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Welcome to Online Loans SA

Welcome to Online Loans SA! We’ve created this website to assist consumers to find the best online loan websites out there.

The term ‘online loan’ refers to lenders that issue loans and accept loan applications on the internet. Whether that means using a simple web form or an advanced application system, online lenders allow you to apply for a loan of your choice. Your application is reviewed promptly and if you are approved, cash is transferred into your account within two hours, depending on your bank and the day of the week.

On this website, we check out the best loan companies out there and see if they are worth looking at, should you require a loan.

In our opinion, the best option for an online loan is Wonga ( – their website is user-friendly, easy to navigate and has a simple application process.

Wonga offers loans of up to R4000 for new customers, and up to R8000 for returning customers, which is repayable up to 6 months.

When you apply for a loan with Wonga, all you’ll need is a recent copy of your payslip or bank statement. An instant decision is given on your application and if approved, you can expect cash within the same day.

Previously, applying for an online loan was only an idea – but now, thanks to companies like Wonga, this concept is now a reality where you can apply for a loan from the comfort of your own home. This has unlocked a whole new market, and online lenders have really revolutionized the credit industry.

Enjoy browsing through our website and be sure to read all the reviews, where you’ll find all the related links to the best loan providers as well. We try and make it as easy as possible for you to find the best companies out there, and ensure that you can apply online easily for your online loan.

So why use an Online Loan Website?

Through the years people use to apply for a loan by going into a loan office, stand in queue and they had to fill out application forms and provide loads of documents to be considered for a loan.

These days, as everything over the last couple have years; have become much more user friendly and efficient. Loans in that regards is no exception and more and more loan companies are moving towards online loans, making the application process available through their website.

Long gone are the days for loan companies, simply to have a website hereby they offer information and contact details about the offices and the trend towards offering these loans online have increase substantially over the last couple of years.

There are a few frontrunners in this regards and more and more companies are catching up and getting the application process online via their website.

For anyone looking for convenience and safe online loan application, be sure to work with reputable companies that you know off and offer excellent service if you do get stuck applying online.

Best Online Loan Options?

We have been asked this question a few times and we can truly recommend 2 companies that fit the bill in terms of online loans. They offer online loans but they offer different loan products.

The first online loan company is Wonga and they truly have been phenomenal in their growth and service offering since they set up shop in South Africa.

They offer more of an online loan option, whereby people can apply online and they can receive instant notification in terms of loan approval.

The user simply completes the online application form and once the application is approved you can have the funds in your bank account very quickly. The online loans go up to R3000 for first time users and R8000 for existing users.

The second option is Lendico and they offer a totally different product, but still in the loan arena. This is an online p2p platform that connects the investor and the borrower directly.

Anyone can apply online for a loan up to R200 000 and the investors will decide if they want to borrow you the money.

The borrower must give as much as possible information in regards to what the loan is for and if the investor decides to lend the money, the rate is determined and everything is finalised.

This is a great alternative to banks and offer people to apply online for a loan.

Online Loans in South Africa

There are quite a few loan companies in South Africa offering the facility to apply online for a loan, but only a few offer the best options out there.

The trend towards online loans have been growing over the last couple of years and one company in particular stands out above the rest in terms of online loan offerings and that is Wonga.

Wonga have an amazing online platform and people can apply online very easily through their user friendly website.

Another great online loan company is Lendico and they only bring the borrower and the investor together through this p2p website.

You can list your loan requirements and investors will determine if you meet the criteria for a loan. Be sure to look at both of these companies when looking at an online loan in South Africa.

Looking at Wonga South Africa

Wonga is a South African lender that offers short-term, flexible loans of up to R4000 for new customers that are repayable up to 6 months. We’ve been following Wonga for the last few years and we can truly say that we are impressed!

Wonga offers a simple, online application process, where you can apply for a loan in just a few minutes. All you’ll need is a recent copy of your payslip or bank statement as proof that you have a regular income and can afford to repay your loan.

What’s even better is that decisions are instant and there are no branch visits involved. You can easily apply for a loan from the comfort of your own home without any hassle.

While new customers can borrow up to R4000, returning customers can apply to borrow up to R8000. Each time you use Wonga, your trust rating improves, meaning that you can apply to borrow more over time. You can even save on interest and fees by repaying your loan early – there are no hidden fees.

If you are looking for an online loan in South Africa, be sure to look at Wonga!

Lendico Loan Amount

Lendico offers people the opportunity to borrow up to R200 000. The categories listed for loans vary from loans from home renovation, debt consolidation, real estate, holiday, moving etc.

There are a variety of options to choose from and you can specify the exact loan amount you require and sit back and see what the investors think about your loan request and what percentage they are willing to borrow the money the at.

Lendico offer people an alternative to banks and please just note the interest rate of your loan before accepting the loan offer.

Lendico will continue to grow and offer people an alternative in South Africa to your normal bank options, so be sure to try them out if you require an online loan of up to R200 000.

Lendico Loans (South Africa)

Not allot of people seem to know about Lendico, but they seem to making amazing strides in South Africa, offering people online loans of up to R200 000.

With Lendico you register and then apply online and investors then look at your request and determine if they want to borrow you the money. Lendico is thus a peer 2 peer Lendico website and this almost seems to be the first of its kind in South Africa.

The company started in Germany and then expanded to Spain and now in South Africa. What’s interesting about this website is that it bring borrowers and investors together, thus putting the two parties in touch with each other directly.

You can list your loan amount and choose what’s it for and the investors will decide if they will lend you the money. It’s very easy to register and list your loan request, so be sure to give it a try.

Wonga Loans (R4000)

The company we can highly recommend is Wonga, as they have been providing competitive and transparent short-term loans in South Africa for the last 7 years or so.

Customers not only love the product Wonga offers, but also enjoy the ease of a simple and quick online application!

With Wonga, you can apply online by completing a simple online application form – the only documents you’ll need to provide are your recent payslip or bank statement showing you have some form of regular income.

Wonga empowers you to apply online for a loan of up to R4000 if you are a new customer – and if you’re a returning customer, you can borrow up to R8000.

If you are looking for an online loan in South Africa, be sure to look at Wonga.

Online Loans (South Africa)

Welcome to Online Loans and here will be featuring all the best online companies in South Africa.

Currently there are quite a few loan companies offering online loans, but only a few stand out from the rest and we will be showcasing them right here and giving you all the information you need to apply online for a loan.

The on-going trend currently in South Africa is to go online for everything and with loans it’s not different at all.

It is very important to notice that that there are only a few companies that we can truly recommend and provide links to, so know that we will be offering you only the top online loans in South Africa.