Cash loans with no credit check can be a lifesaver for people who need quick access to cash but have bad credit or no credit at all. However, it is important to be aware of the high interest rates and fees that are often associated with these types of loans.
10 No Credit Cash Loans in South Africa: Compare Lenders and Get the Best Rates
Here is a list of the top 10 cash loans no credit check lenders in South Africa:
Lender | Loan amount | Interest rate | Contact information |
---|---|---|---|
Wonga | R500 to R10,000 | 30% per month | 0860 111 777 |
Capfin | R200 to R8,000 | 25% per month | 0861 227 346 |
Finchoice | R200 to R8,000 | 25% per month | 0861 346 100 |
EasyPayday | R500 to R8,000 | 25% per month | 0860 003 279 |
NetCredit | R2,000 to R10,000 | 25% per month | 0861 11 3279 |
CashAdvance | R500 to R10,000 | 25% per month | 0860 555 000 |
Raining Bails | R500 to R8,000 | 25% per month | 0860 724 677 |
Cash Crusaders | R500 to R10,000 | 25% per month | 0861 627 427 |
Budget Loans | R500 to R8,000 | 25% per month | 0861 473 671 |
1st Credit | R500 to R8,000 | 25% per month | 0861 111 111 |
Cash Advance South Africa | R500 to R10,000 | 25% per month | 0861 100 000 |
Please note that these are just a few of the many cash loans no credit check lenders in South Africa. It is important to compare the loan terms and conditions from different lenders before choosing a loan.
Here are some detailed descriptions of the top 3 cash loans no credit check lenders in South Africa:
Wonga
Wonga is one of the most popular cash loans no credit check lenders in South Africa. Wonga offers loans from R500 to R10,000 with a repayment term of 3 to 12 months. The interest rate on Wonga loans is 30% per month.
To apply for a Wonga loan, you must be a South African citizen or permanent resident, at least 18 years old, and have a valid bank account. You can apply for a Wonga loan online or over the phone.
Capfin
Capfin is another popular cash loans no credit check lender in South Africa. Capfin offers loans from R200 to R8,000 with a repayment term of 3 to 12 months. The interest rate on Capfin loans is 25% per month.
To apply for a Capfin loan, you must be a South African citizen or permanent resident, at least 18 years old, and have a valid bank account. You can apply for a Capfin loan online or over the phone.
Finchoice
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Finchoice logo |
Finchoice is a cash loans no credit check lender that specializes in small loans. Finchoice offers loans from R200 to R8,000 with a repayment term of 1 to 6 months. The interest rate on Finchoice loans is 25% per month.
To apply for a Finchoice loan, you must be a South African citizen or permanent resident, at least 18 years old, and have a valid bank account. You can apply for a Finchoice loan online or over the phone.
Conclusion
In South Africa, people with bad credit or no credit score can also get loans.
These loan are called no credit cash loans.
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