Easy Online Loans and Cash Loans

Part of the appeal of online loans is that they can be approved by financial institutions very quickly. Once your online cash loan is fully approved the loan can be available in your banking account within hours.

What you need to know about online cash loans.


Here at Mr Cash Loans we mainly deal in online loans and cash loans also known as: loans, cash loans, personal loans and easy loans. All of our loan products are unsecured loans, meaning that you do not need surety in the form of an asset, such as your house or car, to secure your loan.

Online cash loans is a term that is used to describe, fast loans that can be obtained online, with no need for you to do any branch visits, making it an easy and convenient quick fix for those looking for fast finance.

Sometimes there is nothing you can do, no matter how hard you try to move it down the list of options available to you, taking out a loan can be the fastest solution to your financial problem. You might be thinking of asking that long time friend of yours, but asking people you know is embarrasing. At some stage we have all been there, and the word borrow has got a certain feel to it, that does not sit well with friends and family.

Taking out an online loan can be a tool, if used wisely, just think of someone trying to get a side venture going, or the student that was able to take her exam. To people like that online loans can be a tool to further their ambitions.

Completing an online loan application on the internet is quick and simple. There is no longer a need to be concerned about waiting in long lines or making your way through the unfair lending practices of the larger banks. If you have difficulty in getting loans approved come to us for excellent service and fast approval. Cash loans can get you the cash you need in short order if you qualify. The ability to take back control of your finances is now squarely within your hands. Most credit providers offers these types of loans nowadays and you can easily and coveniently apply for one of these, anytime, anywhere, by just completing an online application form, with no need for you to do any branch visits.


Our Loans Explained:


So, how will we be able to assist you in obtaining your unsecured loans online?

Well, the answer to that question is actually not as difficult as you think. The first thing that you need to do from your side is to complete our online cash loan application form. With this information we will be able determine whether or not we can assist you with a loan and guide you through the rest of the steps. The final steps can be completed via email.


Some loan companies will promise you instant cash or a instant loan,

but in most cases a loan aplication takes a day or so to process, as all credit providers need to adhere to the NCR(National Credit Regulator). Normally during that time your credit risk profile will be checked as well as your affordability will be verified. That is why we will request certain documents from you, for verification purposes. (You can scan and email the documents to us, as we do not need your original documents for loan approval.)

Completing an online loan application on the internet is quick and simple and once all the checks are completed and your loan is approved,  you can normally have the loan in your banking account within hours.

Please have a look at our Basic Criteria and Required Documents before applying for a loan with us.


Tips for fast loan approval:

  • Be sure that your email and cellphone number are correct and that you have access to it.
  • Send the correct Required Documents when requested to do so. (For verification purposes)


Reasons why it is easy and convenient to apply for a online loan.

  • Fast and convenient online loan application process.
  • Fully approved loan can be available in your account within hours.
  • You can submit a loan request with less than perfect credit.
  • No embarrassment: NO asking friends or family members.
  • Online loans allow you to avoid this, as they can be acquired safely, securely online.



How much will it cost to get online cash loans?

The interest rate will depend on the loan amount, loan term and credit profile of the applicant, Please read more about the cost of credit

Loan terms and Cost of credit:

• Loans Available R3,000 up to R200,000

If you want to calculate an estimated monthly online loan installment,

try our Loan Calculator.

Cost of longer term online cash loans (12 months and more):

Loan available: R3,000 up to R200,000 with Annual Interest Rate is a maximum of 28% as prescribed and governed by the NCA (National Credit Act, 2005) for unsecured loans with a repayment period of 12 months or more. Cost of credit consist of initiation fee, monthly fee, interest and credit life.

Cost of short term cash loans (1 - 6 Months)

Borrow from R500 to R8000 with a 61 to 180 day repayment. Interest from 36% APR to maximum 60% APR, as prescribed and governed by the NCA (National Credit Act, 2005) for unsecured loans with a repayment period of up to 6 months. Cost of credit consist of initiation fee, monthly fee, interest and credit life.

Just some of the basics:

You need be permanently employed for more than 6 months, you also need to be older that 18 and younger than 60, with your own bank account, that your salary gets deposited into and you need to have access to email and your own cellphone number.

Online loan applications will be subject to your credit rating and your capacity to repay it, and a full affordability assessment will be conducted, to confirm that you can afford to repay the loan installment. Loans online can be taken out for as short as 3 months or up to 72 months in some cases.