Mayday Loans – online loan South Africa
Online loans up to R200.000
Amount
R100 – R200K
Interest from
10.00%
Term
1 – 60 months
Approval
15 minutes
⚠️
Mayday Loans 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://www.maydayloans.co.za/
How to apply for Mayday Loans loan
- Complete online process
- Review your loan offer
- Accept and get funds
Quick overview
- Amount, R100 - R200.000
- Term, 1 - 60 months
- Age: 18 + years
Loan example
| Amount | Fee | Total payment | Term |
|---|---|---|---|
| R1.000 | R399.610 | R1.399.610 | 3 months |
| R2.000 | 639.85 | R2.639.85 | 4 months |
| R3.000 | R1.007.99 | R4.007.99 | 6 months |
Loan example
If you will get the loan of R500 with the term of 3 months, your totally payment would be R1.399.610. The fee is R399.610.
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
Loan features
- Online loans up to R200.000
- Term 1 - 60 months
- Fast online application
Frequently asked questions
15 minutes after submitting your application.
The minimum amount at Mayday Loans is R100.