Rating based on 5 reviews

Southern Finance

  • Payday loans up to R4,000
  • Same day payouts
  • Low-interest starting from 38%

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Southern Finance homepage
Author Southern Finance. Screenshot of Southern Finance website.
[Accessed June 22, 2020]

About Southern Finance

Through Southern Finance you can get a payday loan of up to R4000.

These loans are available on the same day that you apply. We want to provide you with fast and affordable payday loans.

Once your payday loan has been approved we’ll set up a debit order to go off every month on a date that suits you.

We take the stress away from making manual repayments by automating these. We make all this happen for your convenience.

Our online payday loan services

We bring you the best quality and maintain the highest standards. Our platforms are always being monitored for issues so that we can fix them right away. We want to bring you the best experience.

Our website is automated which ensures you receive responses at any given time. Your queries will be put through to our consultants who are always willing to help.

Here at Southern Finance, our dedicated staff is always available for you. We put the time and effort in so that you don't have to.

A little bit of extra information

When renewing a loan with us, it’ll be seen as a new loan. This means that the same rates and fees will apply.

It’s also important to note that our annual percentage rate is currently 38% and all collections on payments are done through debit orders.

Our non-payment policy will result in a 5% interest rate added over each month you are late as well as an R50 service fee. Late repayment will cause a decrease in your credit rating.

However, if you have existing debt, we’ll review your credit history and evaluate your financial situation so that we can find a way to help you with your personal finance.

Southern Finance Services

Our payday loans are quick and easy to apply for.

Once you’ve been approved, the amount will be transferred into your bank account within 24 hours. But if you’re in a rush we offer immediate payment for a small fee.

Our immediate same day payments are there just in case there’s no possible way for you to wait 24 hours.

We understand the urgency of emergencies and this is why we provide this option. It is there, just in case and it’s our way of being able to support our clients.

Same-day online payday loans

Do you need some cash but it’s still days away from payday? This is where we can help you. We offer short-term loans that are quick and convenient to apply for. They are our solution to any problem you might be facing.

It may be a short-term solution but it is better than nothing. It’ll be just enough to keep you going until the end of the month.

We offer a minimum of R500 to a maximum of R4000 with our online payday loans. These amounts can help with any small unexpected bill or emergency that may pop up on a daily basis.

Our regulator and accreditations

We’re accredited through the NCR, the National Credit Regulator.

This enables us to provide you with instant cash loans. We provide them to anyone who needs them throughout South Africa.

We’re fully active and compliant with laws and regulations. We’re regularly assessed to make sure that we are up to standard for your convenience.

Our up to date work ethic will ensure that you always get more than what you came for.

Southern Finance – Payday loan

  • Loan Type Payday loans
  • Interest Rate from 38%
  • Loan Amount up to R4,000

Benefits of Southern Finance

  • Immediate response
  • same day payouts
  • Easy loan application

Payday loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This loan calculator is for illustration purposes only.
The use of this quick loans calculator is subject to our terms of use.

It’s all about what we can do for you

We strive to make taking out a payday loan as simple as possible. We often get asked what is needed to qualify for a loan.

Do you qualify to apply?

  • You need to have a valid South African ID.
  • You must be over the age of 18.
  • You must also have a valid bank account
  • You must be employed and earning a stable income

Your frequently asked questions - answered

Many clients are curious about how long it takes to receive their money. We’ll always make our payments the same day that you’re approved. But you’ll have to wait 24 hours for the money to reflect in your account.

The maximum quick loan amount you can borrow from us is R4000 and this amount will be credited to you by bank transfer. No cash payments are made. The bank account must also be your own and not a friend's bank account as we do not do third party lending.

The safety of your information

We assure you that your information is safe. We have a detailed privacy policy you can go through to better understand why we need the information we ask for.

You can find out what we do with your information as well. We abide by all laws and regulations and don’t sell your information off to other companies. We keep your information safe as we’re a trusted financial firm.

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Southern Finance is a trusted & reliable provider of payday loans

In our review, Southern Finance adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

Southern Finance is a registered credit provider in South Africa: NCRCP11981

Customer Reviews & Testimonials

March 2020

I got such a good deal with Southern Finance

Michael P
— Johannesburg —

October 2019

My payday loan was approved the same day

Jake T
— Bloemfontein —

August 2019

I got an R4000 loan through Southern Finance

Leona F
— Port Elizabeth —

Southern Finance Contact

Physical Address

Opening Hours

  • not available