Important disclosure

Payday Loans for R4000

Borrowing R4,000 can be quick and easy. South African lenders offer a variety of loan options that could help you.

Our loan calculator below was designed to help you calculate the monthly payment of your desired loan amount over a specific period of time. This way, you can deduce what loan combination is better for you. The loan term can easily be moved with the toggle while you can input the expected loan amount. Give it a quick try today.

Calculate repayments

Improve your credit score and get your R4000 loan with CreditGenie

1 month
to 5 years
R1,500
to R150,000
n/a
Yearly
Credit Repair: R117 Inclusive of fees
Do you need to improve your credit score in order to get a loan? CreditGenie may be able to assist. They can provide you with your credit score, assist in repairing your credit score (for R395 Once-off or R117 per month) and match you with the right loan using their complimentary Loan Assist service.
Do you need to improve your credit score in order to get a loan? CreditGenie may be able to assist. They can provide you with your credit score, assist in repairing your credit score (for R395 Once-off or R117 per month) and match you with the right loan using their complimentary Loan Assist service.

MPOWA Finance Loan for R4,000

7 days
to 38 days
R600
to R5,000
0.00%
Monthly
Earn more than R10,000 per month? Then you may be eligible for a zero % interest rates for your first loan! Successful applications received before 3pm will receive money in their accounts by 5pm the same day. All applications are online.
Earn more than R10,000 per month? Then you may be eligible for a zero % interest rates for your first loan! Successful applications received before 3pm will receive money in their accounts by 5pm the same day. All applications are online.

Fasta Loans for R4000

1 month
to 3 months
R500
to R8,000
5.00%
Monthly
FASTA Cash, right into your bank account. Apply online and get approval in minutes! Use the cash for whatever you need. Repay in up to 3 instalments. Fasta is not a payday lender, but a revolutionary South African Fintech, offering you a new payment method for online and in-store purchases. Through innovative technology, FASTA provides you with access to credit in minutes.
FASTA Cash, right into your bank account. Apply online and get approval in minutes! Use the cash for whatever you need. Repay in up to 3 instalments. Fasta is not a payday lender, but a revolutionary South African Fintech, offering you a new payment method for online and in-store purchases. Through innovative technology, FASTA provides you with access to credit in minutes.

Improve your credit score and get your R4000 loan with CreditGenie

1 month
to 5 years
R1,500
to R150,000
n/a
Yearly
Credit Repair: R117 Inclusive of fees
Do you need to improve your credit score in order to get a loan? CreditGenie may be able to assist. They can provide you with your credit score, assist in repairing your credit score (for R395 Once-off or R117 per month) and match you with the right loan using their complimentary Loan Assist service.
View fees & additional info +

*/ ?>
Do you need to improve your credit score in order to get a loan? CreditGenie may be able to assist. They can provide you with your credit score, assist in repairing your credit score (for R395 Once-off or R117 per month) and match you with the right loan using their complimentary Loan Assist service.

MPOWA Finance Loan for R4,000

7 days
to 38 days
R600
to R5,000
0.00%
Monthly
Earn more than R10,000 per month? Then you may be eligible for a zero % interest rates for your first loan! Successful applications received before 3pm will receive money in their accounts by 5pm the same day. All applications are online.
View fees & additional info +

*/ ?>
Earn more than R10,000 per month? Then you may be eligible for a zero % interest rates for your first loan! Successful applications received before 3pm will receive money in their accounts by 5pm the same day. All applications are online.

Lime24 Loans for R4000

5 days
to 36 days
R300
to R5,400
5.00%
Monthly
Have a job? Need cash fast? With Lime24's advanced technology in place, the loan is fast and approved in just 5 minutes. What you need to apply: Be 18+, access to your bank account, 3 months of bank statements and offical RSA ID.
View fees & additional info +

*/ ?>
Have a job? Need cash fast? With Lime24's advanced technology in place, the loan is fast and approved in just 5 minutes. What you need to apply: Be 18+, access to your bank account, 3 months of bank statements and offical RSA ID.

