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Payday Loans in Western Cape

Looking for payday loans in Western Cape? Simplify your search with CompareLoans.

Simply input your desired loan amount in the calculator below, hit “Calculate Repayment” and start browsing the displayed lenders.

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FinChoice MobiMoney for R1000

1 month
to 3 months
R100
to R6,000
Unknown
Monthly
R476 p/m over 3 mths Inclusive of fees
MobiMoney gives you access to up to R6,000 - when you need it. It's FREE to activate. Only pay for what you use. Same-day withdrawals of between R100 and R6,000. Repay over 1, 2 or 3 months. To qualify, all you need is an SA ID, SA Bank Account, be permanently employed earning more than R7000 monthly.
MobiMoney gives you access to up to R6,000 - when you need it. It's FREE to activate. Only pay for what you use. Same-day withdrawals of between R100 and R6,000. Repay over 1, 2 or 3 months. To qualify, all you need is an SA ID, SA Bank Account, be permanently employed earning more than R7000 monthly.

Fasta Loans for R1000

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.

FinChoice MobiMoney for R1000

1 month
to 3 months
R100
to R6,000
Unknown
Monthly
R476 p/m over 3 mths Inclusive of fees
MobiMoney gives you access to up to R6,000 - when you need it. It's FREE to activate. Only pay for what you use. Same-day withdrawals of between R100 and R6,000. Repay over 1, 2 or 3 months. To qualify, all you need is an SA ID, SA Bank Account, be permanently employed earning more than R7000 monthly.
MobiMoney gives you access to up to R6,000 - when you need it. It's FREE to activate. Only pay for what you use. Same-day withdrawals of between R100 and R6,000. Repay over 1, 2 or 3 months. To qualify, all you need is an SA ID, SA Bank Account, be permanently employed earning more than R7000 monthly.

Lime24 Loans for R1000

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.
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 R1000

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.

Wonga Loan for R1,000

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.
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.
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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.

Payday loans in Western Cape – South Africa

If you are looking  for a payday loan in Western Cape, read through and learn how to get the extra cash you need for emergencies or urgent expenses.

What are payday loans in Western Cape?

Typically, payday loans have the following features:

  • Small amounts. Most lenders offer a maximum of R4000 or R8000. You can also borrow even lower amounts starting from R100 or R500.
  • Short term. Short term loans are paid off quickly with repayment periods of 4 days up to 6 months. Most loans are repaid as soon as your salary comes in.
  • High interest rates. This is compared to personal loans and vehicle loans.

How to compare payday loans in Western Cape

To choose the best loan option for your needs, use the following factors when comparing loans:

  • Processing times. How quickly can you get the loan?
  • Online application. Can you apply online and receive money in the comfort of your home?
  • Loan amounts and terms. Does the loan offer the amount you want and do you have enough time to pay it back?
  • Repayment. How much do you have to pay back? Use our payday loan calculator to find the repayment cost of your loan. Use the sliding tools to input your loan amount and term, then click the “Calculate Repayment” button.

What you need to apply

General requirements include a minimum age of 18 years and employment with a regular, monthly income. You must also provide the following documents:

  • Payslips and bank statements;
  • Copies of a valid South African ID; and
  • Proof of residence.

How to apply for your payday loan online

Find the right “Go to Site” button for your desired lender in the comparison table above and visit their website with one click. Usually, the online application process involves filling in a short application form and uploading documents.

Payday loans in Western Cape – Frequently asked questions

Can I get instant payday loans in Western Cape Town?

Some South African lenders offer instant loans where you can receive money in your account in as little as 2 minutes after loan approval. Most payday loans are quickly processed, usually within 24 hours or on the same day of application.

Can I get payday loans for the blacklisted in Western Cape?

Payday loans usually don’t involve credit checks, so you’ll likely be able to apply if you have a bad credit score or a low credit rating. However, payday loans for the blacklisted are often associated with high interest rates.

How do I use my cash loan?

Most payday loans are for short term emergencies that require small amounts of money, for example, minor car repairs and short hospital visits.

How do I pay back the loan?

Lenders usually deduct the money automatically from your account on due dates. You could repay the loan in one instalment or via several instalments depending on the lender.

What other fees and charges are associated with payday loans?

Standard charges include initiation fees, monthly service fees, and VAT.

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