EC Loans

EC Loans understand the demands of today’s world.

They've been assisting clients with quick loans for years. They use their experience in the financial world to better process and create loan products for clients, with the aim to make life a lot easier and more affordable.

EC Loans is in the business of providing quick loans to South African consumers.

Their up-to-date technology allows them to process and approve loans in record time for your convenience.

Quick approvals with EC Loans

Too many debts to pay off? Perhaps you have bad credit and you need a little extra cash to make it through the rest of the month.

Apply for a bad credit loan with EC Loans and get the best and most affordable loan options available to South Africans.

EC Loans is committed to finding you the loan solution that’ll suit your needs. They pride themself on a 90% approval rate and quick approval time to ensure that you get the cash you need when you need it.

They're focused to find a loan that will get you what you want when you need it. EC Loans is all about convenience and know that when the need for financing arises, time is of the essence.

Therefore they’ve digitised the entire process so you don’t have to waste time standing in long queues. Discover more about EC Loans and how their loan application process works by visiting their website.

Competitive interest rates

EC Loans deliver instant loan approvals and products that are affordable and offer competitive rates and repayment terms.

They aim to encourage responsible lending and ensure that they carefully assess affordability before approving a loan.

Their solutions can help you to get rid of debt build-ups and cash shortages with ease. You'll have a handful of experienced consultants and top-quality products on your side.

EC Loans unsecured online loan options are intended to give you a chance to get the cash you require urgently.

It's also important to pay your credit off over reasonable terms. This allows you to quickly and easily resolve your cash emergency. EC Loans offer a choice of personal loans for bad credit to get you out of troublesome financial circumstances.

Get a loan when you need it with EC Loans

In the event that you have a bad FICO rating or no credit record, a bad credit advance is the perfect online loan option for you.

This sort of loan is intended for individuals keen on contributing or buying something they can't manage the cost of immediately, yet can't get financing from larger banking firms in light of their bad credit record.

EC Loans quick loans explained

This loan option can give you fast access to cash amounts between R1,000 and R120,000 with tailored and flexible repayment terms of between 12 months and 84 months. The annual interest rate ranges from a minimum of 32.10% and a maximum of 60%.

Cost of an EC Loans credit agreement

• Insurance of 1.25% of the monthly opening balance
• R57 monthly service fee
• Depending on affordability, a once-off service fee of approximately 2.00%

An example of a R30,000 quick loan from EC Loans

Depending on your credit rating and affordability, a loan of R30,000 over 24-month repayment term will have a minimum instalment amount of R1,749.34 and a maximum instalment of R2,006.88.

The same loan amount over a repayment term of 60 months will have a minimum instalment of R1,043.07 and a maximum instalment of R1,257.51.

Need a cash injection to make ends meet?

This alternative is perfect for those looking for an advance or to increase their bank balance. You may be having an intense month and need a cash injection to keep you afloat before your next payday.

EC Loans have amazing short-term loan options to help you during these financially challenging times. Their vision is to help and guide you as much as possible to reduce bad credit.