Top 8 Online Loan Providers In South Africa 2018

Top 8 Online Loan Providers In South Africa 2018

Top 8 Online Loan Providers In South Africa 2018

We have compiled a list of the top 8 online loan providers in south africa, and what they offer to their clients.

1) LoanFinder


LoanFinder have been serving South Africans for over six years. Through their Online Lenders, They process more than 500 000 loan applications per year, resulting in just over R11 billion worth of loans approved.

Their winning track record has Made them a leading name when searching for a loan online. They also provide a Financial Counselling Programme, Legal and ID Assist and a full credit report  to their free loan-finding service, and this has become a favourite among all their customers when searching for a loan.

At LoanFinder, They only use reputable, credible moneylenders/brokers who are-in their own right-leaders in the micro loan industry. They offer a high standard of service,which will ensure transparency and fairness throughout your loan application process online.

LoanFinder 4-in-1 Plan

Loan Finders 4-in-1 Plan consists of a Financial Counselling Programme, Legal and ID Assist, quarterly credit report and free loan-finding service. The cost for the plan is a once-off initiation fee of R395, with a monthly fee of R88. An upfront loan-finding service is provided to their clients and the Legal and ID Assist Is activated immediately upon completion of the application, as they are confident in their service and would like you, as a member, to be covered for any legal advice and / or ID fraud.

For more information on Loanfinder CLICKING HERE!!

2) Loans Unlimited


Since 2007 Loans Unlimited have been helping thousands of our Platinum Club Members find the best cash loans at the lowest interest rates.

Thei Platinum Club members enjoy access to our resources on budget setting and debt management. They have also joined forces with reputable debt managers and loan consolidators who help our Platinum Club members manage their debts effectively. They only use reputable loan facilitators who will ensure you receive the best treatment and the most competitive rates.

Platinum Club

Their Platinum Club consists of online resources for debt management, budget planning, income building resources and credit reports as well as our free loan-finding service. The cost for the Platinum Club is a once-off R397 and a monthly fee of R109 per month after that. The Loan-finding service is offered to you upfront, as there is no cost for this service. Access to the Platinum Club Client Centre activate once the fee has been paid.

Platinum Club Benefits:

By joining the Platinum Club you will receive the following:

    • Access to the Platinum Resource Centre with reports on budgeting, debt management and income generating ideas
    • Access to our free loan-finding service.
    • Priority Access to Budget-Saving techniques.
    • Access to lower insurance rates via our insurance network partners.
    • Access to qualified and specially trained debt management services.
    • A Free Will & Testament
    • Access to our Wealth Managers
    • Great Deals on Cellphone Contracts

For more information on Loans unlimiteds CLICKING HERE!!

3) Loan SA


They have developed the fastest way to apply for a loan.Their online loan process only takes 3 minutes to complete. What makes them unique is their service package that has a wide range of services for you.

They even assist clients that have a poor credit rating, garnishee and defaults. There is no need to submit any documents as the entire process is done online. One of their key products that is included in your membership is thei legal assist services, you will receive unlimited telephonic legal services, contract assist services.

You can use your Loan SA loan for whatever you like: Home improvements, Debt consolidation, School fees, Business, Family emergency, Medical, Wedding or even a vacation.

Their SERVICES Include;


Apply for a Personal Loan and get up to R150 000 paid to your bank account.


Apply for Vehicle Finance even if you are blacklisted and buy your dream car.


Apply for Debt Consolidation and we will settle all your accounts for you and you will only pay one installment.

They offer a 4 in 1 package which includes a q-assist Program, Free Loan Finding Service and a Full Credit Report and legal advice services. This affordable package is available for R359.00 once-off and a recurring membership fee. Their 4-in-1 Service Package offers you the following benefits. A comprehensive credit report, q-assist program as well as a free loan lending service as well as legal advice services. You can use their services as long your debit order is paid every month.

Comprehensive Credit Report

As part of their 4-in1 Service Package, we offer a comprehensive credit report.

Their report shows you the following info: 

  1. 1. Personal Information
  2. 2. Summary of all accounts
  3. 3. Sumamry of all judgements
  4. 4. Summary of all loans
  5. 5. Summary of all searches done


  1. 1. You’ll know your credit rating
  2. 2. Be informed of bad debts
  3. 3. Have a shield between you and creditors
  4. 4. Be protected as a consumer

Q-Assist Program

As part of Their 4-in-1 Service Package, they offer you various referral services.

