Cobol – online loan South Africa
Online loans up to R5.000
Amount
R1K – R5K
Interest from
3.00%
Term
1 – 6 months
Approval
15 minutes
⚠️
Cobol no longer appears to be operating in South Africa. The website does not respond and we recommend comparing alternative NCR-registered lenders below.
Screenshot of https://cobol.co.za/
How to apply for Cobol loan
- Qualify
- Apply
- Get paid
Quick overview
- Amount, R1.000 - R5.000
- Term, 1 - 6 months
- Age: 18 - 65 years
Loan example
| Amount | Fee | Total payment | Term |
|---|---|---|---|
| R3.000 | R1.189.78 | R4.189.78 | 6 months |
Is Cobol still giving out loans in 2026?
No. Cobol's website (cobol.co.za) does not currently respond, and the company does not appear to be accepting new loan applications in South Africa. We keep this review online for reference, but recommend comparing an active, NCR-registered payday loan or short-term loan provider instead.
Loan example
Loan amount R3.000, repayment term 6 months, monthly repayment 696.07, total repayment R4 189.78, initiation fee R416.1, monthly fee R68.4, interest 3%, APR 124%.
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
Loan features
- Online loans up to R5.000
- Term 1 - 6 months
- Same-day cash
Frequently asked questions about Cobol
As of 2026, Cobol's website does not respond and the lender does not appear to be accepting new applications. We recommend comparing active, NCR-registered alternatives on this site.
We could not confirm an official reason for the closure. If you have an existing Cobol loan, contact the company directly using the phone number and email on this page, or seek advice from the National Credit Regulator (NCR) if you cannot reach them.