Rating based on 6 reviews

Hoopla Loans

  • Bad credit loans up to R250,000
  • Low-interest starting from 20%
  • Repayment up to 60 months

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Hoopla Loans homepage
Author Hoopla Loans. Screenshot of Hoopla Loans website.
[Accessed December 9, 2022]

About Hoopla Loans

Do you need a loan but suffer from bad credit? This is where Hoopla can help you.

Hoopla Loans provides you with quick loans that can be used for anything you desire. 

They offer loans from R100 to R250 000. These loans are paid straight into your bank account with no delays.

They also have a very high approval rate, and don’t need to know what you'll be using the money for - that’s entirely up to you!

About Hoopla's bad credit loans

Hoopla's bad credit loans are easy to apply for, and you can use your loan for any purpose. If you have a bad credit history, his lender can still help.

These short-term loans will be paid directly into your account once you’ve signed the loan agreement. Hoopla helps hundreds of people every single day and they’re ready to help you too. 

An instant loan decision

When applying online with Hoopla Loans, your application is secure. Your details will not be used for other purposes such as third-party marketing.

They use their online platform to compare many lenders within seconds, for your benefit. This is a superior way for you to review loan prices and rates and find the most competitive option. 

It takes roughly 4 minutes to apply the loan and once approved, you can obtain your money within hours. Hoopla's services are exclusively available to South African citizens.

Hoopla Loans Services

When applying with Hoopla, your details are protected.

Their website is encrypted with the latest technology to keep your information safe and secure. They check their safety systems daily to make sure that they’re still running smoothly. 

This provider is a new-age online platform that’s here to help South Africans find bad credit loans that suit their needs.

They have a panel of lenders that they’ve partnered with and are here to bring you the best options that also suit your needs. As the intermediary, they don’t charge you any fees.

How much cash can you borrow?

You must know what kind of loan you need. Each loan type has a specific range. 

  • A payday loan offers from R100 to R8000. 
  • A personal loan is the next step up from the payday loan and offers from R8001 to R20 000.
  • A long-term loan would be the next tier up and offers from R20 001 to R250 000. 

As a client, it should be comforting to know that 84% of all Hoopla's applicants get approved.

Types of loans Hoopla offer

Hoopla Loans brings you a wide variety of loans. From payday loans to personal loans, there's so much that they can provide. They offer bad credit loans, short-term loans online, and long-term loans. These range from R100 up to R250 000. 

The repayment period also ranges from 1 month up to 5 years. These loans are ideal for emergencies and once-off payments. They can also be used to cover small costs throughout the month.

Hoopla Loans – Bad credit loan

  • Loan Type Bad credit loans
  • Interest Rate 20112% p/a
  • Loan Amount up to R250,000
  • Repayment 2 months to 60 months
  • Decision Between 5 and 45 minutes

Benefits of Hoopla Loans

  • Low repayments
  • Same day response to applications
  • Free online application

Bad credit loan calculator

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

Bad credit loan eligibility and the Hoopla application process

To be eligible for a loan with Hoopla, you must be 18 years or older and be permanently employed.

You won't be able to apply for a loan if you don't meet these minimum requirements. The great thing about this platform being online is that you’ll get a response almost instantly after applying.

If you get approved, you’ll most likely be notified online. If not, you'll be notified through email, SMS, or telephone. 

Why you should apply for a loan through Hoopla 

  • They offer finance to all. Even those with poor credit histories. 
  • With Hoopla, you have a high chance of approval. 
  • Their monthly repayments are low, and their interest rates are reasonable. 
  • They're a 4-star rated company with a website that's 100% safe and secure. 

Hoopla's application process is easy and fast

All of Hoopla's lenders are NCR licensed meaning they are licensed with the National Credit Regulator. They trade according to the laws set out in the National Credit Act and they offer same-day loans.

Who can Hoopla help?

Hoopla Loans know that everyone has a past, and they strongly believe that everyone deserves a second chance. Even if your credit record has seen better days, don’t worry. They'll help you because that’s what they do! 

It’s Hoopla's wide panel of lenders that enables them to do this when others simply can’t. To apply for one of their bad credit loans online you must be aged 18 or older, be permanently employed, and be able to pass the lender’s affordability checks.

You'll also need to submit a copy of your ID, proof of address, your payslips, and bank statements.

Customer Reviews & Testimonials

November 2019

Best comparison website I’ve used

Louis O
— Cape Town —

February 2019

Great prices and rates

Arnold F
— Bloemfontein —

June 2019

It was a very easy website to use

Sinovuyo E
— Polokwane —

Hoopla Loans Contact

Contact Number


  • not available


Physical Address

  • Office 2 Manhattan Corner, Century Way, Century City, Milnerton Cape Town Western Cape 7441 South Africa
  • Get Directions

Opening Hours

  • Monday 08:00 – 17:00
  • Tuesday 08:00 – 17:00
  • Wednesday 08:00 – 17:00
  • Thursday 08:00 – 17:00
  • Friday 08:00 – 17:00
  • Saturday 09:00 – 13:00
  • Sunday – Closed