Boodle Loans is a micro lender that is widely regarded as the first online loan provider to launch in South Africa. The institution has built a loyal customer base since it was launched.
Boodle offers quick cash advances of up to R2500. The minimum amount that can be borrowed is R100. The institution strives to be one of the best SA Payday loans by providing South Africans with quality loan solutions. Although individual creditworthiness is taken into account in the application process, the institution won’t automatically disqualify you if you have bad credit.
The actual process of applying is purely online and takes approximately 6 minutes to complete. Applicants will be notified of the outcome of the application within 24 to 48 hours.
To apply for Boodle Loans you need to be at least 18 years of age and you need to have an active South African bank account. You’ll need to provide your valid South African ID, your active cellphone number and a valid email account.
Wonga is a market leader in the SA payday loans industry. Founded in the UK in 2007, Wonga has provided more than one million loans.
Offering a transparent, flexible, user-friendly approach, Wonga also has a mobile application option available.
Wonga is the cheapest SA payday loans provider, with a simple application process for loan amounts of up to R4000 that can be done online. The application is an entirely paperless process that takes less than 5 minutes to complete by visiting the website www.wonga.com
To qualify for a payday loan from Wonga you need to be at least 18 years or older, with regular income and living in South Africa. You need to have an active bank account, a valid email address and an active cell phone.