MoneyShop – loan application
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Notice: This service is no longer available
MoneyShop no longer appears to be operating in South Africa. The website does not respond and we recommend comparing alternative NCR-registered lenders below.
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Screenshot of https://www.moneyshop.co.za, operated by: Olico, used under legitimate licence.
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MoneyShop – repayment table
Estimated monthly repayments at 27.50% monthly interest. Actual terms confirmed upon approval.
| Amount \ Term | 12 months | 18 months | 24 months |
|---|---|---|---|
| R100,000 | R35,833 | R33,056 | R31,667 |
| R200,000 | R71,667 | R66,111 | R63,333 |
Representative example
Loan amount
R130,000
Repayment term
12 months
Monthly interest
27.50%
Monthly repayment
R46,583
Total interest costs
R429,000
Total amount payable
R559,000
* Example is for illustration only. Actual terms are confirmed upon loan approval.
Quick overview
Loan amount
R10K – R250K
Term
12 – 72 months
Interest from
27.50%
Approval
24 hours
Age
24 hours
Online application
Yes
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
Loan features
- Online loans up to R200.000
- Term 12 - 72 months