Loans Cape Town

        Loans Cape Town

Given the twists and turns of life, it is not unusual to find yourself seeking for a quick loan. Sometimes, money does not always come in as expected. You could be faced with a gaping emergency, your payday is weeks away, and your pockets are completely drained. When you find yourself caught up in such a situation, a quick, affordable loan get you by until your next payday.

R50 000
Loan amount R1 000 - R50 000
Interest 79 %
Maturity 6 - 24 months

Fast information

Properties of this loan

  • Online loans up to R50.000
  • Term 6 - 24 months

Loan requirements

  • A valid SA ID
  • 3 latest payslips or 3 latest bank statements
  • Must be permanently employed and earning a monthly salary
  • A valid cell phone number
  • A valid SA bank account
  • Must be 18 years or older

About company

More information about the company Capfin SA (Pty) Ltd

Borrow from R1 000 with interest from the 79 % Moread
R5 000
Loan amount R1 000 - R5 000
Interest 3 %
Maturity 6 months

Fast information

Properties of this loan

  • Online loans up to R5.000
  • Term 6 months
  • Easy application

Loan requirements

  • Latest payslip and 3 months bank statements
  • Or last 3 payslips

About company

More information about the company Dunami Direct (PTY) Ltd

Borrow from R1 000 with interest from the 3 % Moread
R250 000
Loan amount R1 000 - R250 000
Interest 27,75 %
Maturity 12 - 60 months

Fast information

Properties of this loan

  • Online loans up to R250.000
  • Term 12 - 60 months
  • First loan strictly for women

Loan requirements

  • Be 18 years or older
  • Have a valid SA ID or Drivers License
  • Have a bank account
  • Be employed and earn R2 000 or more per month
  • You will be required to provide proof of income documentation

About company

More information about the company First for Women Insurance Company Limited

Borrow from R1 000 with interest from the 27,75 % Moread
R250 000
Loan amount R10 000 - R250 000
Interest 12,9 %
Maturity 1 - 84 months

Fast information

Properties of this loan

  • Online loans up to R250.000
  • Term 1 - 84 months
  • Easy online application

Loan requirements

  • Original identification document (must be 18 years or older). If your name and/or surname differs from your identification document, a marriage certificate, divorce court order or name
  • change letter will be required
  • Latest salary slip
  • Any original bank statement showing your latest 3 consecutive salary deposits into an account in your name (an over-the-counter bank statement must be stamped)

About company

More information about the company Capitec Bank Ltd.

Borrow from R10 000 with interest from the 12,9 % Moread

        Loans Cape Town

Loans Cape Town: Apply for Quick, Affordable Loans with Less Hassle

If it comes to that, one of your options is to go for a loan, which can be a personal loan or a payday loan.

Quick loans Cape Town

If you reside in Cape Town, and you are in need of a quick, short term loan, you can check with several loan providers. A report shows that South Africa has over 40,000 private loan providers. You will not have a hard time if you need a quick loan in Cape Town.

You could choose to go with short-term loans, which have a reduced repayment period.  These loans are known as Payday loans.

Alternatively, you can go for personal loans, which have a longer repayment period compared to short-term loans.

What do you need to get a loan in Cape Town?   

A personal loan or payday loan falls in the category of unsecured loans.  Unlike traditional banks where you must provide collateral and even have a cosigner; unsecured loans only require that you have a form of incoming salary.  Unsecured loans in Cape Town are not any different.  You need the following to apply for unsecured loans in Cape Town:

How much can you get?

The amount you can get will depend on the type of loan. Usually, if you go for a personal loan, you can borrow between R1000 and R250000, depending on the lender you choose.

For short-terms, loans and payday loans, the limit can fall around R4000, although some lenders can allow you to borrow more if you have reputable lending history; up to R8000. Often, the higher the loan, the higher the interest rates payable. Also, with high amounts, the terms and conditions could strict.

What is the repayment period of the loan?

It depends on the specific type of loan. If you choose a personal loan, you can get a repayment period ranging from 24 to 72 months.  Short-term loans have repayment period of around six months while payday loans have a maximum repayment period of one month.

What’s the interest rate like?

The type of loan you pick determines how much you will pay in interest rates. For a personal loan, you could pay an interest rate ranging from 15% to 30%.

For a short-term loans and payday loans, the interest rate  

Apply for a loan in Cape Town Today

Apply for a quick, affordable loan from us.  Our loans come with favorable terms and conditions, and a flexible repayment period.


Loans Cape Town rating: 4.5/5 from 802 votes.
Lincoln Ndirangu Lincoln Ndirangu(LinkedIn)
Lincoln Ndirangu is a professional freelance web copywriter based in Nairobi, Kenya. For over 7 years, writing for the web and engaging the online audience has been primary focus and passion.More information...

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