Short Term Loans In South Africa

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

When an unexpected bill or extra cost comes your way to distract you, then apply for short-term loans at MoneyStar with quick approval from direct lenders. In your province, a few online lenders offer lump sum amounts so you can meet your needs.

Funds are transferred directly to your bank account after getting approval within minutes. There is no need for paperwork formalities to go through when some emergencies surround you to fix them with instant funds.

What is a short term loans in South Africa?

Short-term loans are small loans to borrowers who need money urgently with repayment ability in 1 to 2 weeks with high-interest rates. These funds are unsecured, which keeps borrowers safe from putting anything valuables.

You can apply for loan amounts ranging from R100 to R5,000 to meet your short-term needs. You can easily tackle sudden expenses under control by using such online funds no matter when your payday arrives.

These loans are different from traditional loans. Thus, they come with high-interest rates, but you don’t need manual paperwork formalities while applying for them with us.

Reasons you might need a short term loan

Various lenders offer short-term loans in South Africa. It is necessary to approach the right one among them and consider the terms and conditions when doing it. Some reasons make you resort to these online loans.

Types of reasons you might use such loans are:

  • To pay forgotten bills: There are specific bills that show their presence. You can pay them all by using such funds.
  • Financial emergencies: Financial emergencies can happen to anyone at any time, but you can handle them.
  • Rent payment: Sometimes, rent payment is almost near, but no money arrangements. In such a case, you can consider applying for short-term loans.
  • Have bad credit: Your bad credit stops you from getting loans, but you don’t need to worry about it with online funds.
  • Home remodelling: If you are a homeowner and your home needs to be repaired, you can do the home remodelling using this type of money.

What should I look at when I compare best short term loans?

You should check out some important factors when comparing the best short-term loans.

Things to remember: 

  • Interest rates: You are applying for loans, so you need to be aware of interest rates since interest rates vary with lenders.
  • Read terms and conditions: You are required to read terms and conditions very carefully when comparing loans.
  • Loan affordability: You need to check your loan affordability before taking out such loans because they are expensive.
  • Choose trustable lenders: You should always choose trustable lenders. Even you can ask for their license.
  • Risk factor: You should check a risk factor because some loans have risky factors.

Am I eligible for a short term loan instant approval?

Yes, you are eligible for short-term loans because there are a few requirements to get them ready.

Types of requirements:

  • Age: Your minimum age is required to be 18.
  • Income: Having a stable source of income is needed most.
  • A bank account: You need a bank account to receive your money.
  • Contact details: Your contact details include An email ID, Citizenship of South Africa and contact number.

What are the pros and cons of online short term loans?

There are some pros and cons of online short-term loans. You should check them first before making the final decision.


  • Easy to apply: It is straightforward to apply for short-term loans because the overall process is online-based.
  • Approval with bad credit: You can get loan approval with your bad credit score now.
  • No hidden costs: You have no hidden costs to pay later or before, except for high-interest rates.
  • Same-day funding: You can collect your funds the same day you apply.
  • Fewer requirements: Borrowers have to manage a few requirements only.


  • High interest rates: You have to pay high-interest rates during loan repayment.
  • A way to debt trap: You may trap yourself in debt if you don’t make your loan payments on time.

How can I apply for a short term loan on in South Africa?

You can complete the application process in the following steps and get quick approval for funds in South Africa.

Apply online:

  1. Fill application form: You must fill out an online application form with some income and personal details.
  2. Get loan approval: You can get loan approval in a few minutes only. You will receive a loan contract to sign on your email ID. You have to read its terms and conditions before signing.
  3. Get funded: You can get your funds in your bank account in 10 to 15 minutes only.

Short Term Loans In South Africa- Some FAQ’s.

How long is a short-term loan for?

Short-term loans are there for a limited period of 1 to 2 weeks only for fixing some unexpected expenses.

Do I need to put up any collateral?

No, these types of unsecured loans, so online lenders don’t require that when you apply from them.

Can I apply for short-term loans in South Africa with no credit check?

Yes, you can only apply for short-term loans without direct lenders’ credit checks. They don’t worry about your credit as much as your loan repayment ability.

Can I get a short-term loan with a bad credit score?

Yes, getting short-term loans with bad credit is possible now with the most reliable lenders in your province.

Are there any extra charges for late repayments on short-term loans?

Yes, you must pay some penalties and fees associated with short-term loans. Even your credit score can be affected negatively.

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

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Applying won’t affect your credit score

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.