Payday Loans in South Africa In 2024

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loans to payday

II. Sunshine Loans

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III. Mi Payday Loans

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IV. Wonga

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V. MyMulah

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VI. Payday Loan Joburg

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VII. Moepathutsi Financial Services

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VIII. Koodo

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IX. Hoopla Loans

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Who doesn’t want a comparison table? Here you have it. take time and analyze, only then you shall be able to make a better-informed decisions .

Product NameLoan AmountLoan DurationApplication ProcessApproval TimeCustomer ServiceCredit Check Required
Sunshine LoansR500 – R4,0004 days – 49 daysOnline and SimpleWithin one business dayOnline account access and supportCredit history considered
mipaydayloansUp to R4,000N/AOnline and EasyN/AOnline support and physical addressCredit check required
Wonga.co.zaUp to R4,000N/AQuick and Easy OnlineN/ACustomer support and loan comparisonCredit check required
MyMulahUp to R4,000 (new customers) Up to R8,000 (existing customers)N/AQuick and Easy OnlineSame day if applied before 15:00pmCustomer assistance through chat box or messageCredit check required
Payday LoansN/AN/AOnline and Documentation RequiredN/AN/AN/A
Moepathutsi Financial ServicesN/A1 month – 2 monthsOnline and Contact OfficeN/AContact support through provided detailsCredit check required
KoodoN/AN/AQuick and Easy OnlineN/AContact support through provided detailsCredit check required
Hoopla LoansR100 – R250,000N/AQuick and Easy OnlineWithin a few hours to a few daysN/ACredit check required

Addressing Common Myths About Payday Loans

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