Rating based on 1,123 reviews
About – PaydayLoans.co.za
PaydayLoans.co.za is a dedicated credit provider with years of experience in the financial field that aims to help South African citizens when they need some fast cash.
Our specialist team has developed a variety of micro finance solutions which we are able to offer to all South Africans without exception. This means that as long as you can prove you have the ability to repay the loan and you are currently employed your loan application has a very high chance of being approved.
Only pay on your next payday
Applying for a loan is very easy and simple if you need any assistance we provide full support to our customers and will guide you through every step of the process. Select the amount that you would like to borrow and complete the online application form this should only take a few minutes and you will receive an outcome almost immediately.
Services – PaydayLoans.co.za
We are happy to offer a super low-interest rate on our loans for R1000 and more.
Our service offers the best repayment terms in the business so easily repay your loan without any hassle. Using our loan service can save you between R150 and R500 every month just by switching to us from your existing microlender.
Our service is convenient, fast & easy
If you are an employed South African citizen that is over the age of 18 and who holds a bank account in your name then you are encouraged to apply. When you need extra cash for enjoying small pleasures in life or you have bills to pay that are time sensitive. The loan is backed by your salary so there is no need to perform a credit check this means that your loan application has a better chance of being approved. Our aim is to put a smile on your face.
Summary of Services
- CONSOLIDATION Loans
- BAD Credit Loans
- MICRO Loans
- INSTANT Loans
Use PaydayLoans.co.za for reliable payday loans
All sorts of emergency expenses can come up during the month and there is nothing worse than needing money and not having any to spare.
If you don’t have sufficient cash left to cover your expenses, you should find a loan that will be able to assist you. This PaydayLoans.co.za review will assess the payday loans offered by this lender to help you decide whether they can be of use to you or not.
PaydayLoans.co.za is available online
Our company offers a simple service at great speed. You get to make an application and track it entirely online. Once you have completed the online application form you will be given an outcome very quickly.
Once your application has been approved, the granted loan amount will be wired to your bank account right away and you will be able to use it within 24 to 48 hours. This kind of speed can be quite useful when you face a financial emergency. The amount that you will be allowed to borrow will depend on your ability to repay the loan, your employment record and other relevant factors.
The first time that you apply for a long you will be allowed to borrow up to R500. This is to prove that you are able to repay the loan, the next time that you apply you may borrow up to R1 000 and the amount will increase as you prove that you are not risky to lend money to.
The more you borrow the more you qualify for
Each time that you successfully repay your loan you will be given the opportunity to borrow more money. As the first amount that you can borrow is only R500 you need to ensure that the loan will be sufficient for you to cover your emergency expenses. The loan term is automatically set depending on your next payday.
When this day comes PaydayLoans.co.za will withdraw the total amount of money which you owe to them via direct debit. Make sure that you apply no later than 4 days before your next pay day. Otherwise, the lender will not have sufficient time to process and loan and arrange its repayment.
The interest rates charged by this lender are calculated in line with the regulations set by the National Credit Act. They are similar to what other payday lenders charge. The same applies to the fees. As the principal amount is quite low it is easy to make the repayment and you will qualify to borrow more money the next time around.
We will answer all your questions and give you the information and advice you need to complete the process. Our loan solutions are perfect for when you are strapped for cash and in desperate need of cash in a hurry. If your rent is due and you don’t know what to do, apply for a payday loan and we will help you get back on top of your finances.
Make sure that you are able to afford the loan before you apply as it won’t help to apply or a loan if it will just push you further into debt.
This review's verdict is that the payday loans of PaydayLoans.co.za can be used if you require a very small amount of cash the first time that you apply for a loan.
Customer Reviews & Testimonials
If you are looking for affordable credit plans, PaydayLoans.co.za will always give you options that are well suited for your budget.
— Witbank —
I would recommend PaydayLoans.co.za because they offer reasonable loans with interest rates that are almost a dream!
— Vanderbijlpark —
By visiting the PaydayLoans.co.za website, I already knew which loan offer would suit my budget.
— Randburg —
Ph: 087 2300 220
Fx: 088014 5521689
Postal AddressPO Box 2807, Sun City, 0316, South Africa
- Monday 08:00 – 17:30
- Tuesday 08:00 – 17:30
- Wednesday 08:00 – 17:30
- Thursday 08:00 – 17:30
- Friday 08:00 – 17:30
- Saturday – Closed
- Sunday – Closed