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Is It Possible To Apply For a Payday Loan From Gauteng? Contact Information, Rates And Quotes

    In this article I’ll explain how can you get a payday loan for those unexpected events in which you need to get instant money. I’ll refer to Absa Bank which is located in Gauteng and, also toWonga and Finance27 that offer online application making it possible to apply from Gauteng, or any other part of South Africa. I ‘ll state the rates, contact information and quotes for you to choose the best option for you.

    First, I’ll compare Finance27 and Wonga and, then I’ll summarize the most important details you need from Absa Bank.

What are the Requirements for a Payday Loan?

    Let’s see what you need to pay attention to before applying for a Payday Loan. In most cases, they only ask few things. You must be a SA citizen older than 18 years old, own a bank account to receive and pay for the loan and, be employed. Of course, you’ll need valid documentation to prove you comply with these requirements. So, if you can present the proper and valid documentation as proof of this information, you’re ready to go.

Payday Loans Quotes

    While Finance27 allows you to ask for a maximum of R 2,500, Wonga highs up that number to R 4,000. In both cases, that quote is for new clients. In the case of existing clients, Finance27 borrows up to R 4,000 and Wonga R 8,000. Both companies have a minimum amount of R 500 to borrow.

    Now,Finance27 has a repayment period of 90 days top and, Wonga has recently stretch the maximum repayment period from 1 month to 6 months. Of course, this may be a useful option but, remember the longer you take to repay the loan, the more expensive the total cost will be.

Let’s see an example.

    If you borrow R 3,000 and you repay it in 10 days, the total cost of the loan would be R 3,518.87 But, if the same amount of money is paid over 6 months you would have to pay a total of R 4,159.86. That’s why you should pay attention to the repayment period and try to choose the shorter term you can afford. In this way, you can avoid wasting a lot of money on interests and fees.

Payday Loans Contact Details

    Next, I’ll show you the information you need to know to get in contact with both of them if you want to apply or you have a specific query.

For Finace27, you have these options:


-Phone: 12 941 1572

-Address: West Wing, First Floor of the Wapadrand Shopping Centre in Wapadrand

For Wonga, these are the options:

- Email for payments:

- Email for application:

-Phone: 0861 966 421

-Office hours: Monday to Friday from 7 a.m. to 7 p.m. or, Saturdays from 8 a.m. to 1 p.m.

How to apply for a Payday Loan?

    To apply you just have to check the few requirements, which in general are similar for most entities and decide on the amount and terms of the loan. When you have an idea of the terms, you have to complete the online application form and wait for the approval. If the bank thinks you’re qualified for the loan, they’ll ask you few documents to verify the information you submitted about your income and so on. Then, if the documents are correct, you can expect the money in your bank account in more or less 24 hours. Finally, you just have to repay the loan the date you agreed with the entity and you’re done with the process.

    Clearly, applying for an online payday loan could not be easier. As the principal characteristic of this type of loan is that you can get money in 24 hours, there is a special aspect to refer to: the quotes are low and, thanks to that you are not required to present a collateral or a lot of paper work and documents as in a home loan, for example. That’s what makes it so fast and simple.

    Now, if you live in Gauteng, you can find Absa Bank which not only does it offer Instant Loans, but also they offer Personal and Consolidation Loans. In this case, I’ll focus on the information you need for a Payday Loan in the following chart:


 Good credit record, income of R 250 minimum, Absa bank account, at least 18 years old.

Initiation Fee

 10 %

Telephone Number

 0860 100 372


 Shell Garage Building, Hendrik Verwoerd Dr, Centurion, Pretoria, Gauteng.

Working Hours



 From R 250 to R 5,000

Repayment Period

 35 days

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PaydayLoans Reviews

    OK, I’ve gone over all the necessary information about Payday Loans but, you may be wondering if it really works or is not worthy. That can only be answered by previous clients. I’ve gathered comments from people who have used this loan and this is the conclusion they reached. Most of them agree that this type of loan is not for anyone. As it’s quick short term, fees and interests are really high so, you should really make sure you can repay it in the shorter period possible. Also, you should assure you’ll be able to cancel the loan in that date. We know that when you take out a loan, you have extra fees if you get behind. The same happens with payday loans but, of course, extra fees are much higher. If you don’t take an extremely responsible payment behaviour, you can find yourself in debt.

So, this can be a useful solution if you know you’ll have the moneyt o repay it soon.

    To finish this article, I’ll tell you that if you are smart enough tot ake your time to analyse the information, you can really take advantage of a Payday Loan. So, think carefully about which company is best for your situation and go ahead. 

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Questions and answers

Can I take a payday loan to consolidate my debts?

Do I qualify if I’m not a SA citizen?

Unfortunately, you don’t. You must own a valid South African I.D..

Can I apply if I’ve got a job 6 months ago.

Yes, you can!

Leave your rating about Is It Possible To Apply For a Payday Loan From Gauteng? Contact Information, Rates And Quotes

Repayment through debit order is really practical.

I need money to pay my phone bill.

They transfer the money in just one day!

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