Up to R250,000 · 6–60 month terms

A personal loan that fits your life, not the other way around

Home improvements, consolidating debt, education, a wedding, a dream trip — whatever you need the funds for, we match you to the right lender. Apply free in 5 minutes.

Start my application See common uses
NCR Registered
256-bit SSL Secured
50,000+ South Africans helped
Open 24 hours, 7 days
NCA Compliant

Why take a personal loan?

Personal loans are one of the most flexible borrowing options in South Africa. Unlike home loans or vehicle finance, a personal loan isn’t tied to a specific asset — you can use the funds for almost anything. Through our free matching service, we connect you with accredited lenders offering R1,000 to R250,000 with repayment terms of 6 to 60 months.

247 Loans is not a lender. We’re a free loan-finder portal connecting you with South Africa’s best lending companies. You fill in one application, and we do the shopping around for you.

How much will it cost?

Interest rates and fees vary by lender, amount, term, and your credit profile. Under the National Credit Act, all lenders are required to disclose the total cost of credit upfront. A representative example: a R10,000 personal loan over 24 months at 27% APR, with a R78.90 monthly service fee, totals R14,787.05 repayable.

Common reasons to take a personal loan

Our applicants use their loans for a wide range of planned expenses. Here are the most common.

Home improvements

Renovations, extensions, new appliances, solar installations — invest in your home’s value and your own comfort.

Debt consolidation

Roll multiple high-interest debts (credit cards, store accounts) into one simpler monthly payment at a lower rate.

Education & studies

Tuition, textbooks, short courses, or a child’s university registration — fund education without touching savings.

Weddings & events

Cover the cost of a dream wedding, anniversary, or milestone celebration without draining your savings account.

Travel

That overseas holiday, a family reunion abroad, or domestic travel — cover it with a structured, predictable loan.

Vehicle repairs or upgrades

Major service costs, replacement parts, or a deposit on a newer vehicle. Keep your wheels turning without disruption.

Matched with trusted lenders including African Bank Capitec Nedbank Standard Bank RCS Bayport Wonga + many more

Three reasons to use us

One application, many offers

Lenders compete for your application. You may receive multiple offers, giving you real power to choose the best deal.

Free, always

No application fees, no subscription, no hidden costs. Lenders pay us — never you.

Safe & compliant

256-bit SSL, full POPIA and NCA compliance, and we only share your details with lenders you consent to.

3
3
Simple requirements to qualify
Unsecured No collateral Any purpose Any SA bank

Do you qualify?

Getting a cash loan with us is designed to be as straightforward as possible. Here’s everything you need.

  • Be 18 years or olderYou must be of legal age to enter into a credit agreement in South Africa.
  • Have a valid South African IDA green barcoded ID book or smart ID card is required to verify your identity.
  • Hold a South African bank accountFunds are deposited directly into your account. Any major SA bank is accepted.
Check if I qualify — it’s free
4.7
Based on 2,400+ verified South African reviews on Google & Hellopeter

“Wow, definitely the best service ever. Applying was super quick and easy. I had cash in my account the same afternoon. Couldn’t have asked for more!”

BN
Bongkile Ndlovu
Durban, KZN • Google Review

“I was nervous about applying online but the whole process was completely transparent. Got approved within the hour and funds arrived before end of business day.”

TM
Thabo Molefe
Johannesburg, GP • Hellopeter

“Really straightforward. The loan calculator helped me understand exactly what I’d pay back before I even applied. No hidden surprises whatsoever.”

NP
Nomsa Pietersen
Cape Town, WC • Google Review

“Applied on a Saturday morning and had money in my account by 1pm. Incredible turnaround. The team is professional and the whole experience felt very safe.”

KD
Kagiso Dlamini
Pretoria, GP • Google Review

“As a first-time applicant I had loads of questions. The FAQ section answered everything. Application was done in under 5 minutes. Will definitely use again.”

SR
Sipho Radebe
Port Elizabeth, EC • Hellopeter

“I needed R15,000 urgently for a medical emergency. 247 Loans connected me with a lender within 30 minutes and the funds were in my account same day.”

LV
Lerato van Wyk
Bloemfontein, FS • Google Review
★ View all reviews on Hellopeter →

Need cash today?

Start your free application in under 5 minutes — no documents needed, no credit check to apply.

Start my application →