Legal Advice Service (Legal Assist)

As part of Their offering they offer legal advice to all our members. Legal advice can cost you large sums of money and we take this burden off you. Often people do not know what their rights are and find it daunting to access the right legal channels to resolve disputes. This leads to many people ignoring their legal problems, in the hope that it will go away. Or they simply hope it won’t happen to them. Research reveals that 9 out of 10 people will need legal assistance in their lifetime, but when considering that the Court only finalizes about 55% of its cases within a year and on average, litigation attorneys charge over R2000per hour, it becomes clear that most people are left without recourse.


  • 1. 24 hour emergency legal advice helpline
  • 2. Civil matters advice
  • 3. Criminal matters advice
  • 4. Family matters advice
  • 5. Labour matters advice
  • 6. Lease agreements – Drawing up of agreement
  • 7. Sales agreements – Drawing up of agreement
  • 8. AOD – Drawing up of agreement
  • 9. Wills – Drawing up of agreement
  • 10. Lawyer referral

For more information on Loan SA CLICKING HERE!!

4) Boodle

Short term Loans As a new client you can borrow up to R3000.00

Boodle offers some financial breathing space. Their temporary loans are a quick, safe and affordable way to bridge the gap between pay days, so you don’t have to miss out on any of life’s many-splendored experiences.

They know that in life, things happen – beautiful things, unexpected things… expensive things. That’s where they come in!

For more information on Boodle CLICKING HERE!!

4)Lime Loans 

” – an online loans service you can use to get a loan around the clock, seven days a week.”

Lime24 is a online loan provider which was created by a team of people with similar idea and extensive experience in the fields of I.T and finance marketing.

“Lime24 online service is owned by Lime Loans South Africa (Pty) Ltd, registered in the Republic of South Africa, with the Companies and Intellectual Property Commission, registration number 2015/239349/07 and the National Credit Regulator, registration number NCRCP8077. The company operates “

For more information on Lime Loans CLICKING HERE!!

5)Udu – Smart Online Loans

LOANS OF UP TO R150 000 Udu – Smart Online Loans

Getting a loan from a reputable institution used to be a long process involving call centres and long waiting periods for a decision, resulting in unnecessary periods of not knowing where you stand.

Udu (pronounced “You Do”) was created to offer an online self-service loan management portal and the unique Udu digital platform uses the latest technology to make all processes quick, easy to use and to understand. It enables anyone to take out a loan completely electronically. The power is at your fingertips.

Udu is an associate business of the Direct Axis Group, a strong link that ensures reputable service.

Direct Axis SA (Pty) Ltd, an authorised Financial Services Provider who manages and administers Udu Personal Loans on behalf of RedDirect (Pty) Ltd, a registered Credit Provider NCRCP8391.

For more information on Udu – Smart Online Loans CLICKING HERE!!

6)RCS loans

cash loan of up to R125 000 by RCS Loans

Whether you’re looking for extra cash for car repairs, your studies or even a wedding, trust RCS to make it possible. An RCS Loan gives you access to:

A cash loan of up to R125 000
Flexible repayment options (from 12 to 60 months)
Fixed monthly installments
Decision in seconds
Cash in your account within 24 hours
Fast and easy paperless process
Free monthly statement via email or SMS
Customer Protection Insurance for your peace of mind
Interest at 28% (max) per annum
Representative example: Credit amount of R7 500 borrowed for 24 months. Annual Interest Rate: 28%. Initiation fee (charged upfront): R800. Monthly service fee: R68, 40 Total Amount payable: R13 475. 39.

For more information on RCS Loans CLICKING HERE!!

7) Wonga

Wonga offers “Flexible, short-term loans that give you back control”.

“Up to R4000 for new customers, up to R8000 for existing customers, now with 6 months to pay”.

What you’ll need:
    • A cell phone number
    • SA ID number
    • Bank account details
  • Last 3 months proof of income

“Choose your loan amount and term and get started”.

They Are Flexible

You can save interest by repaying your short term loan early. If things go wrong, we’re here to help you find a solution.

They Are Committed To You

We lend responsibly, treat our customers fairly, and help people make sense of their money.

They Are Transparent

There are no hidden charges. We make all our fees completely clear upfront before you apply.

They Are Here To Help

Any questions? Call us on
0861-966-421. Email us .
Or, read our FAQs.

For more information on CLICKING HERE!!

8) Mpowa Finance

How it works With MPOWA

Applying for the first time with MPOWA

Step 1

“Complete the online application by 3PM today and create your account. A loan contract will be emailed to you immediately”.

Step 2

“Sign your documents Online and retrieve/ upload your latest 3 months bank statements or Payslips”

Step 3

“We will call your for a voice recording of your contract details. Cash hits your account at 5PM”!


“The loan amount will be repaid in full on your payday by debit order. You may login and Reapply for a new loan each month once your loan has been repaid”.

For more information on Mpowa Finance CLICKING HERE!!

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