Rating based on 2 reviews

Hoopla Loans

  • Loans bad credit up to R250,000
  • Low-interest starting from 20%
  • Repayment up to 60 months

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Hoopla Loans homepage
Author Hoopla Loans. Screenshot of Hoopla Loans website.
[Accessed January 23, 2023]

About Hoopla Loans

Hoopla Loans is a South African online broker. With a four-star rating and an amazing 82% loan approval rate, they take the work out of applying for a loan.

You can now apply for a loan on your mobile device or computer in the safety of your own home and have multiple online loan quotes offers within minutes.

One of the benefits of using an online broker is that it speeds up the process. Within seconds of you applying, Hoopla's panel of NCR licensed lenders will be reviewing your profile and deciding how best to assist you. Within minutes you could be signing a loan agreement.

Don’t worry if you have a bad credit record; you can still apply for a bad credit loan through Hoopla. While most financial institutions won’t consider extending a loan to someone with a bad credit history, Hoopla can connect you with lenders who understand and are willing to help you find a financial solution.

Ending up with high-interest rates

The APR (Annual Percentage Rate) is between 20% and 112% and those with a bad credit record will generally be charged a higher APR. While the interest rates are higher for people with a bad credit rating or who have been blacklisted, through Hoopla Loans you’ll still have options.

This is another one of the benefits of applying for a personal loan through Hoopla, once you fill in the application all the lenders willing to extend you a loan will contact you with offers.

You can then compare the options and choose the option that offers you the best repayment rate, interest, and repayment period.

Hoopla Loans Services

Hoopla Loans provides a secure way to connect with the best South African lenders.

Bad credit loans are only one of the services you will have access to. Through Hoopla Loans, you will have access to personal loans, payday loans, and short-term loans to name a few.

Choosing to use Hoopla Loans as your broker saves you time and money, it also gives you a more informed choice. In South Africa's Current financial climate it's far too easy to slip under the waves of debt. Hoopla offers you a way to make an informed decision about the loan you need.

Other loans that you may be interested in

  • Debt consolidation loans - Trade multiple lenders for one and pay less on installments and interest
  • Fast & instant cash loan - Apply and finalize the loan agreement in minutes to receive instant payment into your account.
  • Payday loans - Up to R8001 paid directly into your account and 30 days to pay it off.

Reasons to apply for a loan through Hoopla Loans

  • No queues, the entire process is online
  • Apply for a loan any time anywhere
  • Access to lenders who are available day and night
  • Receive multiple loan offers within minutes
  • Choose the repayment rate and interest that’s best for you
  • Money straight into your account as soon as your loan is approved

It’s time to take the next step and start the application process. It'll be over before you know it!

Hoopla Loans – Bad credit loan

  • Loan Type Loans bad credit
  • Interest Rate 20112% p/a
  • Loan Amount up to R250,000
  • Repayment 2 months to 60 months
  • Decision Between 5 and 45 minutes

Benefits of Hoopla Loans

  • Same day response to applications
  • Approval rate of 84%
  • Finance up to R250 000
  • Repayment periods between 1 and 30 days
  • 100% free to apply

Bad credit loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This bad credit loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Bad credit can't hold you back

No more wasting time waiting for lenders to slog through red tape. Hoopla allows you to apply for a bad credit loan in just a few minutes.

Their trusted panel of lenders will contact you with offers that apply directly to your profile and cater to your needs.

Don’t spend your time and tears on big financial institutions that can’t see past the red tape. Visit Hoopla Loans and see how they can assist you.

From application to cash:

  1. Fill out the application form on Hooplaloans.co.za
  2. Receive loan offers from the panel of lenders by email, SMS, or phone call
  3. Choose the offer best suited to your needs and sign the loan agreement
  4. Check your bank account for your immediate payment

To apply for any kind of short-term loan through Hoopla Loans you must be a South African citizen, employed, and over the age of 18.

Some lenders may not extend loan offers to individuals who haven't worked for their current employer for more than three months or who are still working in their probation period. This is for the protection of both parties. Don’t worry though, there are other lenders on Hoopla’s panel who are willing to take the risk.

Hoopla Loans allow you to apply for your perfect bad credit loan for free and require no documentation. The panel of lenders may still require you to forward them a few things.

The documentation you may need:

  • A copy of your South African ID
  • A copy of your payslip, preferably the most recent
  • 90 days bank statement, this can also be used as proof of income

Hoopla Loans is the obvious choice for a no credit check loan, there is nothing standing between you and the money you need. Lenders willing to consider your application are within your reach.

Customer Reviews & Testimonials

July 2020

Thank you Hoopla! I got a debt consolidation loan and I’ll be debt-free in 3 more months. Eight minutes after I hit apply the payments were done!

Simphiwe D
— Cape Town —

May 2020

I didn’t think it was possible to get a personal loan with bad credit. I did and took my family to KZN for a week. Thanks, Hoopla!

Jacob M
— Kimberly —

Hoopla Loans Contact

Contact Number


  • not available


Physical Address

  • Office 2 Manhattan Corner, Century Way, Century City, Milnerton Cape Town Western Cape 7441 South Africa
  • Get Directions

Opening Hours

  • Monday 08:00 – 17:00
  • Tuesday 08:00 – 17:00
  • Wednesday 08:00 – 17:00
  • Thursday 08:00 – 17:00
  • Friday 08:00 – 17:00
  • Saturday 08:00 – 13:00
  • Sunday – Closed