, applying for a loan is an option, but with credit checks, employment status verification and so on, most loans will take time. Your best option in such situations? You guessed it. An instant loan.

What Is an Instant Loan?

Traditional loans may take days to weeks to go through. With an instant cash loan, your loan is processed and approved within 48 hours.

Benefits of Instant Loans

Instant loans have several advantages. Here are the main ones.

They are fast

The major benefits of an instant loan is the timeline. When in a pressing situation, your primary concern is how quickly you can get the cash. While these loans are unlikely to be disbursed within an hour, their timelines are much more favorable as compared to conventional bank loans.

They have an easy application process

Instant online loans, are extremely convenient. Their main requirement is being a South African citizen of a legal age. Different lenders also set a minimum monthly income. You will fill a simple application form online and submit it. The financier will then verify what you have sent before approving your loan. Once it’s approved, the lender will send you an offer via email. If you accept the loan terms, then your funds are disbursed to your account immediately.

Keep in mind: the offer you sign is abinding document. Therefore, ensure to read and understand its contents before submission.

Repayment terms

Most short term loans, for example pawnshop lawns and payday loans offer extremely short repayment terms. With instant loans, the typical payment schedule is 1 to 6 months. Depending on your financial position, you are able to pick a favorable time frame. Most lender platforms will also provide an instant loans calculator. Use this calculator to help you combine a loan amount with manageable repayment installments.

Convenientoperating hours

You can apply for an instant loan at any time-day or night. Online lenders are not limited to traditional banking hours. This allows you to make your application at a time most convenient for you.

The borrower has control

An instant loan financier does not require information on how you intend to use your funds. Business loans, mortgages and auto loans restrict funds to a specific use. With an instant loan however, you can use your funds to do anything you like.

Moving Forward…

Borrowing instant cash loans from time to time can get expensive. In time, strive to develop a saving culture where you start a savings account to bail you out on rainy days. It might be hard at first, but you will find that watching your money grow will incentivize you to keep going.


Instant Loans rating: 4.5/5 from 20 votes.

Articles

Operator

Loan comparator Coolfinance.co.za:
Lemony trade s.r.o.
Prague, VAT: CZ29043026
The company is not the provider of any financial product.

About portal

Coolfinance.co.za is loan comparison site. We are building on the transparency and completeness of information. With our services, you will know which loan to choose.

Contact form

Do you have a question? Contact us and we will try to answer soon.