Apply for a personal loan in South Africa and we will match you to the right partner

• Identity Verification: To take out a personal loan in south africa you generally need to submit a valid South African ID or passport to confirm your identity. 
• Proof of address: A recent utility bill or bank statement with your current address is necessary to verify where you live. 
• Income Verification: Lenders typically request proof of income to ensure you can repay the loan. This can include recent payslips, a letter from your employer, or bank statements reflecting consistent income deposits. 
• Credit History: While not always mandatory, some lenders may ask for your credit report to assess your creditworthiness. Make sure your credit report is current and accurate if requested.
• Bank Statements: Most lenders will require bank statements from the past three months to evaluate your financial stability and spending patterns.
• Other Required Documents: Depending on the lender, additional documents such as employment proof, tax returns, or a comprehensive list of your outstanding debts may be necessary.

• First, let’s clarify the difference between a cash loan and a personal loan. While the terms may sound different, they essentially refer to the same product: unsecured loans that you can take out to cover various expenses. These loans can either be short-term or long-term, but the basic mechanism remains the same.
• A “cash loan” might give the impression of being a quick and easy loan with less paperwork, but in reality, you’ll still need to provide documents, such as your bank statements, proof of identity, and proof of income.
• At FindBetter, we also offer access to payday loans, which are a different type of loan. Payday loans are very short-term, typically taken out between now and your next payday. Due to their short-term nature, payday loans are usually smaller, require fewer documents upfront, and come with higher interest rates. Many people apply for payday loans online, as the process is often quicker and involves less paperwork.

Personal loans in South Africa should not be used as solutions to long term financial difficulties.

Personal loans are not intended to be used to manage existing debt. If you have issues paying back existing debts, FindBetter has Debt Counselling solutions for you to consider as a better alternative to taking out a loan

Late repayment of any loan will likely incur an extra cost to you and may negatively affect your credit rating.

• Only take out a small or quick 6 month personal loan if you are confident you can comfortably repay the full amount on time on the agreed repayment days.

Whether you need a quick short-term quick loan or a larger loan for up to 5 years, we can help. Just fill out our quote form with the amount you want to borrow, your personal details, and your ID number for a credit check. Our system will take your loan application and match you with the best lender for your needs. If one lender doesn’t approve, your application automatically goes to the next. Depending on the documents required, you could get your money the same day.