Terms & Conditions of application


You the applicant agree that the information that you enter is true and correct.

You the applicant agree that a credit check and all necessary checks may be conducted by ourselves or our business partners and financial houses for full application review purposes.

You the applicant understand that all loan applications are subject to income & expense and employment confirmation.

Mr Cash Loans is not the credit provider and does not make the credit decisions.

By submitting the Application form, you hereby state that you understand these terms and conditions .

If your loan is approved you will be notified within 24hours.

By Completeing our online application form, Mr Cash Loans does not gaurantee a successful loan application.


Loan terms and Cost of credit:

 Loans terms - we offer - 

   3 month loans up to 60 month loans

 Loans Available R3,000 up to R150,000

 You can use our Loan Calculator for an estimated Idea of what your loan installment will be.

 The 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.

 A representative example of this is:

On a loan of R15 000 over 15 months at a maximum interest rate of 28%, maximum fees of R68.40pm, credit life fees, maximum initiation fee of R1 197 inclusive of VAT comes to a total cost of R22 717 which equals an APR of 68%.Which means that your monthly installment will be R1514.47

The interest rate will depend on the loan amount, loan term and credit profile of the applicant.