Minimum and maximum loan periods vary between 1 months and 6 months. Percentage Rates vary between 5% per month and 38% p.a. Total interest and fee repayments vary over the life of the loan. All rates quoted are 30 days. For more information regarding fees, visit or contact the provider.
Hoopla loans in South Africa
Hoopla Loans Company is one of South Africa’s leading online loan brokers. They help you get a loan from the best lender that matches your needs. You get the loan on the same day that you apply. Hoopla is not a lender, but they compare different lenders and banks.
As soon as you complete Hoopla’s online application form, Hoopla will send it out to trusted and reputable lenders. This gives you a higher chance of getting your loan approved since many of these lenders will consider your application. Whether you have a bad or better credit score, Hoopla loans can be a great solution to your financial problems. You can receive money in your bank account in just minutes.
Lastly, you save money since Hoopla Loans Company doesn’t charge any fees whatsoever.
How to qualify for a Hoopla loan
To qualify for any Hoopla loan, you must be:
- above 18 years;
- a SA citizen or resident;
- permanently employed;
- receiving a salary or monthly income that is more than R5000;
- willing to undergo a credit check; and
- not be under debt review.
What do you need to apply for a Hoopla loan?
- South African ID;
- Email address; and
- Cell phone number.
How to Apply for a Hoopla loan
- Use the calculator on this page to find out your monthly repayment, then click on the “Go To Site” button. You will be taken to Hoopla’s secure online application form.
- Provide the required personal details (loan amount, address, payment details etc.).
- Click on “Get My Loan.”
- A panel of lenders associated with Hoopla will look at your application. You can receive a loan approval through a call, email, or SMS.
- Once you receive a loan offer, you sign it online.
- The money is then sent to your bank account via Hoopla in just minutes. However, your application may take up to 4 hours for same-day loans transfer.
Hoopla offers fast and convenient payday loans
Hoopla’s payday loans may be the best option in South Africa for you. They are short term, instant loans that help you solve temporary financial problems. They have to be paid back within 6 months.
Depending on your income and credit rating, the loan amount you get varies from R100 to R8,000. However, payday loans usually have higher interest rates and need to be repaid as quickly as possible.
Hoopla offers a safe online loan application process
Hoopla uses a high tech and advanced electronic system that is very secure. Your data is always encrypted, and all the lenders you access through Hoopla are legitimate. Hoopla has a 100% safe website where you can apply for quick, personal loans.
Why are Hoopla loans the best choice for you?
- They can help you if can’t get a loan anywhere else due to bad credit.
- You have many loan offers to choose from, and they all have flexible and affordable repayment terms.
- Hoopla Loans Company charges zero fees.
- You usually receive money on the same day of application (although some lenders can take at least 4 days to fully process your loan application).
- All lenders associated with Hoopla are registered with the National Credit Regulator.
- Your application is made online.
- You can use the money you receive for any purpose you want.
Hoopla loans explained
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