Rating based on 12 reviews


  • Payday loans up to R4,000
  • Fast & Easy Loans
  • Repayment up to 31 days

In-page navigation

Mipaydayloans homepage
Author Mipaydayloans. Screenshot of Mipaydayloans website.
[Accessed April 14, 2023]

About Mipaydayloans

Payday loans give you a safe, fast, and affordable way to deal with any financial emergency life may throw at you.

Typically, they consist of a low amount you can pay off with your next paycheck. This allows you to deal with the problem quickly without getting bogged down with an extended repayment schedule.

What Mipaydayloans bring to the table

West-Pro finance has been providing South Africans with affordable financial products since 2016. As their online ambassador, Mipaydayloans work tirelessly to continue the tradition of making loans accessible to underserved communities.

They take pride in offering accessible financial products to medium and low-income households while promoting growth in the communities they serve. The online process makes it simple to apply at any time from anywhere and receive the cash you need within 72 hours.

The role of micro-lenders as an FSP

Micro-finance became popular between 1990 and 2000 for servicing a market overlooked by mainstream banking institutions at the time. Their focus has always been on providing small short-term loans to people who don’t meet the stricter qualification criteria set out by banks.

Payday loans are the perfect examples of micro-loans. They offer amounts of under R8,000 that are due within 30 days. The benefit to the service provider is that the risk of a customer defaulting on the loan is low. You benefit from the flexibility of this product and the relaxed criteria that makes it easier to obtain.

How to sign up and earn cash

If you love their service once you’ve tried it and want to share it with the world, why not get paid for it? Register for their unique referral program manually or online and earn a commission for every person who uses your code when applying for their payday loan. They offer in-person, telephonic, or online training to maximise your effectiveness.

They’ll give you a link to send family, friends, and co-workers who have been employed for over six months. Once they’ve followed the link, applied using your code, and received approval on their loan, Mipaydayloans will work out your commission.

Mipaydayloans Services

If you’re days away from your next salary and facing the prospect of bills you have no room for in your budget; a payday loan is a perfect solution.

These loans are specifically structured to be easy to obtain and have super-fast turnaround times.

Get your Mipaydayloans for up to R4,000

You can apply for between R100 and R4,000 with a maximum of 31 days to repay. By adjusting a set of sliders, you can select the term and amount that are most affordable. You’ll see an estimate of the fees attached and how they change with your selection.

To ensure loan approval, borrow only what you need and choose a reasonable term. When reviewing your loan application, lenders will check your credit score and assess your finances to determine the affordability of your selection.

Responsible lenders won’t extend a product to you if you can’t comfortably repay it on time.

Interest on payday loans is calculated by the day

Mipaydayloan’s onsite calculator shows you what they’ll charge in interest and other fees depending on the amount and term. While interest and costs depend on how much you borrow, only the interest changes when you change the repayment date.

For example, if you pick R1,000, you’ll pay R266.68 in fees regardless of the term. For one day, you’ll pay R1.95, for 15 days R29.25, and for 31 days R60.45 in interest. Your credit score will influence the rate they’ll charge you.

The penalties for later and non-payment

It’s vital to be 100% sure you can afford a once-off payment for payday loans. A penalty fee of R150 plus 10% of the loan amount will be added to your account per month of failed payment. After 60 days, Mipaydayloans will hand you over to an external debt collector.

This reflects poorly on your credit profile, dropping your score dramatically. Most lenders are prepared to renegotiate the terms of your loan if you’re having trouble making payments but can only help you if you reach out to them before things get out of hand. 

Mipaydayloans – Payday loan

  • Loan Type Payday loans
  • Loan Amount up to R4,000
  • Repayment 1 day to 31 days

Benefits of Mipaydayloans

  • Loans payout within 72 hours
  • Quick online loan application
  • Online loan calculator

Payday loan calculator

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

Payday loans in 3 simple steps

You’re one short application away from not having to white-knuckle your way to payday.

Mipaydayloans provide a safe, transparent, user-friendly service that won’t let you down when you need it most. Loans get paid directly into your bank account within minutes of approval.

Before you get started, here are a few requirements:

  • You must be permanently employed  and receive a regular salary
  • A bank account registered in your name must reflect that payment
  • Mipaydayloans only extend loans to S.A. citizens who are 18 years or older
  • You’ll need to give them permission to verify your information and perform a credit check

You’re only 3 steps away from financial relief

Step 1: Use sliders on the loan calculator to choose a product you can afford to repay in a single payment. Adjust until you’re satisfied with the estimate.

Step 2: Fill in the form accurately and provide the required documentation. Your information will be used to assess whether you qualify for this product.

Step 3: Read through the loan agreement, then sign and return it once you understand the terms and conditions. All that’s left is to relax and wait for the money to reflect in your account.

Documents and details

The application requires your bank details, physical and postal address, and a description of your income and expenses. The lender cross-references the latter with your bank statements during the affordability assessment, so it’s best to be open and detailed about this information.

The following documents will be required during the application process:

  • A copy of your ID
  • Most recent payslip
  • Bank statement showing activity for the last 90 days

Mipaydayloans is a responsible lender and won’t extend a loan if the assessment shows that it could harm your financial profile.

man holding thumbs up

Mipaydayloans is a trusted & reliable provider of payday loans

In our review, Mipaydayloans adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ Mipaydayloans is a registered credit provider in South Africa: NCRCP12128

Customer Reviews & Testimonials

May 2022

Mipaydayloans is a life-saver. I was nervous about getting a loan, but after seeing what they offered, I tried it. They paid it out before I had time to blink and got me out of a hairy situation...

Sipho D
— Johannesburg —

June 2022

Mipaydayloans is my go-to when I run into financial issues. I’m happy with how fast they work and their low-interest rates. I recently joined their referral program and it’s fantastic!

Rebecka B
— Vryburg —

March 2022

I’m impressed with Mipaydayloans and the service they offer. They made the process easy to understand and were clear about the terms. I recommend them to anyone trying their first payday loan.

Robert D
— Hartenboss Bay —

Mipaydayloans Contact

Physical Address

  • Unit 17, 6 Jones Street Watcor Park Cape Town Western Cape 7490 South Africa
  • Get Directions

Opening Hours

  • not available