Loans Online

        Loans Online

Loans Online

Imagine a scenario where for one reason or another you are unable to access a bank loan. Maybe you are already servicing a bank loan. Maybe there are no banks accessible to you. Maybe you need a loan urgently and the bank’s loan processing period is too long.

R5 400
Loan amount R300 - R5 400
Interest 1 %
Maturity 4 - 35 days

Fast information

Properties of this loan

  • Online loans up to R5.400
  • Term 4 - 35 days

Loan terms

  • Have and Identity Document of the Republic of South Africa
  • Be over 18 years old
  • Have a South African bank account and access to the internet

About company

More information about the company Lime Loans South Africa Proprietary Limited

Borrow from R300 with interest from the 1 % Get a loan
R3 000
Loan amount R500 - R3 000
Interest 25,8 %
Maturity 5 - 37 days

Fast information

Properties of this loan

  • Online loans up to R3.000
  • Term 5 - 37 days
  • First 5 days interest free

Loan terms

  • Presence of client ID
  • Current account number in an African bank
  • Minimum application criteria

About company

More information about the company Wanna Loan Technology (Pty) Ltd

Borrow from R500 with interest from the 25,8 % Get a loan
R250 000
Loan amount R1 000 - R250 000
Interest 20 %
Maturity 6 - 84 months

Fast information

Properties of this loan

  • Online loans up to R250.000
  • Term 6 - 84 months

Loan terms

  • A copy of your I.D.
  • Your most recent monthly bank statements
  • A copy of your most recent pay slip
  • Proof of residence (not more than three months old)

About company

More information about the company Bayport Financial Services 2010 (Pty) Ltd.

Borrow from R1 000 with interest from the 20 % Get a loan
R4 000
Loan amount R500 - R4 000
Interest 18,6 %
Maturity 4 days - 6 months

Fast information

Properties of this loan

  • Online loans up to R4.000
  • Term 4 days - 6 months

Loan terms

  • A cellphone number
  • SA ID number
  • Bank account details
  • Most recent proof of income

About company

More information about the company Wonga Finance SA (Pty) Ltd.

Borrow from R500 with interest from the 18,6 % Get a loan
R4 000
Loan amount R100 - R4 000
Interest 24,31 %
Maturity 2 - 36 days

Fast information

Properties of this loan

  • Online loans up to R4.000
  • Term 2 - 36 days

Loan terms

  • Phone number
  • E-mail
  • ID number

About company

More information about the company Boodle (Pty) Ltd.

Borrow from R100 with interest from the 24,31 % Get a loan
R250 000
Loan amount R0 - 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
  • Cash in your account within 24 hours

Loan terms

  • 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 Dial Direct Insurance Ltd

Borrow from R0 with interest from the 27,75 % Get a loan
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 terms

  • 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 % Get a loan
R250 000
Loan amount R1 000 - R250 000
Interest 15 %
Maturity 12 - 60 months

Fast information

Properties of this loan

  • Online loans up to R250.000
  • Term 12 - 60 months
  • Cash in your account within 24 hours

Loan terms

  • Be 18 years or older
  • Have a valid SA ID or driver’s 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 1Life Insurance Limited

Borrow from R1 000 with interest from the 15 % Get a loan
R200 000
Loan amount R2 000 - R200 000
Interest 27,5 %
Maturity 1 - 84 months

Fast information

Properties of this loan

  • Online loans up to R200.000
  • Term 1 - 84 months

Loan terms

  • You need to be at least 18 years old
  • You need to be earning at least R2 500 per month
  • The term of your loan must end before you turn 60 years of age

About company

More information about the company Old Mutual Finance (RF) (Pty) Ltd

Borrow from R2 000 with interest from the 27,5 % Get a loan
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 terms

  • 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 % Get a loan
R200 000
Loan amount R5 000 - R200 000
Interest 27,75 %
Maturity 1 - 7 years

