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Hoopla Loans

  • Personal loans up to R250,000
  • Low-interest up to 28%
  • Repayment up to 60 months

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Hoopla Loans homepage
Author Hoopla Loans. Screenshot of Hoopla Loans website.
[Accessed December 8, 2022]

About Hoopla Loans

Hoopla Loans is an independent online broker, loved by customers both old and new.

This lender began its journey in finance when it realized that there was a lack of brokerage companies online. They also noticed a lack of efficiency of service and felt they could fill that gap themselves.

Easy loans online

This is why Hoopla Loans came into being and have continued to grow from strength to strength. Since that day, they’ve been dedicated to bringing easy online loans to clients, who have responded to their service with a steady flow of satisfied and ecstatic customer reviews.

While these happy customers speak volumes about what they do, it will pay to go into a little more detail.

A wide variety of loan options, including:

Not to mention long, medium, and short-term loans, all tailor-made to suit your pocket and the needs at hand. All at your fingertips with their quick and easy online application, all approved in a matter of hours. They even assist clients with bad credit histories – we all deserve a second chance, don’t you think?

Hoopla helps nationwide

Hoopla is one of the fastest-growing online companies focused on personal loans in South Africa. Their reach extends from one corner of SA to the next, meaning they can help you out – no matter where you are, or what your circumstances may be.

They have a whopping 84% approval rate on all of their short-term loans, and help hundreds of customers every single day, all pleased with their services. However, Hoopla is not a lender.

Many misconceptions float around brokerage companies online, but they stand true and tall amongst them by remaining responsible and reliable.

Hoopla Loans Services

With Hoopla's enormous database of responsible and carefully approved lenders, they can really cater to your every financial need.

This has always been something important to this growing platform, as customer happiness is what keeps their company thriving, and their employees ready to help even further.

Loan application within minutes

Their online loan application process is so easy, it takes an average of between 4 and 5 minutes to complete on their website or app.

It takes a matter of hours for their experienced employees to review and approve your loan request. Once this is done, getting your loan is as easy as counting to 3.

What happens next

  • You'll be sent a list of all Hoopla's lenders that approved your request for a loan, and their terms and conditions.
  • After a review of these, you can pick the loan option you feel would suit your needs best, and sign the agreement they'll send you.
  • Once that's over and done with, you can set out on whatever venture it is you needed the finance for, and use it for whatever you need.

Yes, it’s as easy as that!

The cash can be in your account in a few hours. The following is a list of the usual loan amounts that Hoopla can put in your pocket:

  • Payday loan – between R100 and R8,000
  • Personal loan – between R8,001 and R 20,000
  • Long term loan – between R 20,001 and R 250,000

With such flexible amounts, Hoopla can surely get you the loan you need to succeed. These loans are 100% free to apply for and can be repaid within a loan term that suits your budget. 

This cash will go directly into your account upon approval and will be repaid monthly through debit orders. And all this at an interest rate starting as low as 5%. You can even settle early, with little to no penalty.

Hoopla Loans – Personal loan

  • Loan Type Personal loans
  • Interest Rate 28%
  • Loan Amount up to R250,000
  • Repayment 3 months to 60 months

Benefits of Hoopla Loans

  • The approval rate is high
  • Same day response to applications
  • Bad credit is welcome

Personal loan calculator

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

How can Hoopla Loans help you today?

Hoopla has a policy that any requests, queries, or needs must be seen as speedily as possible. 

They achieve this by having staff available to you 24 hours a day, year-round.

Their app and online application services are always ready, meaning that no matter what time of day or night you apply, they're ready for you. Assistance from a consultant or loan approval is right at your fingertips!

What Hoopla's lenders offer

As mentioned, Hoopla is not a lender but can put many top lenders in contact with you.

Some of these responsible companies can even offer you affordable personal loans without payslips if you've started a new job recently.

You'll be required to present a copy of your ID, a bank statement, and a proof of address, however, some lenders have different requirements when it comes to supporting documents. It’s all as simple as that!

How Hoopla address the concerns of fraud

Hoopla has a unique policy regarding fraud in their company, as they understand that the modern arrival of online loan companies comes with the arrival of modern problems. Luckily they have a strict set of guidelines when it comes to these concerns.

Keep in mind, they'll never charge you a cent, as they provide a free service. If a company claiming to be Hoopla asks for any payment or collateral, it's likely fraud, and you must report this immediately. 

Hoopla does what they can to have clone sites and copycat companies taken down or closed. They are committed to making the lending process simple and safe.

Customer Reviews & Testimonials

October 2019

I went and saw what my friends were talking about when it came to Hoopla Loans, and my curiosity really paid off. 5 stars!

Martinette K
— Cape Town —

September 2019

I can’t say I’ve ever had a better time lending from anyone other than Hoopla, they really gave me what I needed, and it didn’t cost me an arm and a leg.

Norbert D
— Hankey —

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