Loans in Johannesburg, Gauteng

        Loans in Johannesburg, Gauteng

Loans in Johannesburg, Gauteng come in multitudes of services. With some loans, getting approved is almost straightforward – while with other loans, getting approved is easier than done.

R250 000
Loan amount R10 000 - R250 000
Interest 15 %
Maturity 7 - 72 months

Fast information

Properties of this loan

  • Online loans up to R250.000
  • Term 7 - 72 months
  • Cash in your account within 24 hours

Loan requirements

  • Most recent proof of income, reflecting 3 salary deposits
  • You must be over 18 to apply for a Loan
  • Proof of residence not older than 3 months
  • Latest bank statement, reflecting 3 salary deposits

About company

More information about the company African Bank Limited

Borrow from R10 000 with interest from the 15 % Moread

FNB

FNB  3
R300 000
Loan amount R1 000 - R300 000
Interest 13 %
Maturity 1 - 60 months

Fast information

Properties of this loan

  • Online loans up to R300.000
  • Term 1 - 60 months

Loan requirements

  • You must be between the ages of 18 and 64
  • Be a permanent SA resident
  • Be permanently employed or self-employed
  • Your salary must be paid directly into your bank account

About company

More information about the company First National Bank

Borrow from R1 000 with interest from the 13 % Moread

RCS

RCS  4
R250 000
Loan amount R2 000 - R250 000
Interest 15 %
Maturity 12 - 60 months

Fast information

Properties of this loan

  • Online loans up to R150.000
  • Term 12 - 60 months
  • Decision in seconds
  • Cash in your account within 24 hours

Loan requirements

  • You must be 18 years old and older
  • You must have a South African ID
  • You must earn a minimum of R2000 a month
  • You must hold a bank account
  • You will be required to provide proof of income documentation

About company

More information about the company RCS Group

Borrow from R2 000 with interest from the 15 % 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
R250 000
Loan amount R3 000 - R250 000
Interest 32 %
Maturity 1 – 36 months

Fast information

Properties of this loan

  • Online loans up to R250.000
  • Term 1 – 36 months

Loan requirements

  • Be 18 years or older
  • Have a valid SA ID or Drivers License
  • You will be required to provide proof of income documentation

About company

More information about the company Elite Small Cash Loans CC

Borrow from R3 000 with interest from the 32 % Moread
R250 000
Loan amount R10 000 - R250 000
Interest 27,5 %
Maturity 12 - 72 months

Fast information

Properties of this loan

  • Online loans up to R200.000
  • Term 12 - 72 months

Loan 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

About company

More information about the company Olico

Borrow from R10 000 with interest from the 27,5 % Moread
R2 500
Loan amount R500 - R2 500
Interest 20 %
Maturity 1 - 3 months

Fast information

Properties of this loan

  • Online loans up to R2.500
  • Term 1 - 3 months

Loan requirements

  • 3 months up to date bank statements
  • Latest payslip
  • ID copy

About company

More information about the company Group X Technology

Borrow from R500 with interest from the 20 % Moread
R50 000
Loan amount R500 - R50 000
Interest 10 %
Maturity 1 – 24 months

Fast information

Properties of this loan

  • Online loans up to R50.000
  • Term 1 – 24 months
  • Fast application

Loan requirements

  • Have and Identity Document of the Republic of South Africa
  • Be over 18 years old

About company

More information about the company EKASI BUCKS ECOSYSTEM (Pty) Ltd

Borrow from R500 with interest from the 10 % Moread
R8 000
Loan amount R0 - R8 000
Interest 3 %
Maturity 1 – 6 months

Fast information

Properties of this loan

  • Online loans up to R8.000
  • Term 1 – 6 months

Loan requirements

  • A bank statement no older than 3 months
  • Your 3 most recent payslips
  • A copy of your existing loan agreement if you have it

About company

More information about the company Sunny Wire Cash Loans Cc

Borrow from R0 with interest from the 3 % Moread

        Loans in Johannesburg, Gauteng

The Rise of Unsecured loans

Hundreds if not thousands of loan services offered in South Africa are Unsecured loans, catering to a large customer base in need of credit to sustain their lifestyles. According to the NCR Consumer Report, unsecured credit has outgrown all other credit forms in South Africa – by over 15% growth.

Unsecured loans don’t require the borrower to guarantee payment of the loan with collateral. As long as you have a stable income source, plus the necessary documents where applicable, finding where to apply for the loan is the harder part.

Type of Unsecured loans in Johannesburg, Gauteng

If you’re in Johannesburg, Gauteng, you can apply for the following types of unsecured loans:

Where to borrow an unsecured loan in Johannesburg, Gauteng

Here are a few places to shop for a payday loan, personal loan or an urgent cash loan:

  1. ABSA Bank – Get a personal loan ranging between R15,000 and R350K. Repayment period varies between 12 months to 84 months.
  2. GSM Financial services – they offer cash loans with repayment of up to 6 months.
  3. Hikona Cash loan – Apply for instant personal loans.
  4. Dumolwakhe Cash loans – They offer both payday loans and cash loans.
  5. Elite small cash loans – Apply for personal loans.
  6. Wen cash loans – Apply for both payday loans and personal loans.
  7. Sunny Wire cash loans – They provide cash loans in form of payday loans or personal loans.
  8. Millenium loan services – Get a personal loan or payday loan starting at 25% interest rates.
  9. Prick & Ach Microfinance – Apply for both payday loans and personal loans.

What you need to qualify for a loan in Johannesburg, Gauteng

Now that you know which kind of loans to apply and where to look for starters, be sure to meet the following requirements:

N/B: the requirements will vary depending on the nature of the loan.

Final Thoughts

With the numerous loan services offered in Johannesburg, Gauteng, narrowing down to one specific lender is the tricky part. You could be interested in a personal loan but then you have bad credit or you have a limited credit profile. In such a case,It’s hard to get a bank to approve you for a loan.

You could find that a payday loan isn’t an alternative because of the costly fees. As you search harder, you could find that your best alternative is to go for peer-to-peer loans. Bottom line is - your loan needs, credit worthiness, and loan affordability are critical factors in determining where you’ll shop for a loan, and type of loan you’ll secure. 


Loans in Johannesburg, Gauteng rating: 4.5/5 from 154 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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