image of Woolworths
image of Woolworths

Woolworths is a registered credit provider with South Africa’s National Credit Regulator: NCRCP49

About – Woolworths

Woolworths is one of the oldest and most successful store chains in South Africa. The first shop was opened in Cape Town in 1931. Now the company has over 400 stores nationwide.

It has impeccable reputation for offering only the best products to customers and for always being up to date with the latest trends and we now offer personal loans too!

Flexible and Speedy Solutions

Now the company has partnered with ABSA Bank to offer easy and quick financial solutions to its customers. It offers store and credit cards, personal cash loans and insurance at highly attractive rates. The personal finance service boasts with flexible and speedy solutions matching the customers' requirements fully.

Services – Woolworths

Woolworths Financial Services boast with the superior quality which the brand is known for. We offer financial solutions which are effective, reliable and comfortable for our customers. We have a wide variety of products for you to select from.

Our in-store card will bring you huge savings. Our silver, gold and black credit cards are designed to give you the financial independence that you are looking for.

Meeting Your Individual Needs

We offer revolving personal loans which provide maximum convenience and flexibility. The best service is guaranteed. We are fully dedicated to meeting your individual needs and goals and to offering a personalised solution.

Summary of Services

  • Cash Loans
  • Instant Loans 
  • Personal Loans 
  • Blacklisted Loans 
  • Online Loans

Woolworths Quick Personal Loans Review – What Kind of Quality Can You Expect?

You can always benefit from extra cash but, when the need is pressing, you need to find a reliable and affordable loan quickly. There are many different products to select from and this poses the need for assessing each option carefully.

This Woolworths' quick loans review offers a detailed and objective assessment of these credit products.

A reliable credit provider

Woolworths Financial Services is the financial division of the Woolworths department store chain. It is a reliable credit provider with a growing client base. It offers a small range of credit products which are designed for the South African consumers. You can expect a professional service based on advanced technology and expertise.

Funds in less than 48 hours

A Woolworths loan is fairly quick to obtain and you can make an online loan application in minutes. The lender will inform you of the outcome quite quickly. Once you submit all required documents and the signed loan agreement, the granted cash amount will be transferred to your bank account. You will receive the funds in less than 48 hours.

Borrow between R1 000 and R30 000

You can borrow between R1 000 and R30 000 with the Woolworths quick personal loans. You can take out a sufficient amount of money for paying past due bills or for making repairs to your house. The maximum repayment term is 5 years. If it is shorter, you will have to pay higher monthly instalments, but you will save on interest.

The interest rate

The interest rate is determined individually for each borrower based on their credit history. It is important to note that the rate is floating. Your monthly payments are likely to change over time so you have to be prepared for this. Check the maximum instalment amount and ensure that you can afford to pay it.

The loans offered by this lender are revolving.

This means that you will be able to redraw any amount of money up to the total sum which you have repaid already. You will be able to top up the instant loan as well. This is a great flexibility to have, but you have to be extremely disciplined in order to avoid getting into debt. The conclusion of this review is that Woolworths personal loans are among the most flexible which you can find. They are fairly speedy as well.

 Contact Details

Adderley St & Strand Street, Cape Town City Centre, Cape Town, Western Cape, 8001, South Africa
Ph: 021 481 7111 / 0861502010
Fx: 021 407 3995
Em: [email protected]
Em: [email protected]

 Opening Hours

  • Monday 07:00 – 18:00
  • Tuesday 07:00 – 18:00
  • Wednesday 07:00 – 18:00
  • Thursday 07:00 – 18:00
  • Friday 07:00 – 18:00
  • Saturday 09:00 – 17:00
  • Sunday Closed –