Fast information

Properties of this loan

  • Online loans up to R200.000
  • Term 1 - 7 years
  • Quick application

Loan terms

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

About company

More information about the company DirectChoice

Borrow from R5 000 with interest from the 27,75 % Get a loan
R2 500
Loan amount R100 - R2 500
Interest 17,96 %
Maturity 10 - 30 days

Fast information

Properties of this loan

  • Online loans up to R2.500
  • Term 10 - 30 days
  • Easy application

Loan terms

  • Age – 18 Years or Above
  • South African Citizen
  • Must have a Bank Account
  • Have a Permanent Employment

About company

More information about the company EasyPayday.co.za

Borrow from R100 with interest from the 17,96 % Get a loan
R1 500
Loan amount R200 - R1 500
Interest 32,64 %
Maturity 3 - 31 days

Fast information

Properties of this loan

  • Online loans up to R1.500
  • Term 3 - 31 days
  • Easy online application

Loan terms

About company

More information about the company Bruxo Loans (Pty) Ltd

Borrow from R200 with interest from the 32,64 % Get a loan
R4 700
Loan amount R500 - R4 700
Interest 38 %
Maturity 7 - 35 days

Fast information

Properties of this loan

  • Online loans up to R4.700
  • Term 7 - 35 days
  • Easy online application

Loan terms

  • You need to be a South African citizen and above 18 years of age
  • You also need to be employed and have a valid bank account

About company

More information about the company Finance27

Borrow from R500 with interest from the 38 % Get a loan
R8 000
Loan amount R500 - R8 000
Interest 19,5 %
Maturity 1 - 6 months

Fast information

Properties of this loan

  • Online loans up to R8.000
  • Term 1 - 6 months
  • Easy online application

Loan terms

  • If you’re a South African citizen (at least 18 years old) who isn’t under debt administration and has never applied for debt review, you can apply
  • You will need to provide us with a copy of your ID, your latest payslip, and your latest 3 months’ bank statements

About company

More information about the company Loanzie Pty (Ltd).

Borrow from R500 with interest from the 19,5 % Get a loan
R50 000
Loan amount R5 000 - R50 000
Interest 6,3 %
Maturity 7 - 36 months

Fast information

Properties of this loan

  • Online loans up to R50.000
  • Term 7 - 36 months
  • Easy online application

Loan terms

  • Have a South African ID Number
  • Be between 22 and 60 years old
  • Be employed full time
  • Have a personal bank account in your name
  • Have an email address and cell number

About company

More information about the company Izwe Loans (Pty) Ltd

Borrow from R5 000 with interest from the 6,3 % Get a loan
R8 000
Loan amount R500 - R8 000
Interest 5 %
Maturity 1 - 31 days

Fast information

Properties of this loan

  • Online loans up to R8.000
  • Term 1 - 31 days
  • Multiple credit providers

Loan terms

  • Your ID documents
  • Proof of residence
  • Confirmation that you’ll have ongoing employment for the duration of the loan period

About company

More information about the company I M SOLTUIONS LLC

Borrow from R500 with interest from the 5 % Get a loan
R350 000
Loan amount R250 - R350 000
Interest 15 %
Maturity 1 day - 84 months

Fast information

Properties of this loan

  • Online loans up to R350.000
  • Term 1 day - 84 months

Loan terms

  • To earn a regular monthly income of at least R2 000 per month
  • To have a cheque account into which your monthly income is paid
  • To be 18 years or older

About company

More information about the company Absa Bank Ltd.

Borrow from R250 with interest from the 15 % Get a loan
R200 000
Loan amount R500 - R200 000
Interest 5 %
Maturity 1 - 72 months

Fast information

Properties of this loan

  • Online loans up to R200.000
  • Term 1 - 72 months
  • Fast application, instant approval.

Loan terms

  • South African Citizen
  • Have a South African ID
  • Be permanently employed
  • Earn above R4,000 per month
  • Have a valid bank account

About company

More information about the company Money-Mouse Pty Ltd.

Borrow from R500 with interest from the 5 % Get a loan
R1 000
Loan amount R1 000 - R1 000
Interest 20 %
Maturity 5 - 40 days

Fast information

Properties of this loan

  • Online loans up to R1.000
  • Term 5 - 40 days
  • Easy online application

Loan terms

  • Be prepared to e-mail a copy of your latest greatest bank statement
  • ID.

