Loan Without Payslip South Africa

  • 2 Minute Application
  • Bad Credit Accepted
  • No Credit Check
  • Same Day Transfer

Many lenders require various types of requirements, and one of them is a payslip before considering your loan application. Your payslip is about getting a salary regularly; what if you don’t have that for getting loans? No worry about it because you can still get loans without a payslip in South Africa at MoneyStar.

You can find some online trustable lenders who don’t need payslips to offer you loans if you can make your loan payments on time. The best part is your loan approval rate will be 95% with us than bank loans.

Is it possible to get a loan without payslip in South Africa?

Yes, you can still get loans if you don’t have a payslip in South Africa because all banking institutions need payslips to help you financially. The good news is some limited lenders in your province don’t have to do anything with your payslip.

What they need is your strength to pay off your loan on time without any complication; it is up to you how you do that. Every lending institution has a specific term to determine where your income is essential.

But many lenders are satisfied with your promise to pay on time. Thus, they take no time further to assist you once you are at the right place.

Why apply for a quick loan without payslip?

There are some valid reasons behind applying for a quick loan without a payslip. You can find more about them below.

Top 6 reasons for applying for a quick loan without a payslip:

  1. Simple to apply: You can apply for such loans online without visiting anywhere.
  2. Instant approval: Borrowers can get approval for such loans in minutes only than conventional loans.
  3. They are available 24/7: You can apply for the funds 24/7 whenever cash urgency pops up.
  4. Approval with bad credit: Borrowers can also get approval for these loans with their bad credit scores.
  5. No upfront charges: There are no upfront charges to pay with such online loans.
  6. No collateral: These loans are unsecured, so you don’t need anything valuable in exchange for getting these funds.

How can I get loans without payslip in South Africa?

In three steps, you must complete a simple application process to get loans where the payslip doesn’t matter.

Get approval in minutes:

  • Apply online: Fill out a simple online application form with some of your essential banking and personal details. Make sure you avoid mistakes while completing it.
  • Get instant approval: The loan is confirmed in minutes, and you will get a loan contract in your mail. You need to read its terms and conditions before signing.
  • Receive money now: You can collect your money now after this short loan process.

What can I present in the absence of payslips?

If you cannot show any payslip, then you can consider the following things. It would help if you spoke with your lender about whether they will work out for you for income or salary verification. All lenders may only consider such documents after payslips, so you must ensure that before.

Certain documents may help with income:

  • Online bank statements
  • Certification of employment with income from your boss
  • Centrelink Statements can help
  • A receipt of utility bills payments
  • Rent payment can also be acceptable

What are my other financing options if I don’t have proof of income?

If you failed to provide any document that proves your source of income, then you can consider some financing options ahead:

Financing options with no income:

  • Guarantor loans: A guarantor agrees to get you loan approval based on their excellent credit score and income. But they are liable to pay off your loan if you fail to repay it.
  • Secured loans: You can apply for secured loans as well. For that, you are required any of your assets because lenders will offer you funds on the value of your asset. But such loans are risky because you will lose your asset if you don’t pay back your loan on time.
  • Car title loans: You can apply for a car title loan based on the value of your vehicle, but the exact condition will apply here too. You will have to pay back the loan on time. Otherwise, they will possess your vehicle to recover their loss.

Loan Without Payslip South Africa- Some FAQ’s.

Why do lenders ask for payslips?

Your payslips help them understand you have been earning money consistently for so long, so they won’t be at a loss by offering you funds.

How to get an instant loan without a payslip in South Africa?

Some types of loans don’t require any payslip while applying, but you have to prove your ability to make your loan payments on time.

Can I get a loan if unemployed in South Africa?

You can still get loans while unemployed in your province based on social welfare programs.

Can I get a loan without a payslip in South Africa?

Yes, getting a loan without showing your payslip is possible, but make sure you can pay off your loan on time.

What do I need to provide as an alternative to a payslip?

If you cannot provide your payslip, you will have to provide your current income source of any type for getting loans.

Will my credit score affect my chances of getting a loan without a payslip?

No, your credit score doesn’t matter when applying for certain loans, so you can apply for them and get them from online lenders.

Are online lenders a reliable option for no-payslip loans?

Yes, some online lenders are trustable to approach and seek no payslip loans through with an instant solution to current problems.

Using the MoneyStar, you may get from R100 to R35,000 in just 5 minutes.

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Micah Sedres

MoneyStar expert Micah strives to navigate finance niches like credit cards, loans, and mortgages easily. She helps hundreds of readers in credit building and provides money management tips. After regularly working for brands like, she joined the team as a staff writer to develop credit product reviews and comprehensive guides mainly focused on credit scores and loan/card offers.