Get more done with easy online cash loans
At Mr Cash Loans: We mainly deal in online cash loans (also known as loans, online loans, personal loans, and easy loans). All of these are terms that are used to describe, fast loans that can be approved online, with no need for you to do any branch visits.
All of our loan products are unsecured loans, meaning that you do not need surety in the form of an asset, such as your house or car, to secure your loan. With an unsecured loan, the lender agrees to lend you money without taking a form of security.
We are here to help you with a number of different loan options. There is no longer a need to be concerned about waiting in long lines or making your way through the unfair lending practices of the larger banks.
Most financial institutions will approve or deny a loan in 1 to 2 banking days. If you have difficulty in getting loans approved come to us for excellent service and fast approval. The ability to take back control of your finances is now squarely within your hands.
Our loans explained:
There are several options when it comes to lenders who provide cash loans online. We mainly focus on three types of loans.
- Personal loans online – These loans have longer payment terms and larger loan amounts. Our lenders that offer personal loans do loans with repayment terms up to 84 months with loan amounts going up to R250,000. Lending criteria for these loans are more strict. You need a fair to good credit rating to apply for these.
- Short-term cash loans – These cash loans have a repayment term of up to 6 months. Loan amounts for these short-term go up to R8,000. Our short-term lenders can complete one of these within the same day, depending on your ability to supply us with the correct information and documents once you are pre-qualified.
- Small cash loans online – Our payday loans can offer loan amounts of up to R3,000. The term on these loans can be up to 3 months. These loans, are only meant to help you out of a very short-term financial bind.
- Online loans – All our loan products fall under online loans. It means that we can assist you with a loan where ever you are based in South Africa. You do not have to come in and visit us face to face you can get your loan approved by just applying and submitting documents. > Read more about online loans.
Our loan service providers may have slightly different lending terms and criteria. Therefore, it is important, to consider all options available to you. Factors to consider, your current credit report and current affordability, could potentially limit the borrowing options available to you.
How will we be able to assist you in obtaining cash loans?
Well, the answer to that question is easier than you think.
First, you need to complete our online cash loan application form. With this information, we will determine whether we can assist you with a loan or not.
We will guide you through the rest of the steps, via email. We will ask you to email certain documents.
Once all the checks are completed and your loan is approved, you can have the loan in your banking account within hours of final approval.
Tips for fast, easy online cash loan approval:
- Complete our online cash loan application.
- Be sure that your email and cellphone number are correct and that you have access to it.
- Send the accurate documents when requested to do so. (For verification purposes)
- You can submit a loan request with less than perfect credit.
- No embarrassment: NO asking friends or family members.
- You can apply from the privacy of your home or office, NO branch visits required.
- Applying for one of our online loan options is quick and easy.
- A fully approved loan can be available in your account within hours.
Just some of the basics:
You need be permanently employed for more than 6 months, you also need to be older that 18 and younger than 60, with your own bank account, that your salary gets deposited into and you need to have access to email and your own cellphone number. Online loan applications will be subject to your credit rating and your capacity to repay it, and a full affordability assessment will be conducted, to confirm that you can afford to repay the loan installment. Loans online can be taken out for as short as 3 months or up to 72 months in some cases.
How much will it cost to get online loans?
The interest rate will depend on the loan amount, loan term and credit profile of the applicant.
Please read more about the cost of credit.