Rating based on 992 reviews


image of Cobol
image of Cobol

Cobol is a registered credit provider with South Africa’s National Credit Regulator: NCRCP7055

About – Cobol

Cobol is always looking to assist customers who need quick loans because we know how hard it must be to be looking for financial help with limited resources

The amount is up to you

It is essential to have an idea about the amount you would like to loan. Once you know the amount, it will make your cash loan easier to process. Getting a short-term loan is one of the easiest procedures our country has to offer. It is often simpler to apply for a loan online because it reduces the time taken off work and it is even quicker to process.

We have been in the operation for a number of years. To date, we have never failed our clients with poor service because we are nothing without them.

How to get a Cobol loan

In order to qualify for our loan services, you need to be a South African citizen. After completing the online application, the money will be deposited into your bank account if your application was successful.

Services – Cobol

The charges and interests are calculated according to the amount of the loan you have applied for. However, we keep our charges on a minimal.

The last thing we want is to see that our clients aren’t able to pay other financial obligations they have. This is the reason why we always urge our customers to ensure that they have calculated everything in their budget. If this is the case, maybe you need to rethink getting a short term loan.

Affordability assessment

While everyone wants to get approved, we need to look at your credibility. This speaks to say if you have too much on your plate, we might request that you settle some of your other loan obligations before coming back to look for credit. There will always be a reason that would accumulate in you requiring additional cash. However, nothing is worth you getting in more debts for.

Interest Rate

From 0 %

To 0 % Per annum

Loan Amount



Repayment Term

0 days

0 months

Summary of Services

  • SHORT-TERM Loans 
  • QUICK Cash Loans

Cobol can loan you a fast advance to settle your cash problems

Once your loan application has been given the green light, you can then decide how you would like to settle the credit.

Normally, clients prefer paying it off in monthly instalments because it is usually easier and less costly this way. Another option you might take an interest in is combining all your debts and consolidate them into one monthly instalment.

Debt consolidation

The advantage of consolidation is exactly that – everything is combined into one credit plan. Although the interest may be slightly higher, it will be for one amalgamated loan. Therefore, inquire more about this option and explore it if you are keen.

Don’t be afraid to approach us when you need extra money. We are always willing to help you no matter the severity of your problem. We are a lender that understands that everybody needs a little financial push from time to time.

Choose the amount and the money is yours

After you have decided on the amount you want, the money will be made available at your disposal within a day. Getting our short term cash loan has never been easier. At the end of the day, we know that you usually want to use the money right away so we will ensure that you get cash quickly to attend to your affairs.

How do I qualify?

As long as you are above the age of 18 years, work and have an operating bank account, your loan could be available in a matter of hours. Complete our online application and see whether you meet our criteria or not.

Customer Reviews & Testimonials

 Contact Details

702 Boland Bank Building, 18 Lower Burg St, Cape Town City Centre, Cape Town, Western Cape, 8001, South Africa
Ph: 021 421 8811
Fx: 086 668 7572
Em: clientcare@cobol.co.za

 Postal Address

PO Box 2961, Cape Town, 8001, South Africa

 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 – Closed
  • Sunday – Closed