Important disclosure

Compare Southern Finance Loan Products

Southern Finance provides loans online and easily all across South Africa.

Simply use the slider below to select your desired loan amount and click “calculate repayment” to view your likely repayments.

Calculate repayments

Loan Amount


Southern Finance Loans for R1000

Estimated Month Repayments
Interest Rate
Repayment Period
7 days
to 50 days
Loan Amounts
to R4,700
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. provides factual information in relation to financial products. While 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 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 recommends that you read the relevant product disclosure statement or product guide before taking up any financial product offer. For more information please see's Terms of Use.

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.

All about Southern Finance loans

At one time or the other, you might find yourself in need of some financial assistance. Maybe it’s a bill that just popped up, or some critical equipment is malfunctioning. If you are going through a similar situation, a short term loan can be something to consider.

Southern Finance can provide you with fast cash when you need it. The company gives short term loans that have flexible repayment terms. These loans can help you to deal with your cash shortages. All you have to do is make sure you pay back the money within the agreed period.

What types of loans are offered by Southern Finance?

Southern Finance specialises in short-term and payday loans. You can apply online for these quick loans and get your approval in no time at all. Once your loan application is approved, you will get the money in your account on the very same day.

These loans are especially useful if you have emergency expenses that you need to address. You can quickly apply and get approved, then pay the money back on your next payday. Since these loans are online, you can even make the application from the comfort of your home. You never have to leave and visit a branch at all.

What are the fees associated with Southern Finance loans?

After you get approved, the loan amount can be paid straight into your bank account. If you want the money to be made available instantly, you will have to pay a small amount of R57. This can be very convenient since you will not have to wait for the transfer to be processed.

When can you apply for a Southern Finance loan?

The loan application process is automated, which means you can even make your application after working hours. This gives you enough time to take a look at your finances and determine the amount of cash that will be enough for what you are facing. Being able to apply any time also gives you more control over the application process since you won’t be in a rush to catch any closing times.

What are the requirements for Southern Finance loans?

  • You have to be gainfully employed;
  • You should provide proof of income;
  • Although you can get a loan with bad credit, it’s helpful to have a good credit report;
  • A government-issued valid South African idea; and
  • You have to agree to the terms and conditions of the loan’s contract.

What other information is required by Southern Finance?

  • Contact details;
  • Physical address;
  • Postal address;
  • Employer details; and
  • A breakdown of your income and expenses.

How much can you borrow from Southern Finance?

Southern Finance offers loans from R500 to R4000. You can comfortably use these loans to deal with home repairs, hospital bills, utility bills, and other small cash emergencies. You have to make sure that you will be able to pay back the money you borrow since these are short term loans.

How to apply for a Southern Finance loan

The Southern loan application process is done online. All you need to do is click the “Go to Site” link for Southern Finance on this page. You’ll be directed to their online platform where you can submit your application.

Once you apply, all you have to do is wait for a response. Once the application is approved, the money will be deposited in your account within a day. If you want the amount to be made available to you instantly, you will have to pay a small fee.

Quick tip!: At CompareLoans, we recommend using our fast and convenient Southern Finance repayment loan calculator before you apply. It lets you know the estimated monthly repayment for your loan, which helps you choose the best loan for your situation.

How to pay back the Southern Finance loan

Southern Finance makes it very easy for you to make repayments on your loan. When you apply and get approved for the loan, the lender will set up a debit order. What this means is the money will be automatically taken from your account each month,

This saves you from having to make the payments yourself or depositing cash into the lender’s bank account. The money will be deducted once your salary comes in.

What are the advantages of Southern Finance payday loans?

  • The application is made online, so there is no need to leave your house and travel.
  • You can apply for the loan at any time since the online platform is available 24/7.
  • Southern Finance can offer loans of up to R4000, which is enough to cover most small expenses.

What will happen if you do not pay back your loan amount in full?

Failure to pay back the loan in time will result in a fine of R50. You will also get 5% interest added to your loan amount every month you don’t pay. If you do not make your payments for two consecutive months, the lender will hand you over to a third-party debt collector.

Advantages of paying back your loan on time

  • It increases your credit score;
  • You have a better chance of getting a loan renewal; and
  • Your chances of getting finance with other credit providers are also improved.

Frequently asked questions

What are some of Southern Finance’s loan requirements?

You should be a South African citizen who is employed with a valid bank account and over 18 years of age.

What is the maximum and minimum loan amount?

As a new client, you can get anything from R500 to R2 500. If you pay back the loan, you will qualify for up to R4 000 the second time around.

How long does it take to receive the money?

Once your loan is approved, you can get the money within a single day (24 hours). To speed up the process, you can pay R57 to get the cash instantly.

Can I get a loan if I have bad credit?

Southern Finance performs credit checks, but they can still assist you even if you have bad credit. Other factors are considered since it’s a short term loan.

Is my information safe with Southern Finance?

Southern Finance is registered with the National Credit Regulator in South Africa. They are a reputable lender, and they will not leak your information to any third parties.

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