Rating based on 80 reviews

EC Finance


  • Personal loans bad credit up to R120,000
  • Low-interest starting from 28%
  • Repayment up to 84 months

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EC Finance homepage

Author EC Finance. Screenshot of EC Finance website. [Accessed April 5, 2018]

About EC Finance

EC Finance was established in 2005 and is one of the most popular credit providers with South Africans. We have assisted hundreds of individuals who have a bad credit record.

We offer personal loans of various types from quick cash loans to short term loans. We are experts in helping blacklisted individuals find affordable credit solutions matching their needs to the fullest. We offer cell phone deals too.

Short-term loans

You need to borrow money, but you are unable to access a traditional loan because you have a bad credit record. In this situation, you can consider credit products which are specially designed for people like you. Make use of EC Finance short-term loans for bad credit offered by a company that cares about your wellbeing, our loans are easily assessable and pretty straightforward.

EC Finance Services

The instant online loans are designed to lift any financial burden of your shoulders easily and quickly.

No matter whether you need money to cover your living expenses, pay your bills or repair the car, you can get cash quickly with no questions asked, plan a vacation or buy something that you’ve always wanted and you can now get it at a discounted price. These are unsecured loans for bad credit and require no collateral whatsoever.

South Africans with bad credit

The only criteria you need to meet are that you need to be permanently employed and have a bank account where your salary gets paid into. Any South African who has these criteria’s, even if you have not so good credit or you’re blacklisted can apply for our personal bad credit loan without a problem, no questions asked.

The loan application is submitted online and the approval process is extremely quick. The funds will be deposited in your bank account on the same day. No Hassel!

EC Finance – Personal loan bad credit

  • Loan Type Personal loans bad credit
  • Interest Rate from 28%
  • Loan Amount up to R120,000
  • Repayment 1 month to 84 months

Benefits of EC Finance

  • Loans paid on the same day
  • A friendly and caring service
  • Loans for clients with bad credit

Personal loan bad credit 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 Online loan calculator is subject to our terms of use.

EC Finance has top quality bad credit loans

EC Finance is a credit provider operating online.

Apply with EC Finance; we are confident that you will be securing a good credit deal, we are also confident that the service provided to all South Africans that are in need of cash will find that our service is most flexible and highly professional.

The speed at which each loan application is processed is simply great. Once your application has been received and approved the outcome of your application will be ready within 6 hours.

Decide on the best product for you

No matter what your current financial situation is, you can get the best gadget without spending a small fortune or getting into debt. We are here to provide full assistance with every financial decision that you have to make.

You can use our calculators to decide on the best product for you, this tool allows for you to work out how much you’ll need to borrow and what your repayments could be, however, this is only an estimation but it does give you some sort an indication of what you’re looking at.

Borrow up to R50 000

With the personal loans for bad credit from EC Finance, you can borrow up to R50 000. The maximum limit is set high enough to enable borrowers to meet virtually any pressing financial need. At the same time, the maximum amount which you will be able to take out will depend on your income and credit record so you can expect somewhat stricter limitations. Still, this is part of the policy of all responsible lenders.

Deciding on the loan is made easy

You can choose the repayment term in line with your preferences. It can be between 2 and 5 years. You can negotiate the period for a shorter term or a longer term; this will depend entirely up to you. Once you’ve decided on the loan term and you do opt for a longer period, you need to bear in mind that a longer term means that the monthly instalments are smaller, but the total interest payment will be higher.

Competitively priced loans

The personal loans for blacklisted offered by EC Finance are competitively priced. Still, it is up to you to decide on the affordability given your individual income and expenses. You will get to see a complete overview of the interest rate, fees and monthly instalments in advance so that you can make the right decision.

You’ll be pleased to know that our bad credit loans are easy and quick to get and we give you considerable flexibility u can use this to your advantage.

Customer Reviews & Testimonials

April 2019

They have given me the best advice and have shown me how to pay off my loans to boost my credit score.

Paige C
— Port Elizabeth —

April 2019

They have given me my loan and the best part this company that don’t judge when it comes to your credit score.

Jean M
— Johannesburg —

EC Finance Contact

Contact Number


  • not available


Physical Address

Opening Hours

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