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How much do you need?
Fast cash loan online?
Sunshine Loans is committed to providing you with a hassle-free solution to your short term borrowing needs. Our payday loans are designed to help you over a difficult patch up to a 7 week period. We are 100% online, processing applications 24/7, regulated by the National Credit Regulator (NCRCP14110).
Easy process. No paperwork. Get Funded In One Business Day
Example of a small amount loan
Our payday loans are R4 000 or less with a minimum duration of 4 days and a maximum of 49 Days. Use the slider above to estimate your repayments. We match your repayments to your pay cycle.
By way of example, a loan of R2 800 over 27 days would attract interest and fees of R607.63. The total repayable is therefore approximately: R3 407.63.
Loan repayments you can afford
Our responsible lending principles aim to provide you with a loan that you can afford. You can use our loan calculator above to work out your approximate repayments before you apply. You must be employed (we cannot help you if the majority of your income is from government benefits), and you will need to download your bank statements via our online application form, so make sure you have your bank details on hand before you start.
Easy process. No paperwork. Get Funded In One Business Day
Apply for a fast loan in minutes
We offer small payday loans from R500 – R4 000. Repayments are withdrawn from your account via Direct Debit on the day you are paid on a specific date of the month. The application process is simple and only takes a few minutes. During business hours we typically process and approve applications in less than 60 minutes. Depending on who you bank with, the money can be with you by the end of the business day.
Easy process. No paperwork. Get Funded In One Business Day
Why Sunshine Loans?
We’re a fast loan provider
Our application form should take you no longer than 5 minutes to complete. Usually we’ve processed your loan a short-time later with the money on it’s way to your bank account by the end of the business day. That’s a seriously fast loan.
We’re totally online
You don’t have the time these days to deal with manual loan processes. Get your bank details and SAID together and you’re ready to go. You can apply 24/7, we’re always open. We understand things don’t always go as planned , things are getting tough and budgeting doesn’t always work out when unexpected things happen. Our cash loans are not like credit Cards or other forms of revolving credit, you get the money fast, you pay it off fast, and that’s it. If you need us again, just login and apply for an even faster loan.
We are committed to responsible lending
We take our obligations seriously and we don’t want to lend you money if you can’t afford to repay it. This takes our total focus every day.
We care about customer service
Just because it’s a small loan, it doesn’t mean it’s not important. If you need to know your current balance, the status of your loan, your repayment dates or get another loan, then you can log onto our secure client area and it’s all there. Alternatively you can call +2710 496 2073 or get us on chat during business hours.
Your credit history isn’t perfect
You generally do the right thing and pay off your debts and sometimes that takes time. We won’t penalize you because you’ve had some bad luck and you’re credit file isn’t perfect. What we look for is a recent history of repayment and affordability.
Who can apply?
We have a few essential requirements to be eligible for a Sunshine Loan. You need to be:
• Over 18 years of age
• A resident of South Africa
• Be employed and have a regular income stream
Types of fast loans
We are a registered credit provider with the National Credit Regulator (NCR),
registration number NCRCP14110. Our loan products are classified as unsecured credit transactions,
and are also commonly referred to as payday loans, cash advances and short-term loans.
Payday loan
Payday loans are small unsecured loans extended for short periods to cover customers in the event of a temporary cash short fall. Our payday loans range from R500 – R4 000 repaid via direct debit to coincide with your next pay date. Customers typically use these loans to pay for unexpected bills, repairs, or simply when they find they have been left short till next payday. The application process is fast, the money paid within the hour and usually received the same day, and although you must be employed for a payday loan, an absolutely clean credit history is not mandatory.
Cash advance
A Cash Advance loan describes a loan that
is typically less than R4 000 up to 7 weeks.
They work the same as payday loans in
that your repayment is direct debited
from your account on payday, and the
funds are usually available for withdrawal
on the same day. Whilst your final
assessment is done by a Sunshine Loans credit
officer, there is high degree of
automation in collecting your application
information, gathering your bank
statement data, and scheduling your
direct debits. This makes for a speedy
approval and aims to get the money in
your hand faster.
Emergency loan
Fast and hassle-free, emergency loans
typically cover medical or vet expenses –
unexpected matters that need to be dealt
with high priority. Your repayment is
made via direct debit on the same day
that you receive your wages, and subject to
your previous lending history these loans
can carry over a longer period (to keep
each individual repayment lower) when
the need arises. To apply for an
emergency loan simply use our online
application form, have your mobile and
bank details to hand, and know the size of
the repayments that you can comfortably
afford.
Short term loan
Our short term loans are for a minimum of 4 days.
All of our loans are repaid via instalments.
Most commonly our loans are structured over two – three months, and this is what customers usually mean when they talk about short terms loans.
We offer R500 – R4 000 loans up to 49 days online, and structure the repayments to be withdrawn from your account via direct debit on the day that you are paid.
The online application takes less than a few minutes.
Personal loan
Sunshine Loans personal loans are unsecured
loans up to R4 000 available to cover near
term expenses that will be larger than
normal. Repayments are deducted from
future income payments in manageable
installments to try smooth the effect of
this one-off event. To apply for a personal
loan use the online application and be
ready to download your bank statements
so that your assessment can be carried
out promptly. A personal loan at
Sunshine Loans is usually for a larger amount
than a payday loan and takes into
account your previous repayment track
record with us.
Quick cash loan
Sunshine Loans is one of South Africa’s newest
online providers of quick cash loans. To
ensure the service we offer is world class,
we scoured the globe to find the best
possible systems to ensure you don’t wait
a minute longer than you need to, to get
your money. To apply for a quick cash loan
simply use our online application form,
have your mobile and bank details to
hand, and know the size of the
repayments that you can afford. The
process is fast, the money paid within the
hour and usually received the same day,
and although you must be employed, you
don’t need a perfect credit history.
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