Skip to main content

Consolidation Loans

Today we are going to be looking at consolidation loans in closer detail, due to the huge number of requests we have received about more this topic.

This type of loan is relatively new to the loan industry, but more and more companies seem to be offering this product and today we are going to be looking at these types of loans in general and we be featuring more debt companies in the coming weeks and months.

Consolidation loans generally entail that you take out 1 consolidated loan from the financial institution and only have to repay the 1 loan.

Through this loan all your outstanding debts are settled and thus you do not have to worry about paying multiple creditors monthly and only need to repay the consolidation loan instalment monthly.

There are various financials institutions offering this service and most of the well-known are all the major banks in South Africa. Each offering a different type of product and thus their terms and conditions will vary.

We suggest that you do read more about each type of loan on the various websites of these companies and visit all the major banks like FNB, Capitec, ABSA, Nedbank and Standard Bank.

Consolidation has helped so many people due to the fact that they managed to stay out of debt and avoided the risk of being blacklisted due to non-payment of an instalment to a creditor. We are going to be looking at the various companies and will providing you with detailed reviews and news related to their product offering.

Lendico Loans (Review)

We have been following Lendico for the last couple of months and we are truly impressed with the service they are offering. They have brought a unique p2p lending website to South Africa and by the looks the things; they are surely making a stir in the lending industry.

Lendico was started in Germany and have opened up in Spain and now South Africa and people seem to love the idea to apply online and let investors determine if they are willing to invest etc.

The great thing for me about Lendico is that they help both companies as well as private individuals to finance their loans. These types of websites aren’t new to the business and international sites like Lending Club have been around for a while, but Lendico truly offers South Africa the first glance p2p lending.

Another great feature is that Lendico checks every loan request against the person’s credit rating, thus offering effective execution. The categories listed for loans vary from loans from education, home renovating, debt consolidation, real estate, moving etc., thus ensuring a viable loan option for people who need money and can’t always get that loan from a bank.

So be sure to look at Lendico if you are in need of a loan.

Bank or Short Term loans?

It seems that during 2018 consumers still flock to payday loan companies to assist them with loans instead of banks.

The main reason for this could be that banks have very strict regulations on borrowing and it’s definitely much more difficult to get a loan from a bank than from a Short Term loans company.

That said it is crucial that you only look at the best and prominent payday loan companies out there, like Wonga.

Wonga is currently ruling the Short Term market with loads of television and radio adverts as well as competitions etc. They are also a multinational company with offices in the UK, Spain, South Africa and Canada.

The biggest difference between using a payday company or bank is that you can get a loan much quicker from a payday company and without any documents and you can apply online and get an instant decision within minutes.

Consumers should always have a clear vision on how they will be able to repay the loan and should definitely stay away, if they cannot afford to.

If you do require a Short Term loans, then you should only look at Wonga in that regard, since you know they will offer world class service and they have been around for a while now and only continue to grow.

Short Term loans offer quick and instant access to funds, but if you do feel that you require a secured loan form a bank, please do so and contact your nearest branch to find out what documents are required.

Wanna Loan (Online Review)

A lot of people have been asking us to do a review on Wanna loan, so we decided to give you our feedback and review regarding the new wanna loan website.

Wanna loan has followed in the same footsteps as other loan companies online and created sliders on their website, whereby people can determine how much they need to repay, depending on the the loan term and amount required.

You can then exactly see how much you need to pay in interest and fees. In comparison, they offer loans up to R3000 and the max days to repay the loan are 37 days. The minimum term you can apply for a loan is 5 days.

Wanna loan is certainly making allot of waves in the loan industry and by the look of their website, they are here to stay. With their catchy name, wanna loan is surely drawing allot of attention and people are comparing all the instant loan websites out there with one another, to see where they can get the best rate and service.

So be sure to look out for them online and remember that will be keep you updated in any news and links to the best loan websites in South Africa.

Capitec Loans

Capitec has emerged as one of the loading loan providers in South Africa and we have been getting allot of enquiries regarding Capitec loans and that’s why we decided to write an informative article about their loan options.

Capitec offer personal loans up to R230 000 over a term of 2 to 84 months, depending on your requirements. The amount that you will qualify for will largely depend on your credit profile and affordability and you can apply within a ranch of any Capitec Bank in South Africa.

Allot of people are currently looking at Capitec loans since there aren’t many banks out there that offer loans up to R230 000 and this is why Capitec has become a very interesting alternative for personal loans.

You will receive fix monthly repayments from Capitec which makes it easier for you to plan and fir the repayment in to your monthly budget.

To apply you would need your identity document, proof of residential address, salary slips and a 3 months of bank statements. Capitec loans are certainly becoming a good alternative and you can look into them, but also feel free to explore other personal loan options online.

We personally bank with Capitec and have found their service to be of the utmost quality and for anyone looking into Capitec, can rest assured that you are in good hands. They are constantly looking into new personal loan offers and this was the information we were able to find online regarding their loans, so be sure to check in regularly for more exciting new on Capitec.

If you do feel that you want to apply for a personal loan with them, be sure to read through all the contracts to make sure that you understand everything that is involved in the terms of the loan. We always advise all our clients to read the terms and conditions of every loan application, just to make sure that you understand everything that is involved.

