Application Requirements
What do you need to apply for a R500 or R1000 payday loan?
- Valid South African ID (original or certified copy)
- Latest payslip reflecting your current salary
- 3 months of recent bank statements showing salary deposits
- Minimum age: 18 years
- Active bank account in your name
eligibility Criteria
You can apply if:
- You are employed with a regular monthly salary
- You receive your salary via bank transfer
- Your monthly income exceeds your monthly expenses
- You are not under Debt Review
Who Cannot Apply
- Applicants currently under Debt Review
- Self-employed or irregular income (without 3+ months proof)
- Applicants with severe adverse listings or recent judgements
- Those with less than 3 months employment history
Note: Our affordability assessment is based on NCR (National Credit Regulator) regulations. We assess your ability to pay without compromise on your living expenses.