About company

More information about the company PaydayLoans 2.0

Borrow from R1 000 with interest from the 20 % Get a loan
R150 000
Loan amount R5 000 - R150 000
Interest 5 %
Maturity 6 - 72 months

Fast information

Properties of this loan

  • Online loans up to R150.000
  • Term 6 - 72 months
  • Easy online application

Loan terms

  • Be 18 years or older
  • Have a valid SA ID or driver’s license
  • Have a bank account

About company

More information about the company Go Personal Loans

Borrow from R5 000 with interest from the 5 % Get a loan
R200 000
Loan amount R5 000 - R200 000
Interest 21,9 %
Maturity 2 - 6 years

Fast information

Properties of this loan

  • Online loans up to R200.000
  • Term 2 - 6 years
  • Easy online application

Loan terms

  • A copy of your green barcoded ID book or Smart ID card
  • Your last 3 months’ consecutive payslips or bank statements
  • Your bank account details (account into which your salary is paid)

About company

More information about the company Sanlam Group

Borrow from R5 000 with interest from the 21,9 % Get a loan
R150 000
Loan amount R100 - R150 000
Interest 34,9 %
Maturity 3 months - 6 years

Fast information

Properties of this loan

  • Online loans up to R150.000
  • Term 3 months - 6 years
  • Easy online application

Loan terms

  • If you are a South African citizen
  • Over 18 years of age
  • Employed and banked

About company

More information about the company Loans 4 Payday

Borrow from R100 with interest from the 34,9 % Get a loan
R150 000
Loan amount R1 000 - R150 000
Interest 34,9 %
Maturity 3 - 72 months

Fast information

Properties of this loan

  • Online loans up to R150.000
  • Term 3 - 72 months
  • Fast online application

Loan terms

  • SA citizen
  • +18 years old
  • Be employed

About company

More information about the company Save Money SA

Borrow from R1 000 with interest from the 34,9 % Get a loan
R150 000
Loan amount R1 000 - R150 000
Interest 20 %
Maturity 1 - 60 months

Fast information

Properties of this loan

  • Online loans up to R150.000
  • Term 1 - 60 months
  • Fast application, instant approval.

Loan terms

  • You must be permanently employed
  • You must earn over R5,000 per month
  • You must be aged over 18 years

About company

More information about the company Freedom Loans

Borrow from R1 000 with interest from the 20 % Get a loan
R150 000
Loan amount R500 - R150 000
Interest 12 %
Maturity 3 - 60 months

Fast information

Properties of this loan

  • Online loans up to R150.000
  • Term 3 - 60 months

Loan terms

  • Your latest 3 months bank statements
  • Your most recent payslip(s) for one month
  • Your South African Identity Document
  • Proof of residence for Financial Intelligence Centre Act (FICA)

About company

More information about the company Blue Chip Finance

Borrow from R500 with interest from the 12 % Get a loan
R50 000
Loan amount R5 000 - R50 000
Interest 63 %
Maturity 7 - 36 months

Fast information

Properties of this loan

  • Online loans up to R50.000
  • Term 7 - 36 months

Loan terms

  • Have a South African ID Number
  • Be between 22 and 60 years old
  • Be employed full time
  • Have a personal bank account in your name
  • Have an email address and cell number

About company

More information about the company Izwe Loans (Pty) Ltd

Borrow from R5 000 with interest from the 63 % Get a loan
R150 000
Loan amount R5 000 - R150 000
Interest 27,75 %
Maturity 2 - 6 years

Fast information

Properties of this loan

  • Online loans up to R150.000
  • Term 2 - 6 years

Loan terms

  • A regular monthly income of at least R5 000
  • A clear credit record
  • Your last 3 months' payslips or bank statements
  • A clear copy of your ID document
  • Details of your bank account into which your salary is paid
  • A recent document confirming your residential address

About company

More information about the company FirstRand Bank Ltd.

