Products
Unifi Personal Loan
Unifi offers unsecured personal loans of up to R12,000 for first-time customers and up to R24,000 for returning customers, repayable over three to nine months. The whole process is online: the application takes about five minutes, you get an instant decision, and approved funds are paid straight into your bank account, often within minutes.
Wonga Short-Term Loan
Wonga offers unsecured short-term loans from R500 to R5,000 for new customers, repayable over up to three months. Once you have borrowed and repaid, you can apply for up to R8,000 over up to six months. The application is entirely online, takes a few minutes, and if you finish before 5pm the cash can be in your account in as little as 15 minutes.
Bayport Personal Loan
According to JustMoney, Bayport Financial Services now lends mainly through the Bayport Consolidation Loan, which rolls several debts into one fixed instalment deducted from your salary. It is open to government employees and staff of selected private-sector employers that partner with Bayport. Bayport does not publish its rates, loan limits or terms online, so your amount, term and rate are set out in a personal quotation.
Letsatsi Finance Personal Loan
According to JustMoney, Letsatsi Finance and Loan is a branch-based South African lender, operating since 1999, that offers one-month loans of R500 to R7,000, short-term loans of R500 to R7,000 over two to six months, and long-term loans from R3,000 over 7, 9 or 13 months. You need to be 21 to 60, earn at least R3,500 a month and have been permanently employed for more than six months.
PEP Personal Loans
You can walk into a PEP store with your ID and three payslips and walk out having applied for a loan of up to R50,000. It is one of the most accessible ways to apply for credit in South Africa, and for many people it is the only lender within walking distance of home. But the loan is not a PEP loan in the strict sense. PEP is the shopfront. The credit provider is Capfin, and the agreement, the interest and the debit order all belong to Capfin. Knowing that changes what you should compare, what you should ask in store, and where you go if something goes wrong.
RCS Personal Loan
RCS offers unsecured personal loans from R2,000 to R300,000, repayable over 12 to 60 months. Interest starts at 15% a year and is fixed for the full term, and RCS says approved money can reach your account in as little as 15 minutes. The application is online and paperless, with a provisional answer in minutes.
Old Mutual Personal Loan
Old Mutual offers unsecured personal loans of up to R250,000, repayable over 3 to 72 months at a rate fixed for the full term. You can apply online, in a branch, over the phone or on WhatsApp, and Old Mutual says approved loans are paid out within 24 hours. The lender is Old Mutual Finance (RF) (Pty) Ltd, a registered credit provider under NCRCP35.
SmartSolve Finance Personal Loan
SmartSolve Finance offers short-term personal loans from R3,000 to R6,000 with repayment terms of 3 to 5 months. With a fixed interest rate, no hidden fees, and no forced credit insurance, SmartSolve is designed to help you bridge a temporary cash flow gap quickly and transparently. SmartSolve Finance is a JustMoney-approved lender.
Capfin Personal Loan
Capfin offers affordable personal loans of up to R50,000 with fixed interest rates and repayment terms of 6 to 24 months. Part of the Pepkor Group, Capfin provides a simple online application process with funds typically disbursed within 48 hours of approval.
Sanlam Personal Loan
The Sanlam Personal Loan lets you borrow between R5,000 and R350,000 with flexible repayment terms of up to 84 months. Backed by one of South Africa’s most established financial services brands, this unsecured personal loan comes with a fixed interest rate and an included Personal Protection Plan. Find out more about the Sanlam Personal Loan via JustMoney.
Absa Personal Loan
Learn about Absa personal loans in South Africa, including interest rates, fees, benefits and how to apply for flexible funding of up to R350,000.
Nedbank Personal Loan
Learn about Nedbank personal loans in South Africa, including interest rates, fees, Greenbacks rewards, optional credit life and how to apply.