If you are facing financial crises and need quick cash to deal with these situations, but don’t know how? Apply for payday loans online South Africa and get the money you need in hours today! Instantfund.co.za helps you find the best fast cash loan with the best terms and rates suiting your financial needs.

What Are Payday Loans?

Payday loans are also known as small loans or short-term loans that are often used to cover unexpected expenses for immediate payouts, such as unexpected expenses that cannot wait until the next paycheck. Generally, these loans are considered by instant processing times with a higher interest rate and are repaid on your upcoming payday.

Why Choose Us For Getting Payday Loan South Africa?

Quick Application

Find out if you meet our criteria in less than 5 minutes.

Flexible Borrowing

You choose how much you want to borrow and use for any short term purpose.

Instant Cash

Receive your instant payday loan amount in as little as 1 hour.

What Purposes Can I Use Quick Payday Loans For?

You can use quick payday loans for the following various purposes:

  • Urgent car repairs
  • Unexpected Medical Bills
  • Buying Groceries For Home
  • Electricity Bills
  • Fixing Plumbing Issue
  • Handling Unpaid Phone Bills

How Can I Get Payday Loans in South Africa?

Borrowers will neither have to waste your valuable time nor have to go through any frustrating formalities to apply for payday loans near me. Simply fill in an online application form and submit it. That’s all you will need to do. Apply with us and we find customized deals suiting your particular needs right away!

You can get payday loans in 1 hour without facing any hassle.  Our website ensures a smooth process without the need for paperwork or faxing documents. We are helping you to provide online payday loans instantly.

After the approval of the loan by the lender, the amount will directly be transferred to your bank account within the same day. The information shared by you will not be shared by any other person other than the loan provider.

What Are The Reasons For Taking Payday Loans in South Africa?

Urgent Financial Needs

One of the main reasons to use payday loans online South Africa is to cover unexpected expenses like medical bills, car repairs, home improvement, vacation expenses, and utility payments. These short term loans provide instant access to funds to dealing such emergencies.

Easily Accessible

Instant payday loans are easily accessible to all South African individuals with a less-than-perfect credit score or bad credit history. People who may not be eligible for conventional bank loans due to various reasons can easily apply for these instant cash loans.


Another reason for getting payday loans in South Africa is speed, which means how quick the approval and disbursement process is. After the application submission borrowers can receive funds within 1 hour or the same day.


Mostly, borrowers take payday loans online South Africa for short terms, normally by the next payday. So, these loans are a wonderful option for those who need a small amount of cash for a short time. This can prevent borrowers from getting stuck in long-term debt commitments.

Can I Get Payday Loans With No Credit Check in Durban?

Yes, of course, you can get payday loans without any credit check in South Africa by using “Instant Fund” website. But you will have to provide proof of regular income or a payslip and bank statement to prove that you can afford the loan and can repay it on time.

However, the lender does not consider checking your credit history while granting the loan, but the loan details are still listed on your credit report.

Can I Apply For Payday Loans Online From Instant Fund?

Yes, you can qualify for payday loans online South Africa. But you need to fulfil some eligibility requirements:

Residency: Be a permanent resident of South Africa to qualify for a payday loan.

Age: You should be at least 18 years old or above while applying for urgent payday loans.

Employment: Borrower has a regular source of income or stable income source.

Documentation: At Instantfund.co.za, you need to provide specific documents, which include proof of identity, proof of address, and proof of income.

Bank Account: Hold an active bank account, where the loan amount will be deposited.

Can I Get Payday Loans If I Have Bad Credit?

Yes, you are still eligible to get payday loans for bad credit from Instant Fund if you have bad credit. There are many lenders in South Africa that offer loans to applicants who have a bad credit history. But, it is important to know that having bad credit can affect the terms and conditions of a same day payday loan. Which includes higher interest rates and fees.

FAQ’s About Payday Loans Online South Africa

Online payday loans are usually short-term and come with repayment terms ranging from 2-4 weeks to 6 months. So, you have to repay the loan amount on your next payday including interest and fees. Otherwise, the lender can levy a penalty on the amount borrowed.

In South Africa, payday loans are the same as short term loans because they are short term. But with the loan tenure, we can find out the difference between payday loans and other short term loans. Instant Payday loans are repaid within a month or two in most cases.

On the contrary, short term loans can have an extended repayment period, from 3 to 12 months.

Payday loans often come with higher interest rates and fees, that’s why they are a little bit expensive. If you do not repay 90 day payday loan on time will result in additional fees as well as a higher loan amount which may eventually damage your credit score.