Personal Loans

We offer financial cash loans of up to R120 000 and give same-day approval on financial loans. Loan periods are based on your credit risk. The minimum term for loan repayment is one month and the maximum term is 60 months.

Most instant personal loans online are paid the same day. Online loan lenders are quick to access and approve loans compared to bank loan applications.

Our personal loans are supplied on an unsecured loan basis. Which means that you don't have to own a house or vehicle to obtain them or use as leverage to get the loan. Generally, these loans are for sale to clients based on their earnings.

You don't have to undergo a credit assessment to apply for one of our personal loans, so individuals with poor credit will qualify. Our loans derive from your earnings only, which means all you need is a steady job. This also means that we do not need your original documents in order to pay out your cash loan.

Personal Loan Requirements

All that is required for you to apply for a personal loan with EC Loans is that:

  • you are a South African citizen
  • you are at least 18 years of age
  • you have been permanently employed for at least three months at your current employer
  • you earn a minimum gross salary of R2 000 per month
  • you have a bank account against which we can load a debit order and
  • you are a South African citizen with a green bar-coded ID document

Ready to apply for a personal loan, but want more information before you do?

Find out more about and our vision , get clued up on the rates and fees of our personal loans and have a look at the terms and conditions of our personal loans.