Loan Companies in South Africa

There are various loan types available in South Africa, which are offered by numerous loan companies. As a consumer, you are able to choose from a wide array of loan companies, for a loan solution that will meet your individual financial needs.

Student loans are specifically designed to pay for tertiary education costs, including fees, accommodation and textbook expenses. A leading loan company that is a specialist in this field is EduLoan. Founded in 1996, this lender has awarded over 800 000 study loans and is a registered credit provider. EduLoan continues to provide funding to qualifying individuals to help them further their education.

Leaders in the Home Loans sector include SA Home Loans and BetterBond.

SA Home Loans offers a range of services, including: Variable Home Loan; 30 year home loan; Edge Home loan; Affordable Housing Package; Quick cash; Personal loans; further lending products as well as transfer assist. This institution has various products designed to help individuals afford to buy homes.

Wonga is a leader in the payday loans sector. As a specialist provider of payday loans, Wonga offers clients 30 days to repay loans. As a first-time borrower, you can access up to R3000 in finance. As an existing client you can get a maximum of R8000 in finance. The lender also promises a quick turnaround rate as well as simple online application processes.

If you’re looking for a personal loan, Letsatsi Finance may be the ideal solution for you. With over 40 branches nationwide, personal loans are easily accessible. This lender promises approvals within one hour as well as same day payouts. Letsatsi Finance also provides consolidation loans in addition to short and long term loans.