How does Paperless Short Term Loans work?
The term “paperless” applies to the fact that these types of short term loans are generally applied for online – there’s no need for tedious paperwork, faxing of documents or time consuming branch visits. You simply apply directly from the website – the only things you will need is a valid ID, and active bank account and in most cases an email or cell number you can receive communications through.
Two of the leading paperless short term loan providers in South Africa are Wonga.com and Boodle – see below for how you can get up to R2500 deposited into your account within minutes. No paper, no hassle – just quick cash.
MPOWA is a short term online loans provider which allows clients to apply for same day loans of up to R 2500 to even to new customers. Successful applications received before 3pm will have cash by 5pm the same day. Decision is made instantly and no paperwork is required. Click here to apply for a Mpowa short term loan.
Boodle is the short term loan provider with some real South African flavour. It provides quick loans of up to R 8000 with 41 days to repay. It gives R2, 500 to new customers, and up to R8, 000 for existing customers. Instant decision with no paperwork required is made. The provider is also available on mobile.
LoanFinder SA provides online loans to many South Africans – even those who may have a poor credit rating, defaults or garnishee orders that can result from divorce, illness or death. It has tailor-made loans up to R 150 000 and reportedly serves more than 500 000 applications per year. The provider has a quick and easy online application, you can apply here if you are interested.
SAPersoanlloans.co.za is a great solution if you’re unsure of which loan provider to go with – they will match your requirements directly with the best loan option for you. The company has assisted over 234 000 applicants without any application fees Charged. It gives out loans up to R15 000.
Mulah Quick Ching is another fast day loan provider company. At Mulah you can borrow the amount you require fast say up to R4000, you can then apply for a quick instant loan with no trouble and then pay it back on your next payday (or whatever the amount of days it is you chose).