Find the best loan of South Africa

Compare the best loans of South Africa and find the lowest rate

Find the best loan of South Africa

Get Approval on your Mpowa Loan | Fast and Easy Calculator

If you are here you might need cash to solve a problem and problems need to be solved fast. When talking about quick loans, banks may not be the best solution, since they usually have stricter requirements and routine paperwork. Mpowa is a leading payday loans provider in South Africa. Stay with us and learn how this company works, what you need to do to apply for their loans, and how to contact them.

Does Mpowa have a Loan Calculator?

A loan calculator is a very useful tool that helps you project how long will it take you to pay back the loan and see the number of your installments. It is important to underline that we are talking about approximate amounts that will be useful for you to get an idea of how your following months would be. We talk about approximate figures because the credit lending organization will only be able to set an interest rate on the basis of your financial situation. The better your credit history, the lowest interest rate you can be provided. 

Mpowa does not offer a loan calculator on their website. We have a solution for you, though. In our site, you can compare different loans offered by various banks or online credit providers. You don’t need to give us any personal information; all you have to do is enter the figure you want to borrow and the number of months you think you will be able to repay it. This is a great tool because it will let you compare the offers and choose the best one. The best part, you can start the process by clicking “Quote Now”.

Can I Fill out an Online Application to get a Loan with Mpowa?

This company is committed to providing convenient and hassle-free loans. They work hard to make this process as easy as possible for you. How do they manage this? Well, they’ve created an online application that you can complete from your bed, or wherever you are, within minutes. After you complete your application you will be requested to sign some documents online and upload the papers proving your income. Then, you will get a phone call from Mpowa confirming you all the information regarding your loan. 

How do Mpowa Short-term Loan Works?

With Mpowa you can take out a cash loan within minutes and, since their application is online, you can do it from your house or your work. The maximum amount of money you can borrow with this company is R5 000. When do you pay it back? You have to pay the full amount of the loan the day you receive your paycheck.

Mpowa is registered with the NCR and complies with all its norms. They are very straightforward in terms of what they charge. Their initiation fees and services fees are published for their clients to check out. If you are unable to pay back your loan, Mpowa will make every effort to agree with you another repayment term.

Another question we get a lot is if you can get an increase in your Mpowa loan. You will be able to ask for increases after you have paid back three loans to Mpowa.

Find the best loan of South Africa

Lime24 - Quick Loan Online
Borrow transparently with Flexible Loans.

Approximate Fee

R4,189.27

Qualification

comments

73

Borrow transparently with Flexible Loans.

Quote now

Leave your comment aboutLime24

Tell us your experience.

Please write constructive criticism to help other people choose better. Any inappropriate comments will not be published.
...

Comments about
Lime24

(73 comments / 4.1 stars of 5)

What are the Requirements to Access a Mpowa Finance Payday Loan?

Mpowa strictly works with payday loans. This credit tool is helpful for when you need to fill the gap between your payment periods. If you run out of money and you won’t receive your paycheck in a few days, you can ask for this loan and solve your issues. Also, unlike banks that have strict qualification criteria and that take up to a week to approve your loan, Mpowa promises to approve your loan immediately and make your money available at your bank account at 5 p.m. 

However, there are some requirements you need to meet. You wouldn’t lend money to someone you didn’t know, would you? Well, they need to know you better, too. For this reason, they will ask you the following things:

  • You have to be employed for at least three months
  • You need to provide your valid ID
  • You must have a bank account under your name
  • You will have to upload your latest payslips

You need to have a bank account because the money will be deposited there and the repayment will be debited from that account, as well.

How to Find Reviews about Mpowa Loans?

Every experience is unique, so there are various and different types of comments about a product. The same thing happens with Mpowa; they have very positive reviews and they also have negative ones. However, in this online world, how can you tell what is real and what is not? Perhaps the best way to find accurate and actual opinions is to ask sources close to you. Who do you know who has taken out a loan with Mpowa? Ask them how it all went, and if you want, you can leave us a comment below telling us all about it.  

How can I get in Contact with Mpowa Loans?

Mpowa makes available a wide range of media for you to contact them. It is always nice to have the possibility of reaching out to the company and ask them a doubt or maybe making a claim. If you would like to do that here is how you can get in touch with them:

  • You can fill out their contact form on the website: you need to enter your name, your cell-phone number and e-mail address together with your comment,
  • You can call them at: 0861 228 228, or
  • You can send them an SMS at: 083 736 0165

When you have one of those months when you cannot make ends meet, don’t stress out, take out a loan with Mpowa and keep moving. In this article, you learned how much money you can take out when you have to pay it back, and what you need to qualify for it. Don't panic if you are a bit tight this month, take out a loan with Mpowa and have your problems solved. 

Leave your question

Video Payday loan

Questions and answers

I want to take out Mpowa loan but I’ve just changed my job. Can I still get it?

It depends on what you mean by “just started”. Mpowa requests clients to be employed for a time period of at least three months. So, if you’ve been working at your new job for less than that, then no, you will not be able to request a loan with Mpowa at this time.

I live in Robben Island; can I get a loan with Mpowa?

Of course you can. This is one of the best things about this company; since it manages its business online, they can provide financial service to people living anywhere in South Africa. Remember that the whole process is done online and that you don’t need to visit their physical offices to request their loans.

I’m concerned about my personal information, is their site secure?

Mpowa is a company that plays by the rules imposed by the NCR. In order to be approved by this government organization, they need to prove that all their transactions are legal and secure for their clients. This company will treat your information in the utmost confidentiality and will only use it to perform the tasks related to your loan request.

Leave your rating about Get Approval on your Mpowa Loan | Fast and Easy Calculator

I’m so happy with this company, I requested a loan in the morning and by five in the afternoon I had the money on my account.

It’s so easy to apply to their loans. You upload all your documents online, and no problems.

I don’t know if I’m the only one, but I didn’t get the money as quickly as they’ve promised. Their customer service was very polite, though.

Find the best loan of South Africa

© 2008 - 2020 quotesAdvisor.com® All rights reserved.