Borrow from R5 000 with interest from the 27,75 % Get a loan
R3 000
Loan amount R500 - R3 000
Interest 15 %
Maturity 5 - 35 days

Fast information

Properties of this loan

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

Loan terms

  • 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

About company

More information about the company PayDay Loans (Pty) Ltd.

Borrow from R500 with interest from the 15 % Get a loan
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 terms

  • 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 % Get a loan
R2 500
Loan amount R100 - R2 500
Interest 36 %
Maturity 30 - 60 days

Fast information

Properties of this loan

  • Online loans up to R2.500
  • Term 30 - 60 days
  • Online application

Loan terms

  • Age – 18 Years or Above
  • South African Citizen
  • Must have a Bank Account
  • Have a Permanent Employment

About company

More information about the company Fak'Imali Cash Loans Trading as Matotololo Group (Pty) Ltd

Borrow from R100 with interest from the 36 % Get a loan
R150 000
Loan amount R500 - R150 000
Interest 10,25 %
Maturity 12 - 60 months

Fast information

Properties of this loan

  • Online loans up to R150.000
  • Term 12 - 60 months
  • Individual financial plan

Loan terms

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

About company

More information about the company Cube Finance

Borrow from R500 with interest from the 10,25 % Get a loan
R150 000
Loan amount R1 000 - R150 000
Interest 29 %
Maturity 6 - 60 months

Fast information

Properties of this loan

  • Online loans up to R150.000
  • Term 6 - 60 months
  • Multiple credit providers

Loan terms

  • You need to be between the ages of 18 to 65
  • You need to be employed at your current employer for a minimum of three (3) months
  • You need to earn a gross salary of R3,000 monthly
  • You need to have your own bank account where your salary is paid into

About company

More information about the company SA Cash Loans

Borrow from R1 000 with interest from the 29 % Get a loan

        Loans Online

In the old days, a loan shark would have been your only recourse. Today you can access cheap, quick loans online. Is there any difference between these online loans and traditional bank loans? You might now be asking: is there any difference between these online loans and traditional bank loans? Yes!

Availability

The banking industry has always been wary. Not everyone can access personal loans from banks. Online lenders, on the other hand, are more open to offering personal loans to their clientele. Most of these are unsecured loans. Since they are unsecured, the loans typically come with higher interest rates than bank loans. Online loans are therefore available to previously unbanked sections of the population who cannot access bank loans.

Speed and Convenience

Traditional bank loans typically require you to pay a visit to the bank’s physical location. However, for people who need urgent payday loans, this may not always be possible in their moment of need. The beauty of online loans is the ability to access them from anywhere and at any time, provided you have internet access. You can be in your bed, dressed in pajamas, in the middle of the night, and still get a quick loan from an online lender using your smartphone. Furthermore, many online lenders do not perform a “hard” credit check. As a result, you are able to get the loan faster.

Lower Fees, but Interest Rates May Be High

Banks are expensive to run. The brick-and-mortar locations rack up expenses like rent, furniture, equipment, salaries, and so forth. They have far more employees than online lenders. As a result, banks need more money from their customers and the loan fees are therefore going to be higher than those of online lenders.

Online lenders have fewer expenses, and their loan fees are therefore lower. However, online lenders typically provide unsecured loans. Such loans are high-risk to the lender because borrowers do not put up any collateral. As a result, online loans incur much higher interest rates than bank loans. In exchange for quick availability and convenience, most people are willing to endure the high interest rates. To find out how much money you can get at what interest, type “urgent loans calculator” in the search bar and refine the key words to find a lender that enables you to calculate loan eligibility and interest in advance.

Creative Approaches

Online lending has more freedom to experiment than traditional lending. Take as an example: peer-to-peer lending. This is a model which enables users of the platform to earn interest by lending money directly to other users

Wrapping It Up

In many ways, online loans are more attractive than bank loans. However, there are quite a few unethical online lenders in the market. Do your due diligence before trying to access a loan from a particular online lender.


Loans Online rating: 4.5/5 from 19 votes.

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