Easy Payday Loans and Payday Advances in South Africa
Whether you're looking for a payday loan in Cape Town or anywhere in South Africa, we've got you covered.
Payday Loans Made Easy
We care about your financial well-being, hence loans being limited from R500 to R3000! This will allow you to get some financial relief but also limit your indebtedness.
No Hidden Fees Period.
We are transparent about the fees involved. There are no hidden charges or surprises. You'll know exactly what you are borrowing, the associated costs, and the repayment terms upfront.
National Credit Regulator
Our loan provider is fully registered and compliant with the NCR under NCRCP16530. for your peace of mind.
- Fees - 15% p/m on Loan
- Interest - 5% p/m on Loan
- Annual Percentage Rate (APR) - 42.62%
- Minimum Period To Pay: 61+ Days
- Maximum Period To Pay: 91+ Days
What You Pay
A Representative Example
You borrow R1000 on 23 June to be payable by the agreed date. In this case we will take the 25th of July as the repayment date as it is a quick loan for an emergency.
With an interest rate of 5% p/m and fees of 15% on the loan amount for the month, the total amount you need to repay by the 25th of July would be R1200.
That is a total of R50 in interest and R150 in fees.
This is an APR 42.62%
Requirements for to Apply
Bank Statements (3 Months)
Each payday application must be accompanied by your LATEST 3 Months bank statements.
Example: when you apply for a personal loan/payday loan on the 1st of August. Your bank statements must be up until the last day of July when you submit your application.
Affordability
Your credit record and financial affairs need to be in order to enable you to legally apply for a loan.
If you cannot afford the loan due to a poor record, or being in default on other loans we cannot assist you with more debt.
Employment
Part of the application process requires you to submit your latest payslips and your Employer contact information.
We need this information to verify your earnings to determine if you will be able to afford the payday loan.
Contact Information
Naturally, we need to be able to make contact with you to provide you with the payday loan details so that you can quickly access the loan once the terms have been accepted.
So it is important that your contact details are correct.
Benefits of Our Payday Loans
Like Fiona in Cape Town stated: “very friendly, quick and helpful service from the start. All questions explained thoroughly. I will highly recommend”.
Secure & Online
Get a payday loan in South Africa securely and conveniently online. No need to visit a physical location or wait in long queues. Our user-friendly platform ensures that your personal information is protected, providing a safe and hassle-free borrowing experience.
Fast Access to Funds
When you need cash urgently, our payday loans offer quick access to funds. The application process is streamlined, and once approved, the money is transferred to your bank account promptly. Say goodbye to lengthy approval times and hello to speedy financial assistance.
Registered Credit Providers
Our Service Providers are registered credit providers, operating in compliance with the regulations set forth by the governing authorities. Trust that you are dealing with a reputable company, ensuring responsible lending practices and fair treatment of customers.
Transparent Fees
At every step of the process, we are transparent about the fees involved. There are no hidden charges or surprises. You’ll know exactly what you are borrowing, the associated costs, and the repayment terms upfront. Clarity is our priority, so you can make informed decisions with confidence.
Apply Here
Complete and Upload the below Information to Apply:
(All Information remains confidential)
Please upload your bank statements for the last 3 months up to the current date.
By agreeing to the terms and conditions of the loan agreement you authorize the creditor to contact your employer to discuss and set up a payment arrangement to recover the outstanding amount owed to the creditor.
How the Payday Loans Process Works
We provide a simple yet easy-to-follow process to access payday loans, so you can focus on what is important. We have a quick 3 steps to follow:
Step 1
Determine the Amount and the Duration of the Loan.
Step 2
Complete the Easy Short Online Form and Submit the Required Documents.
Step 3
See the Loan Amount in Your Account!
*Subject to Approval and Vetting
Why EasyFunding?
Quick and Easy Process
Get your payday cash loans and paycheck advance from Easy Funding, all over South Africa. Apply for an instant payday loan online and get a quick payday advance in no time.
Fast Approval
Your approval is all managed online, with the click of a button. Available 24/7.
Accredited Providers
Your trust is important to us, as we are dealing with your hard-earning money. We only work with fully National Credit Regulator-accredited financial service providers.
Too Much Month for Your Salary?
Don’t worry, we’ve got you covered. Our payday loans provide quick cash to help you bridge the gap until your next paycheck.
With hassle-free application and fast approval, you can get the funds you need in no time.
Our Loan Provider(s) are registered with the National Credit Regulator NCRCP16530.
Improve Your Financial Knowledge
Knowledge is power. It is important that you understand the financial landscape and how different products and services work. This will improve your ability to select the right product that meets your needs.
Go to our Blog and improve your financial knowledge, Today.
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