Welcome to our Loans area. We compare all sorts of different loans for many different circumstances. Even if you do not have a good credit history there are still loans available to you. Use our website to compare different different loans and find the one which is best for you. Make sure you know how much the loan will cost you before you apply. If in doubt seek financial advice.


Compare Loans Products

You might need a loan for a variety of reasons and there are many types of loans available on the South African market to suit your individual lending needs. Whether you need a fast payday loan, loans to help tackle any debt problems, loans for your car or education, we list a wide range of unsecured and secured loans. Click on the links below to start comparing lenders.

Payday Loans

A payday loan is a financial product that specialises in getting you the money you need as soon as you need it. You may be struggling to deal with unexpected financial expenses like paying off a bill, getting your car fixed or you just need some extra cash until payday. Sometimes your monthly paycheque just won't go far enough. Payday loans are one of the fastest ways of getting small amounts of cash, usually between R100 R12, 000. Most payday loan providers accept most applications. The great thing about a payday loan is that you can get one despite a poor credit rating and even if you have been refused elsewhere.

The interest rates on these types of loans are usually high, but you are only borrowing over a small period of time. There are a lot of companies that offer payday loans, so make sure you use our comparison charts to find the best one for you. As long as you pay back the money within the loan period and budget the following month, payday loans are a great way of getting you out of a tight financial situation.

Bad Credit Loans

Don't worry if you have been refused elsewhere for a loan due to a poor credit history because loans for bad credit are easily obtainable in South Africa. Whatever your credit rating, even if you have been blacklisted, we list companies who specialise in loans for people with bad credit. You can also avoid the banks and save time by getting a loan directly from an online lender.

Bad credit loans can be taken out for a longer period than payday loans. You may find that these types of loans have a higher interest rate as the lender is dealing with someone of a higher risk because of your credit score. In most instances your loan agreement will depend on your personal situation. Take your time when comparing the bad credit loans available, making sure you read all of the terms and conditions to find the best loan for you.

Consolidation Loans

If you have found yourself facing mounting debts that you are struggling to stay on top of you will need a way of managing your financial troubles. Consolidation loans are designed to help you manage your payments by grouping them together and reducing your monthly payment. Debt Consolidation Loans are especially designed to provide financial relief for those who have a bad credit history. You can pay off all your current debts in one large sum leaving you with just one low interest monthly payment. The interest rate on a consolidation loan can work out lower than continuing to deal with multiple debts.

Which Way To Pay South Africa compare a variety of loan providers to help you find the best consolidation loan offer. Each provider will have different requirements but the application process is simple and can be completed online.

Personal Loans

Personal loans are available to most South African citizens. Personal loans are offered by banks and independent lenders. If you are having trouble getting a personal loan from a bank then it could well be worth looking at independent lenders who are able to lend to almost anyone including people with bad credit. There are different types of personal loans available so make sure that you choose the type which best suits your personal circumstances.

It is likely that banks will offer you the cheapest interest rates on your personal loan. however, if you do not have a good credit rating then it is unlikely that you will be able to obtain a personal loan from the bank. You may be able to get a bad credit personal loan or a payday loan but the interest on these types of personal loan will be quite high.

Unsecured Loans

Unsecured loans, a common personal loan in South African, can be used for all kinds of purchases. They are widely available and we have listed some of the top loan providers in the country for you. As you are not required to put up any large assets as collateral, like your home, less risk is involved for you but you are less likely to get an unsecured loan if you have a bad credit. A credit check may be necessary because the loan agreement is based on your financial situation.

When looking for unsecured loans you should compare all the features of the different providers. To find the right loan provider you should work out how much you want to borrow and how much you will have to pay each month which will depend on your circumstances.

Secured Loans

Secured loans can be used if you want to borrow a larger amount of money over a longer period of time. To obtain one you secure a loan against a large asset, used as collateral, such as your home. The interest rates on a secured loan are usually lower because the lender has your asset should you default meaning less risk for the loan provider. However, you do risk having your asset seized if you fail to repay the loan so it is important to ensure you make the repayments.

Secured loans can be used generally for any purpose and they are widely accessible across South Africa. For a quote visit our comparison area to browse the different secure loan providers and find the best deal for you.

Student Loans

A good education is one of the greatest assets you can have. If your finances stand between you and the education you want then consider a student loan. They can be used to cover the cost of the tuition fees and help pay for additional expenses such as accommodation, books and the cost of living while you are studying. A student loan can help ease a student's financial concerns as they embark on university or college.

Most student loans for South Africa residents have low interest rates and are paid back after you have completed your education. The amount you can borrow will depend on your individual circumstance. When comparing student loan providers make sure you find the right loan to cover your student expenses.

Business Loans

With a business loan you can find the right loan for your business, whether you are just getting started or want to continue growing. For economic growth to continue businesses need to be able to succeed which is why many companies out there offer business loans so it would be wise to take the time to consider your different options. Whatever your financial business needs Which Way To Pay South Africa sources a number of different loan providers for you to chose from.

Business loans can be a great way of funding your business conveniently and with low cost repayment terms. You will need to present some information concerning your business in order to take out the loan and the amount you need will affect the exact loan agreement.

Vehicle Loans

Purchasing a car can be expensive. Many in South Africa are unable to pay for their car straightaway. If you want some help financing your vehicle you should consider vehicle loans. With a vehicle loan you can take ownership of your desired vehicle right away. There are many loans to choose from so you should weigh up your options carefully. Make sure you read the terms of your loan and use our comparison charts to compare the rates to find a loan provider that suits your needs and your pocket.

How much a loan will cost depends on the term in months involved and the amount of interest charged. Providers may take your credit history into account so it is worth having this in mind. Car loans are secure, easy to apply for and hassle free. Once you have found a provider that can give you what you want you can apply online for a fast loan.


Please note that Which Way To Pay South Africa is not authorised to give personal financial advice under the South Africa financial regulations.

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