Fasta Loans for R4000

1 month
to 3 months
R500
to R8,000
5.00%
Monthly
FASTA Cash, right into your bank account. Apply online and get approval in minutes! Use the cash for whatever you need. Repay in up to 3 instalments. Fasta is not a payday lender, but a revolutionary South African Fintech, offering you a new payment method for online and in-store purchases. Through innovative technology, FASTA provides you with access to credit in minutes.
View fees & additional info +

*/ ?>
FASTA Cash, right into your bank account. Apply online and get approval in minutes! Use the cash for whatever you need. Repay in up to 3 instalments. Fasta is not a payday lender, but a revolutionary South African Fintech, offering you a new payment method for online and in-store purchases. Through innovative technology, FASTA provides you with access to credit in minutes.

Wonga Loan for R4,000

4 days
to 6 months
R500
to R4,000
5.00%
Monthly
New customers can borrow up to R4000, and up to R8000 for existing customers; now with 6 months to pay. What you'll need: A cellphone number, SA ID number, bank account details and most recent proof of income.
View fees & additional info +

*/ ?>
New customers can borrow up to R4000, and up to R8000 for existing customers; now with 6 months to pay. What you'll need: A cellphone number, SA ID number, bank account details and most recent proof of income.

Boodle Loan for R4,000

1 day
to 42 days
R100
to R4,000
5.00%
Monthly
We want to make applying for a Boodle loan as fuss-free and fast as we possibly can. So to help us get your Boodle loan in the bank quickly, simply follow our step-by-step process.
View fees & additional info +

*/ ?>
We want to make applying for a Boodle loan as fuss-free and fast as we possibly can. So to help us get your Boodle loan in the bank quickly, simply follow our step-by-step process.

GetBucks Loans for R4000

1 month
to 6 month
R1,000
to R8,000
Unknown
Monthly
GetBucks helps you to manage your credit profile and your budget while offering personalised credit based on positive payment behaviour, which allows for better repayment terms.
View fees & additional info +

*/ ?>
GetBucks helps you to manage your credit profile and your budget while offering personalised credit based on positive payment behaviour, which allows for better repayment terms.

Finance27 Loans for R4000

7 days
to 50 days
R500
to R4,700
5.00%
Monthly
Borrow from as little as R500 right up to R4000 and receive your loan instantly. From Cape Town to Kathu Fasta offer secure cash advances to help you achieve the financial freedom you need.
View fees & additional info +

*/ ?>
Borrow from as little as R500 right up to R4000 and receive your loan instantly. From Cape Town to Kathu Fasta offer secure cash advances to help you achieve the financial freedom you need.

Southern Finance Loans for R4000

7 days
to 50 days
R100
to R4,700
5.00%
Monthly
Southern Finance offer quick and convenient solutions for any short-term financial issues you may have; from paying unexpected bills to home repairs, and any other emergencies that crop up in everyday life. You can borrow up to R4000 or as little as R500.
View fees & additional info +

*/ ?>
Southern Finance offer quick and convenient solutions for any short-term financial issues you may have; from paying unexpected bills to home repairs, and any other emergencies that crop up in everyday life. You can borrow up to R4000 or as little as R500.
results per page

CompareLoans.co.za provides factual information in relation to financial products. While CompareLoans.co.za attempts to make a wide range of products and providers available, it may not cover all the options available to you. Moreover, we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. All product information comes from the product provider or publicly available information and to the best of our knowledge is correct at the time of publishing. The information published on CompareLoans.co.za is general in nature only and does not consider your personal objectives, financial situation or particular needs and is not recommending any particular product to you. If you decide to apply for a product you will be dealing directly with that provider and not with CompareLoans.co.za. CompareLoans.co.za recommends that you read the relevant product disclosure statement or product guide before taking up any financial product offer. For more information please see CompareLoans.co.za's Terms of Use and Services Guide.

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.

Features of a R4000 payday loan

With the South African cost of living rising daily, it’s easy to find yourself in need of quick cash from time to time. Sometimes you may need that quick cash in the form of a R4000 payday loan.

A R4000 payday loan can, therefore, help you to deal with unexpected cash shortages while you wait for your monthly salary. To find out if a R4000 loan is the best option, check out the features associated with this loan amount.

Common features of R4000 payday loans

  • Short repayment period. With a R4000 loan, the lender expects you to pay the full amount and fees within a short period. This period does not usually go beyond 6 months. Generally, you have to start paying back the loan as soon as your next payday arrives or within 30 days.
  • Expensive fees. Payday loans attract very high-interest rates and fees, so you should borrow only what you need and make the repayment as quickly as possible. If you fail to make or delay a payment, the lender can charge costly late payment fees.
  • Easy application and fast approval. Payday loans are easy to apply for. Most lenders offer secure online application platforms and fast responses, and your loan approval can take less than 24 hours.

