Compare Your Options For Online Loans

An online loan is an unsecured personal loan that can be applied for and obtained completely over the internet, usually with no need for paperwork.

Each online lender has its own credit criteria and minimum eligibility, just like traditional lenders. You can find small loans online, as well as no credit check loans, bad credit loans, consolidation loans, and more. All 100% online!

We help thousands of people each day to search and secure the best online loans in South Africa in minutes.

  • Secure Online Application
  • No Obligation
  • Instant Approval Options
  • Over 10,000+ Loans Funded
  • More Reasons To Get A Quote:

    • We provide access to emergency cash loans online
    • We search multiple South African lenders in seconds
    • Get instant online approval
    • All credit histories considered

    Frequently Asked Questions

    What is the fastest way to get an instant loan?

    The fastest way to get an instant loan is to apply for an online loan with a same-day lender.

    Many of our lenders offer same-day funding. Following online approval of your application, it can take between 1-5 business days for the money to reach your account. The timing of your approval will vary depending on the bank you use. Lenders can take up to seven days to approve or reject your application. If you delay uploading required verification documents, you could delay the process.

    South African credit unions and traditional banks that have accounts may be able to get the money in your account within 24 hours of approval. However, they may take longer to review and process applications, and some financial institutions do not offer personal loans. That’s why online loans are most likely the fastest way to get your money.

    Can I get an instant loan with bad credit?

    Our South African lenders can lend to those with bad credit. But, even then, you might need credit scores in the low-500s to mid-600s, which could place you at the end of the "very poor" and "fair" credit score categories. You may need to ask a close friend or relative who is creditworthy to co-sign on your application, or search for other lending options.

    Is it safe to get a loan online?

    Many internet lenders are trustworthy and reliable, but you should always beware of scammers. Scammers may try to promise you money, regardless of your income or credit rating.

    Search for reviews from South African third parties and check if the company has a Better Business Bureau rating. You can also find out the experience of working with the lender by reading reviews and reviewing complaints.

    Be cautious when borrowing money online with a high-interest rate such as 60 to 200% APR. Lenders can offer term loans at these high rates in most states, and they advertise that they are cheaper than quick loans. However, high-rate installment loans may still prove costly and difficult to repay. Always read the terms of your loan!

    I’m looking for loans near me, can you help?

    Yes! No matter where you live in South Africa, we can help. Our application process is done completely online, which means you can apply online from anywhere within South Africa, from the comfort of your own home and receive an instant lending decision.

    Before applying, make sure you check your loan offers

    FatCat is a great way to compare loan offers and lenders quickly. We will match you with personal loans from its lender panel based on how much you wish to borrow online and what repayment terms you prefer.