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Am I a Candidate for a Payday Loan in Randburg? Contact Information, Rates and Online Application

     You were having breakfast while working on the computer and suddenly, your coffee spell on it. You need to finish that important essay for work and the time’s clicking. The biggest problem is that it’s almost the end of the month and you can’t afford to repair the computer. What you need is a payday loan. Luckily for you, this is exactly what I’m going to refer to in this article, so keep on reading to have the information you need about banks that offer this type of loan. Here, you’ll find its ratesrequirements and how to contact them.Also, they work online so you can apply from Randburg, for example, or any other part of the country.

    You may be wondering what exactly a payday loan is. The characteristic of this type of loan is that you can repay it in a short time. It’suseful for those unexpected events that need an urgent and fast solution without the hassle of having to repay the money for months and months. If you don’t want to be kept on a long repayment term andyou need the money now, this loan is for you. However, keep in mind interest and fees are usually high.

Online Payday Loan South Africa

    As the amount for a payday loan isn’t usually high, the process and requirements tend to be simple. This is why they canwork online, so you can apply from any place in South Africa in a fast way.

I’ll refer first, to Wonga Loans which offers flexible short term loans.

Wonga Requirements

    If you own a South African I.D., a bank account and a cellphone number and, you can prove that you’ve been working for at least three months, congratulations! You can think about applying for a Wonga Loan as those are the requirements they ask. Bear in mind you can use a proof of income or bank statements that show your income.

How to apply for a Payday Wonga Loan?

    After deciding the amount of money you want to ask for, you have to complete the application form with information about yourself. Wonga then, will decide if you qualify for the loan you requested. If Wonga approves your loan, they verify your last three salaries. If everything is in order, they transfer the money to the account you stated for you to use it freely. And last, they collect the repayment through the same bank account on the date you stated. It’s very important you have the money available on time to avoid a negative outcome within your credit record.

Wonga Payday Loans Rates

-you can repay the loan in a minimum of 4 days.

-the top repayment term is 52 days.

-the minimum quote is R 500.

-the maximum quote is R 4,000.

-for previous applicants with a correct payment behaviour the maximum quote is R 8,000.

-they have a monthly service fee of R 68,40.

-they have an initiation fee of 16,5% for the first R 1,000.

-the interest rate is of 0,1% per day.

Another option is Finance27 and, they call this service “Sameday Online Payday Loans”

Finance27 Payday Loan Rates

    For a Sameday Online Payday Loan the quote is similar to Wonga, as you can ask between R 500 and R 4,000 but the maximum repayment term is 48 days if you have already worked with them. But, if you are a new client you can ask as much as R 2,500 and you must repay it in one month.

    Bear in mind, you’ll have an annual percentage of 38% on interest and that the payments should be done via debit order. If you fail to complete the payment, you’ll receive an R 50 service fee and a 5% interest will be added. Also, as you may know, it will affect your credit rating so, try your best to keep up with the agreed repayment term.

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What are the Requirements?

    In order to apply for a Finance27 loan you need to be older than 18 years old, be an S.A. citizen, own a bank account and, finally, be employed.

In the following chart you can find important information about Sameday Online Payday Loans from Finace27 to have at hand:


FromR 500 upto R4,000

Interest Rate

Annual percentage of 38%

Telephone Number

+2712 941 1572


WestWing, First Floor, Wapadrand Shopping Center, Wapadrand.


SA citizen, employed, bank account and over than 18

Email Address

Payday Loans Contact Numbers

    I’ll leave here phone numbers and contact details for you to reach these entities.

    If you want to call Wonga you have this number: 0861 966 421. If you need to email them for application related queries you have this email address: za.customercare@wonga.comor, for repayment queries: Keep in mind they work from Monday to Friday 7 a.m. - 7 p.m. and, Saturdays 8 a.m. - 1 p.m.

    To contact Finance27 you can call this number: 12 941 1572 or send an email to this email address: Also, you have an address to direct to. It’s West Wing, 1stFloor, Wapadrand, Shopping Centre.

    Besides, there’s another entity that offers payday loans and its name is SA Payday. You can apply online or, if you have any special doubt, you can email to To apply with this company make sure you have a monthly income of at least R 3,000, you have a bank account on your name and you are 18 years old or more.

    Life is full of surprises and, some of them can create problems. If an unexpected event occurs and you need money urgently, I’m sure all this information will be really helpful for you. You can take advantage and decide on the best company to work with. So, as long as you keep this data at hand, you’ll be fine.

Video Payday loan

Leave your questions or comments


Questions and Answers

Am I eligible if I need to repair my bike?
Yes! As long as you comply with the requirements you can apply.
Can I apply online at any time?
What can I do if I’m getting behind on the payments?
You must contact the company to try to find a solution together.

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