Types of Loans
Our loan application process is quick and simple, with instant credit checks and affordability assessments for immediate access. Choose a payment plan that suits you with short-term loan offerings from 1-6 months, with loan amounts ranging between R100 and R2 000. Terms and conditions apply.
EasyPay Term Loans
- Maximum loan – R2 000
- Maximum term – 6 months
- A 3-month EasyPay Everywhere account history needed
- Safe biometric verification at enrolment
Benefits:
- If you’ve been an EasyPay Everywhere customer for 3 months or more, you could qualify for a loan
- Apply in less than 10 minutes
- Affordable and easy to understand
- Easy access – linked to EasyPay Everywhere account history
- Fingerprint security
- Immediate payment into EasyPay Everywhere account once approved – get your cash from the ATM
1-Month Loans
- Maximum loan – R500
- Maximum term – 1 month
- A confirmation of bank account switch to EasyPay Everywhere and either a 3-month bank statement or a confirmation of grant received is needed.
- Biometric verification and origination
Benefits:
- No need to wait for 3 months to qualify for a loan
- Establishes a lending relationship
- Convenient and affordable
- Secured with your fingerprint
To qualify for an EasyPay Loan:
- You need to be a South African citizen and over the age of 18 years.
- You need to hold an EasyPay Everywhere account for 3 months or longer.
- For a 1-month loan, you will need a 3-month bank statement or letter of grant approval and SASSA bank confirmation.
- Biometric verification in a branch will be required.