Compare Personal Loans

In South Africa, personal loans allow flexible use, short- to moderate-term repayment options and relatively quick funding. They also aren't secured against any asset such as your home or car. For a South African, borrowing money through us is quick and easy. Simply submit one application form and our systems will scan multiple lenders on our panel, in seconds, to find you the best personal loan deal in South Africa. Get funds in your account today!

Why Apply Through Us?

  • Wide choice of top South African lenders
  • Affordable repayment options
  • Funds can be used for any purpose
  • Quick pay-out of funds to your bank account

What is a Personal Loan?

In South Africa, an unsecured loan does not require you to attach any physical assets as security, such as your home or car. This option is better than secured loans because you take less risk as a borrower.

There are many ways to borrow money in South Africa. For example, you can use credit cards or re-mortgage your house. However, a personal loan is a good option if you are looking for a fixed monthly payment for a specific period. Compare options online with us today to get the best deal.

Top Questions...

What is the maximum amount a South African can borrow?

Here at Fat Cat Loans South Africa, you can apply online for an amount of up to R8,000 on our website. Some lenders offer no paperwork loans and some also offer no credit check loans. The lender will review your financial situation and credit score to make a lending decision.

These types of loans may allow you to borrow more than credit cards. So that you know precisely what you are paying each month, the interest rate is often fixed. As a result, you may be able to make overpayments or the entire loan in full if you need to pay it off sooner.

You can compare South African online lenders with our matching service. Our personal service allows you to get a customized list of the best online options with the lowest interest rates that suit your needs, rather than filling out multiple applications only to have them rejected.

How do I go about applying?

To apply, simply complete our online application. After that, we'll match you with one of our South African partners or service providers, who will process your application, decide whether to fulfill your request, and contact you.

How long will it take to be approved?

Depending on the type of borrowing option you apply for, you could have your funds in 1 to 3 days, or even on the same day. To receive your funds as soon as possible, ensure that you fully complete your application and promptly provide your lender with any additional information or documentation that they may require.

Do I have to pay anything upfront?

No. It is illegal to request upfront payments in any form. It is most likely a scam if you are ever asked to do this by a lender. Do not give them your personal or financial information and report them to the South African Anti-Fraud Centre.

How will I get my money?

Once you've been approved by the online lender with whom you were matched, your money will be deposited directly into your personal bank account.

Is it necessary for me to provide security?

No, it isn't. The type of loan you want determines this. Borrowers with collateral, such as a car, are more likely to get a larger amount. But we work with lenders who don't require personal security.

Can I get personal loans for bad credit?

Yes. FatCatLoans takes personal pride in partnering with lenders across the country to provide residents in South Africa, regardless of credit history, with the funds they require. Keep in mind that some products may necessitate a specific credit score as well as a personal credit check. Without your express permission, no lender can or will check your credit.

What can a South African do with their online loan?

If you are approved for an easy instant loan, you are free to use it for whatever personal purpose you see fit. However, in South Africa, if you apply for a more specific loan, such as an auto loan, you must use the funds for its intended purpose.