Payday loan calculator

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The interest rate of a loan will vary based on your credit score and risk profile.

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This payday loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Getting a payday loan is as easy as completing a quick online loan application

When you need quick money you need a lender that can provide you with exactly what you need within a very short time frame and that's exactly what FinChoice strives to provide.

Application requirements for a payday loan

In order to apply for a payday loan with them, you must be over 18, be employed full-time, and have a South African identity document. They will also request that you provide them with a copy of your ID, your bank statements, and your payslips. They will use these documents to conduct an affordability check before approving your loan.

How they ensure your needs are met

If you have less disposable income, they offer you a longer personal loan term with our 12 to 24-month loan and if you want to save money they will offer you a shorter loan term with their 6-month flexi loan to help you save interest. This is because they believe that they need to provide you with the one thing you can't get anywhere else - flexible, personalised service.

If you had salary issues or previous credit hiccups don’t despair, they won’t simply reject your loan application instead they will find a way to grant your request.

Every day there are new lenders that enter the financial market and each one seems to promise better benefits and lower rates than the next one, but with so many options it can be very confusing to figure out which are legitimate lenders that are there for their clients and which are those wanting to trick them, just to make a quick buck.

They have been in the financial field for many years and have countless satisfied customers around South Africa. Their aim is to provide average South African citizens with the cash that they need when they need it.

Perks for returning customers

Once you have applied for one of their online payday loans you will be granted access to the member area. You can easily monitor your account using your unique cell phone number and passport.

If you require more money you can apply for an additional loan from their member area. You can apply for an additional loan even if you currently have an active loan. The requested loan will only be approved if you are able to afford it.

Advantages of a Finchoice payday loan

• Apply anytime 24 hours a day
• No need for a face-to-face consultation
• The quick easy application system
• Upload supporting documents directly to the site
• No need to complete the paperwork
• The money will be paid into your account quickly
• Apply for additional loans
• Perks for returning clients

Payday loans are perfect for when you need some quick cash to pay for an unexpected expense. There are no restrictions on what they can be used for and the rates that they offer are very competitive.

Repaying your loan is just as simple as their direct debit order that runs automatically on your appointed salary date.