Looking for instant cash loans? Find the best instant loan providers in South Africa reviewed below….
What are Instant Cash Loans?
Like the name would suggest, instant cash loans are personal loans that are generally approved immediately and without any paperwork, but do carry a higher interest payment. There will probably also be additional charges such as an initiation/setup fee – the various providers will have different names for this, but be sure you are aware of all payments before applying.
How To Apply For Instant Cash Loans?
The main benefit of an instant cash loan is – of course – that you get the cash instantly, without having to wait weeks for the approval process to be completed. There are quite a few options to do this even quicker online or on your mobile – we will look at the best providers in a minute.
Other than a couple of minutes to complete the online application form, you will need a valid SA id, a valid bank account and a cell phone number!
Instant Cash Loans South Africa
So where can you get fast cash loans locally without running the risk of being exploited by a unscrupulous loan shark? Well there are a couple of options you might consider…
Boodle – offering very much the same rates and loan amounts, Boodle is a good 2nd alternative if you’re having issues with Wonga.
Finally, if you’re looking for a loan but are unsure of how to proceed because of a bad credit rating, SA Personal Loans can help in finding you an instant cash loan for bad credit.