Personal loan application Is this for you?
- You do NOT need to own a home
- Loans range from R1000 – R20 000
- Flexible repayment periods
Still not sure about personal loans?
A personal loan does not require the applicant to own a home. A personal loan is unsecured debt, so even if you own a home, you do not have to use it as security to get the additional funds.
The application process is fast and efficient since there are no face to face interviews or long detailed paperwork to complete. Once the documentation – which you will receive via email – is completed, it can be faxed or emailed back to us.
Personal loans can be used for a variety of purposes. The money you receive can be used however, for whatever you like. This includes anything from appliances, furniture, renovations and school fees to a much deserved family holiday, or to consolidate your existing accounts.
Repayments are done over a number of months so as not to place too much additional pressure on the applicant.
Our partners offer a direct finance facility which means the funds are deposited directly into your bank account.
How do I apply for a Personal Loan?
You will need to complete the online application form to check if you qualify for a personal loan.
Click Here to complete the online application form.
What do I need to qualify for a Personal Loan and how long does the process take?
Once you have completed the online Personal Loan application form, we will list the documents required with your application form, such as a certified identity document and proof of earnings.
More info on Personal Loans
What is the interest rate on personal loans?
The interest rate is determined based on your profile, amount requested and repayment period.
What are the repayment periods for personal loans?
You have the option to repay your personal loan from 3 months to 2 years.
What is the minimum and maximum personal loan amount I can apply for?
Loan amounts range between R1000 and R20 000.
What about Payday loans?
No, the shortest repayment period is 3 months and the minimum amount for a loan is R1000.
Can I apply if I am paid weekly or bi – weekly?
Yes, complete the online Personal Loan application form and we can determine the correct product for your profile.
I have judgments, defaults or have been blacklisted?
Yes, you can apply for a personal loan if you do not have a perfect credit record and we will try to get your personal loan application approved.
Can I use this loan to consolidate all my existing loans, so I only have a single repayment to make monthly?
No, we suggest that you apply for debt consolidation. For the debt consolidation online application form and information, go to Debt Consoldation
What if I don’t qualify for a Personal Loan?
If I do not qualify for a personal loan, should my spouse apply under their name?
Yes, definitely. We consider each application for a personal loan independently. Thus your spouse could easily qualify for a personal loan even if your application is unsuccessful.
Am I able to apply for other services?
Yes, you can apply for one or all of the available services. Please read the requirements of each service at the top of each application form. Furthermore, if you are not successful in qualifying for a personal loan, keep us updated so we can resubmit your application as your financial situation changes.
About the Application Process
How will I know that you have received my documentation?
You will receive an email within 24 hours once we receive your documentation. We will also advise you if we require any additional documents.
I have faxed my documents but have had no response, what now?
Please ensure that you have added your South African ID number to all documentation in order for us to identify your application.
How long does it take for the money to be deposited into my banking account?
Once your application has been approved we will deposit the money into your banking account within 48 hours.