PayDay Loans – loan application

5.0 / 5  (408 reviews)
Maximum amount R3,000
Interest from 15.00%
Term 5 – 35 days
Your money in 24 hours
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Notice: This service is no longer available

PayDay Loans 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 http://pay-day-loans.co.za/, operated by: PayDay Loans (Pty) Ltd., used under legitimate licence.

PayDay Loans screenshot

Contact

Company PayDay Loans (Pty) Ltd.
Address Long St & Riebeek St, Cape Town City Centre, Cape Town, 8000

Representative example

Loan amount R1,750
Repayment term 12 months
Monthly interest 15.00%
Monthly repayment R408
Total interest costs R3,150
Total amount payable R4,900

* Example is for illustration only. Actual terms are confirmed upon loan approval.

Quick overview

Loan amount R500 – R3K
Term 5 – 35 days
Interest from 15.00%
Approval 24 hours
Age 24 hours
Online application Yes

Requirements

  • ✓ A personal bank account, taken out in your own name, active for at least of 3 months
  • ✓ A contactable e-mail address that you have daily access to
  • ✓ A permanent job, where you earn a monthly or weekly salary - NOT fortnightly
  • ✓ Earning a monthly salary of at least R4 000
  • ✓ At least 18 (eighteen) years of age
  • ✓ A South African Citizen
  • ✓ No judgments or defaults

Loan features

  • Online loans up to R3.000
  • Term 5 - 35 days
  • Easy online application