MoneyShop – loan application

5.0 / 5  (412 reviews)
Maximum amount R250,000
Interest from 27.50%
Term 12 – 72 months
Your money in 24 hours
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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.

We recommend choosing one of the active lenders: Compare loans →

Screenshot of https://www.moneyshop.co.za, operated by: Olico, used under legitimate licence.

MoneyShop screenshot

Contact

Company Olico
Address 38 Dover St, Ferndale, Randburg, 2194

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