Urgent Cash Loans

        Urgent Cash Loans

Urgent Cash Loans

How long does it take to get a loan from a bank? You don’t always have the luxury of time, especially since it’s never a guarantee that you will get the loan in the first place.

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
R150 000
Loan amount R1 000 - R150 000
Interest 10 %
Maturity 10 - 72 months

Fast information

Properties of this loan

  • Online loans up to R150.000
  • Term 10 - 72 months
  • Almost instant approval

Loan terms

  • You are 18 years of age or older
  • You are a citizen of South Africa
  • You have a fixed monthly income which is at least R1500 per month
  • You have a Bank Account in South Africa

About company

More information about the company EasyCashLoans

Borrow from R1 000 with interest from the 10 % 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 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 Budget Insurance Company Ltd.

Borrow from R1 000 with interest from the 15 % Get a loan
R3 000
Loan amount R1 000 - R3 000
Interest 3 %
Maturity 1 - 31 days

Fast information

Properties of this loan

  • Online loans up to R3.000
  • Term 1 - 31 days
  • Easy application

Loan terms

  • You need to be a South African citizen and above 18 years of age
  • The Minimum Net Salary after deductions required to qualify for a loan is R10000

About company

More information about the company African Spear Trading 183 cc T/A Express Finance

Borrow from R1 000 with interest from the 3 % Get a loan
R3 000
Loan amount R1 000 - R3 000
Interest 28 %
Maturity 3 - 6 months

Fast information

Properties of this loan

  • Online loans up to R3.000
  • Term 3 - 6 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 Low Budget Loans

Borrow from R1 000 with interest from the 28 % Get a loan
R80 000
Loan amount R2 000 - R80 000
Interest 10 %
Maturity 3 - 24 months

Fast information

Properties of this loan

  • Online loans up to R80.000
  • Term 3 - 24 months
  • Fast online application

Loan terms

  • You must be between the ages of 18 and more
  • 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 Challenor® Finance

Borrow from R2 000 with interest from the 10 % 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
R200 000
Loan amount R100 - R200 000
Interest 10 %
Maturity 1 - 60 months

Fast information

Properties of this loan

  • Online loans up to R200.000
  • Term 1 - 60 months
  • Fast online application

Loan terms

  • The minimum age to use our service is 18
  • Must be a current resident of South Africa
  • Need an active South African bank account to allow the money to be transferred to you
  • Have to be a current resident of South Africa
  • You must have an income every month whether it be benefits or a job

About company

More information about the company Mayday Loans

Borrow from R100 with interest from the 10 % Get a loan
R500
Loan amount R100 - R500
Interest 16,5 %
Maturity 1 - 45 days

Fast information

Properties of this loan

  • Online loans up to R500
  • Term 1 - 45 days

Loan terms

  • You need to be over 18 years of age and less than 65 years old
  • Residing and employed in South Africa
  • With an active RSA bank account, plus your own email address and cell phone
  • Your credit rating will determine if there are any additional requirements
  • We do a quick assessment of your financial ability to repay a loan
  • So the results should give us an assurance of your ability to settle your debt when the time comes

About company

More information about the company Makanda Finance Ltd.

Borrow from R100 with interest from the 16,5 % Get a loan
R75 000
Loan amount R2 000 - R75 000
Interest 10 %
Maturity 12 - 60 months

Fast information

Properties of this loan

  • Online loans up to R75.000
  • Term 12 - 60 months
  • Fast online application

Loan terms

  • Be 18 years of age or older
  • Have a valid South African ID
  • Earn at least R2,000 per month
  • Latest 3 payslips or the last three months' bank statements
  • Have a bank account in your name

About company

More information about the company Woolworths Financial Services (Pty) Ltd

Borrow from R2 000 with interest from the 10 % 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
R9 000
Loan amount R300 - R9 000
Interest 0 %
Maturity 4 - 65 days

Fast information

Properties of this loan

  • Online loans up to R9.000
  • Term 4 - 65 days

Loan terms

  • The borrower’s age should be in the range of 18 to 65 years
  • Users must pass a credit check
  • Requires a current email address
  • Provision of current phone number and Debit card
  • Recent pay slips and Proof of address

About company

More information about the company Binixo Corporation

Borrow from R300 with interest from the 0 % 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
R20 000
Loan amount R500 - R20 000
Interest 17 %
Maturity 1 - 90 days

Fast information

Properties of this loan

  • Online loans up to R2.000
  • Term 1 - 90 days
  • Easy online application

Loan terms

  • Copy of your ID Number
  • Cellphone number
  • Bank account
  • Latest three months bank statements and most recent payslip

About company

More information about the company HMT Loans CC

Borrow from R500 with interest from the 17 % Get a loan

        Urgent Cash Loans

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 you are not close enough to a bank. Maybe you need the loan urgently and the bank’s loan processing period is too long.

In the old days, a loan shark would have been your recourse. Today you can access cheap, quick loans online. Is there any difference between these online loans and traditional bank loans?

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 cash 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 at the 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 highly risky to the lender because borrowers do not put up any collateral. As a result, online loans incur much higher interest rates than bank loans.

For the sake of the quick availability and convenience, most people are willing to endure the high interest rates. To find out how much money you can get and the 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.


Urgent Cash Loans rating: 4.5/5 from 21 votes.

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