Payday loans are small unsecured loans extended for short periods to cover customers in the event of a temporary cash short fall. Our payday loans range from R500 – R5 000 repaid via direct debit to coincide with your next pay date. Customers typically use these loans to pay for unexpected bills, repairs, or simply when they find they have been left short till next payday. The application process is fast, the money paid within the hour and usually received the same day, and although you must be employed for a payday loan, an absolutely clean credit history is not mandatory.

A Cash Advance loan describes a loan that

is typically less than R4 000 up to 7 weeks.

They work the same as payday loans in

that your repayment is direct debited

from your account on payday, and the

funds are usually available for withdrawal

on the same day. Whilst your final

assessment is done by a Spendza Loans credit

officer, there is high degree of

automation in collecting your application

information, gathering your bank

statement data, and scheduling your

direct debits. This makes for a speedy

approval and aims to get the money in

your hand faster.

Fast and hassle-free, emergency loans

typically cover medical or vet expenses –

unexpected matters that need to be dealt

with high priority. Your repayment is

made via direct debit on the same day

that you receive your wages, and subject to

your previous lending history these loans

can carry over a longer period (to keep

each individual repayment lower) when

the need arises. To apply for an

emergency loan simply use our online

application form, have your mobile and

bank details to hand, and know the size of

the repayments that you can comfortably

afford.

Our short term loans are for a minimum of 4 days.

All of our loans are repaid via instalments.

Most commonly our loans are structured over two – three months, and this is what customers usually mean when they talk about short terms loans.

We offer R500 – R4 000 loans up to 49 days online, and structure the repayments to be withdrawn from your account via direct debit on the day that you are paid.

The online application takes less than a few minutes.

Spendza Loans personal loans are unsecured

loans up to R4 000 available to cover near

term expenses that will be larger than

normal. Repayments are deducted from

future income payments in manageable

installments to try smooth the effect of

this one-off event. To apply for a personal

loan use the online application and be

ready to download your bank statements

so that your assessment can be carried

out promptly. A personal loan at

Spendza Loans is usually for a larger amount

than a payday loan and takes into

account your previous repayment track

record with us.

Spendza Loans is one of South Africa’s newest

online providers of quick cash loans. To

ensure the service we offer is world class,

we scoured the globe to find the best

possible systems to ensure you don’t wait

a minute longer than you need to, to get

your money. To apply for a quick cash loan

simply use our online application form,

have your mobile and bank details to

hand, and know the size of the

repayments that you can afford. The

process is fast, the money paid within the

hour and usually received the same day,

and although you must be employed, you

don’t need a perfect credit history.