One loan provider we can surely recommend to you is Wonga loans. They are a UK based company that have recently moved into the South African market and provide loans up to R3000 to new customers. Existing customers can apply for loans up to R8000.
The nice thing about them is that through their website, you can determine the repayment date and immediately see how much interest and fees you are going to pay. The online form is very easy to complete and you can get an answer between 10-20 minutes.
For anybody looking at personal loans for any reason, be sure to look at Wonga, since they offer great service and provide you with small loans that can just help you through a difficult period or provide you with that extra money to get those final renovations done or for whatever reason you might require the loan for.
They are only one company that do offer this service and there are numerous companies in South Africa that offer personal loans. You do get two types of loans and they are secured and unsecured loans. Secured loan generally are from financial institutions like banks and in South Africa, there are various banks but the top 5 banks are FNB, ABSA, Standard Bank, Nedbank and Capitec.
You can read all the latest reviews about their loan offering on our website, so be sure to go through to view all the latest details related to the products.
Other financial institutions also offer personal loans, but these are generally unsecured loans and we will be reviewing more of the companies shortly, so be sure to check back weekly.
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Short-term loans up to R3000