Guiding consumers since 2009


Apply for a loan through Justmoney.

What is a loan?

A loan is a borrowed sum of money that can immediately assist with costs like buying your dream home or car, furthering your studies, or footing unexpected costs.

There are two types of loans – secured and unsecured.

A loan is considered secured when the borrower pledges an asset as collateral in the event that they default on their payments. For example, a home loan is tied to the value of your home and if you are unable to make your payments, the creditor can repossess it.

An unsecured loan, on the other hand, is considered an agreement that is not backed by an asset. Examples of this include personal loans or consumer loans. Unsecured loans have higher interest rates because creditors cannot rely on an asset to compensate them if you default on your payments.

Why a Loan?

A loan can be used for a variety of things, such as your dream car, home renovations, or covering unexpected medical expenses. If you cannot afford an item upfront, a loan will help you benefit from it at once, while allowing you to systematically pay it off. 

Aside from the typical loan spends like a car, home, or student loan, many people also acquire debt to cover things like a vacation or a wedding.  Here’s a simple rule of thumb for taking on debt – only go into debt when absolutely necessary or for appreciating assets.

Examples of good reasons to take out a personal loan include paying for unexpected medical expenses or home renovations.

The trick to managing a loan is ensuring you can make the repayments. If you want a loan because you are struggling to pay off other debts, then debt consolidation or debt counselling is more suitable.

Loans through Justmoney

You can apply for a loan through a variety of traditional financial institutions, like banks and credit unions. But nowadays, non-banks are offering safe and simple loans at the click of a button. These institutions allow you to access your statements online, as well as make your payments electronically.

So where does Justmoney fit in? We act as a bridge between you and your ideal loan provider.

The success of your application depends on several factors, such as your: credit score, repayment history, and affordability. To get your application going, all we need are details like: 

  • your full name
  • ID number
  • cellphone number
  • gross salary
  • loan amount
  • email address

Justmoney has partnered with trusted lenders to bring you the best deals for your loan requirements – whether you are interested in a personal loan, home loan, or vehicle finance.

If you have any questions about loans, refer to our handy loans guide or get in touch with us on our Contact Us page.

Ask our experts

Personal Loans Expert
Our personal loans expert from Standard Bank is here to answer all of your personal loans related questions.
Ask a question
Home Loans Expert
Our home loans expert from ooba is here to help you with your home loan, bond and mortgage related queries.
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Personal Loans Learn More
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Student Loans Learn More
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The guide below helps to explain loans. If you still have questions after reading the guide, ask our loans expert or you can also visit our FAQ page.


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