Wonga Loans

Are you looking for a personal loan? If so, we’ve got a great review of one of the leading South African lenders, named Wonga. Visit on your mobile device or desktop computer.

South Africa is a leading destination for online searches involving loans and personal loans. Given the tough economic climate, many people find it difficult to manage their cash flow in these stressful times.

While there are many companies that offer personal loans in the market at present, there are very few that really provide great service and product offerings.

One main standout is Wonga (, which has been around for a few years. Wonga was originally founded in the United Kingdom by two South African entrepreneurs who later decided to bring their business idea back to their home country.

Wonga has, to date, provided over 3 million loans in South Africa. This is a phenomenal fact, and Wonga continues to be one of the best personal loan companies in South Africa.

Wonga offers loans up to R4000 for new customers, and up to R8000 for existing customers.

With Wonga, loan applicants can apply online from the comfort of their own home. Wonga ( offers great service both during the loan application process as well as the repayment process, and you can always login to your account at any time or contact them directly to answer any questions or queries you might have.

Boodle Loans

Boodle has been around for a while now and offers people instant loans, within minutes.

They offer anyone the opportunity to apply for a loan up to R2500 and with a very user friendly website; people can apply online with no documents and get feedback very quickly in regards to your approval.

Boodle Loans have just had great reviews and people are very happy with their service and options and when the customers are happy, you can be sure you are in good hands.

The great thing about Boodle is the fast and efficient service and getting feedback and approval quickly is crucial for anyone looking for a loan.

Currently there are quite a few instant loan companies online and only a few offer great service and loan options. Boodle are one of those and for anyone looking for a loan, be sure to look at Boodle Loans.

They have proven themselves over the last years and will truly one of the upcoming loan companies in the future in South Africa.

We are going to be regular updates during this year on all the latest personal loan companies and will be providing these reviews to you right here.

We will also be following Bridge loans closely and will be able to tell you about their latest products and service reviews.

So make sure to bookmark our site and visit us weekly for all the latest posts related to loans in South Africa.

Where to get an Instant Loan

Currently there are quite a few loan companies online, but there are only a selective few that qualify to be mentioned on our site.

The reason for this is that these loan companies we feature offer truly great instant loan options. One in particular is Wonga and they offer people the ability to use their sliders to determine what their repayment terms are going to be.

They have enabled this feature for people by the use if sliders and with these options, they can select the loan amount their require up to R2500 for first time users and then by selecting the payment date, be able to view the interest that they are going to charge over that period.

Wonga Loans have truly taken South Africa by storm and with more and more people opting to go for Wonga South Africa to provide them with a personal loan; they just seem to be growing every month.

Wonga first started in the UK and have opened South African office with great success. They offer people in the true sense of the word, instant cash loans and enable people to repay them on the next payday.

This basically works perfectly for people who require a personal loan immediately and then enable them to repay the small loan once they receive the next pay check.

Wonga Loans truly offer a great service and we can recommend them to anyone looking for an instant cash loan.

Online Loans (South Africa)

Online loans have basically overtaken offline loan applications over the last couple of years and the biggest reason for this is accessibility.

People want to get something done immediate and with online loans, you are able to go the website for your chosen personal loan company and apply online and within minutes get a result to determine if you do qualify for an instant loan or not.

Online loans give people the option to apply and get that result to enable them to rest assured that the personal loan company will contact you and setup all the necessary arrangements to get that cash into your bank account and determine the interest and repayment terms.

Online loans takes allot of hassle out of the loan application process, since people can apply within the comfort of the home or office and not have to go through standing in a queue and taking 1 or 2 hours out of their day to get the process started.

In this day and age, everything is about quality service, when you need it and if you can offer that service as a personal loan company, people will use you and keep on coming back for more.

So for anyone looking for an instant loan, be sure to look online for the personal loan and feel free to have a look at the instant cash loan companies we feature on our website.

Instant Cash Loans

We have created this informative website to help people choose the best personal loan company to assist them with an instant loan. There are various loan companies out there, but a few in our opinion, offer great service and are cost efficient.

Now the term instant cash loans refer to loans being offered by personal loan companies on a basis that approval gets done very quickly and you can apply online and know if you are approved or not very quickly. This trend have grown, since in the modern age, people want to get things done allot faster and know that when they want something, they can get it very quickly and this apply to personal loans as well.

Instant Cash loans offer people the opportunity to get either small loans or relatively large loans up to R150 000 very quickly to assist them with that home renovation or those additional funds they might need for whatever reason.

It is crucial for anyone looking for an instant cash loan, not to get that loan, if you cannot afford it, so basically if you don’t have the capacity in your monthly budget to repay the instant loan. Now allot of people opt for payday loans, which basically means that they will repay the loan once they receive their next pay check, which enables them to get access to funds immediately and repay the loan with interest a month later.

Larger loans are offered over various months ad with the personal loan, people general pay more interest, but it all depends on what you need and where you are financially at, to be able to repay the instant loan. We hope you enjoy our instant cash loans website and watch this space, since we will be adding new articles and links almost on a daily basis.

We have been getting allot of great feedback regarding our website and we would like to thank everyone for all the compliments and suggestions. We will continue to offer you the best advice on instant cash loans and please feel free to contact us with any questions or comments from your side.