What you need to apply for a R4000 payday loan online

Most South African payday loan lenders will require you to provide some or all of the following:

  • A valid South African ID. (You should be older than 18 years).
  • Previous payslips
  • Bank statements
  • Proof of residence

What are the fees for a R4000 payday loan?

  • Initiation fee: 16.5% on the first 1,000 and 10% thereafter, R465
  • Interest rate: Typically 5% per month, R200, or 3% for existing customers
  • Monthly service fee: Around R60 per calendar month
  • VAT: 15%, charged on the initiation and monthly fee, R78.75
  • Estimated total repayment: R4,803.75 if repaid in 30 days

Final costs may vary a little between lenders. However, as you can see from the comparison table above, most lenders charge a very similar amount. If you repay the loan over a more extended period, interest and monthly fees will change the monthly repayment amount.

How to get the best option when applying for a R4000 payday loan

  • Always keep in mind that quick payday loans should solve small or emergency cash problems. As such, you should only borrow a small amount that you can repay comfortably.
  • Pay attention to the additional fees that the loan provider is charging. These extra fees add up, and you might end up paying more for your loan than you budgeted for. This will result in you receiving a smaller amount of your salary when you get paid.
  • Make sure the repayment terms do not affect your other debts. If you have other instalment loans and you fail to pay them off because of the payday loan, your credit score will be negatively affected.
  • Check the loan terms and conditions to make sure you fully understand the borrowing and repayment process.
  • It is best to carry out some quick online research and find out if a particular lender offers authorised financial services or not. This helps you to avoid unreputable lenders who try to take advantage of desperate borrowers.

How to apply for a R4000 payday loan

After comparing the loan options available on our list of featured partners, the next step involves submitting your application to the lender you have chosen. To begin, simply click “Go to Site.” This button directs you to their website and applications page.

There you will be required to fill in your details on the online application form provided. Once you submit your form, you will know within hours if your loan has been approved. Provided that it’s a business day and the application is made during business hours you are likely to receive your loan on the same day.

Can you get a R4000 loan with bad credit?

Payday loan providers usually offer loans for bad credit. However, they also need bank statements or your payslip information. This helps them to see how much you earn and therefore how much they can give to you. This process is usually automatic, and credit checks rarely carried get out.

Pros of R4000 payday loans

You can expect the following benefits when you take out your R4000 loan:

  • Quick turnaround time

You can have your loan approved and sent to your bank account within one business day. Some lenders might even be able to send money in as little as half an hour. This will be very useful if you’re trying to secure urgent money.

  • Easy to compare payday loan options

Comparing your options is quite easy online. You just need to look at the features on offer from various lenders and apply for the one that is well suited to your needs. If you meet their requirements, you can start your application immediately.

  • Quick and simple application

The application process can be done online anywhere and in a matter of minutes. You can also receive instant approval from some loan providers.

  • No collateral required

A R4000 payday loan is a type of unsecured loan. There is no need to offer your car or any other valuable asset you own as security for the loan.

Cons of R4000 payday loans

R4000 payday loans have the following disadvantages:

  • Dishonest lenders

Not all lenders operating in the online space have good intentions. Watch out for unusually high service charges or payments that are not clearly justified.

  • Higher fees

Payday loans attract higher interest rates and therefore, higher total costs than unsecured personal loans. It’s important to decide whether you truly need a loan before submitting your application.

  • The payday loan borrowing cycle

Because it is easy and convenient to apply for and receive approval for these loans, some individuals get stuck in a cycle of taking payday loans regularly. Others even use funds from a payday loan to pay off personal loans. This is not responsible borrowing since it can lead you further into debt.

How do you repay your R4000 payday loan?

Your lender will take care of the repayment process if you permit them. This means the lender can place a direct debit order on your account. When money is deposited into your account on your payday, instalments that are due automatically get deducted.

When repaying your R4000 loan, you typically have two options. For the first, you can repay the loan in one instalment. Alternatively, you can pay off the loan with several instalments that cover a longer loan term. However, you should remember that the longer the loan term, the more your interest will be.

Popular payday loan searches