Instant Loans in South Africa

Here are a few examples of institutions that provide instant loans in South Africa, Fluctuations in the economy often lead to financial trouble for many people. South Africans are often left wanting when the rise in inflation outstrips salary increases and economic growth falls far behind. This may cause many South Africans to turn to financial institutions to get help in the form of personal loans.

Aside from term finance, many people are relying on instant loans in South Africa on a more regular basis.

Wanna loan?

With the slogan “Same Day. Pay Day. Every Day” Wanna Loan is a specialist short-term credit provider. Committed to responsible lending, this institution has a high standard of service. Individuals can apply for loans of up to R2500 and can repay the loan on their next payday.

Cobol:

Promising approval in minutes, Cobol has an easy online application process. Loans between R1000 and R3000 are provided with up to 6 months to repay. Cobol has been providing same day cash solutions to South Africans since 2006. To find out how to apply, call 021 421 88 11.

Boodle:

Boodle is a provider of instant personal cash loans. Loans are provided up to R2500 for new customers, while existing customers may qualify for up to R8000. Once they qualify, individuals have instant access to their cash.

SA Payday:

This institution provides personal cash loans of up to R150 000. An added benefit is that individuals with bad credit are also assisted. The paperless, simple application makes the process easier for many applicants. If you are aged between 18 and 65 years, have been employed for at least 3 months and earn a minimum of R3000 per month, SA Payday loans may be the ideal loan provider for you.

Wonga:

One of the most popular payday loan providers, Wonga specialises in “Fast, little loans.” You can get loans from R3000 to a maximum of R8000 as an existing customer with Wonga. Once the entire approval process has been completed, you can expect to get instant access to your loan in your bank account.