What is a payday loan?
A payday loan is a small short term loan, that the borrower normally pay back, in one lump sum payment, on there next salary date.
Are you short on cash? Do you need a little extra to get you by till its payday again?
With the right credentials and the correct documents to make sure your details checks out, you can have a bit in your account in a couple of hours.
Payday Cash Loans
Payday cash loans are not something new in South Africa. You just have to drive through one of the main roads and you will see your fair share of cash loans on offer. What make us different is that you do not need to use your lunch half hour to apply and get the cash you need. You can apply with us from anywhere in South Africa as long as you have access to the internet and still get the money on the same day.
Payday cash loans are only meant to tie you over till your next pay date. For that reason we will never encourage you to take too much. We want to help you out of, not into trouble. That is why the payday loan service that we offer is limited to a maximum amount of R2000. If that is not enough for your current emergency, please take a look at one of the other loan services that we offer.
What do I need to apply?
- Complete our online application.
- Sumbmit your:
- ID, Latest Payslip and last 90day bank statement.
- Accept your loan offer.
- Once fully approved, get the your loan in your banking account within hours.
Is a Mr Cash Loans payday loan right for you?
- We offer small amounts to help you out till payday.
- Once you have paid your loan in full, there is no extra months as this is a short term solution. That means that you can be out of our debt by month end.
- Our service is fast and professional.
- No need for you to wait in any queue
Please complete our easy online application, and we will get right back to you.
We can assist with payday loans up to R2000. If you are looking for a bigger amount, it is better for you to apply for one of our other loan options then. Payday loans are only there to help you out till your next payday and because of the nature of payday loans, we do not want to get you into trouble.
Take a look at other options
Once you have applied online, certain documents will be requested. If you make sure that the documents that we request from you is 100% correct and all your details checks out, a fully approved loan will be in your account within hours.
Cost is calculated as prescribed by the National Credit regulator. It consists of an initiation fee, monthly fee and interest. It will be explained in detail to you when you get your PRE-AGREEMENT STATEMENT & QUOTATION
The choice will then be yours to accept or cancel.
Repayment of the loan is fairly easy. When you accept the loan you also accept a payment instruction, that will be deducted from your bank account on your next payday.
Unfortunately we will not be able to assist.