Rating based on 10 reviews

Sunshine Loans

  • Payday loans up to R4,000
  • 100% Online Loans
  • Low-interest starting from 4 days%

In-page navigation

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

About Sunshine Loans

It’s the middle of the month and you’ve received an unexpected bill, or the car broke down and you didn’t plan ahead. Luckily Sunshine Loans can assist with your cash flow problems in the form of a payday loan.

What is a payday loan?

A payday loan is a small cash loan that you can apply for and get immediately. These types of loans usually carry a 31-day repayment period or are payable on your next salary date. They’re a simple and convenient option for those mid-month cash troubles.  

Being a responsible lender is the most important aspect of Sunshine Loans’ business.

They pride themselves in abiding by the code of conduct prescribed by the National Credit Regulator. Sunshine Loans are regulated by the NCR and your financial well-being is of high priority to them.

Clear and concise terms from Sunshine Loans

Sunshine Loans promises to provide you with clear, concise, and understandable payday loans. With their loans, you can rest assured that you’ll know what you’re expected to pay for before you take the loan out.

Part of being a responsible lender is allowing you to only borrow what you can afford. Simply put, this means that Sunshine Loans will only let you take one loan at a time. Once you’ve repaid this loan, you can apply for another.

Since Sunshine Loans has your financial well-being at heart they’ll never charge you any penalty fees for repaying your loan early.

Sunshine Loans Services

Getting a payday loan from Sunshine Loans is super easy and requires no paperwork, or standing in long queues. Their credit process has been designed for your convenience and pays out within 24 hours of approval.

Sunshine Loans can assist you with a payday loan of between R500 and R4,000. They offer you a repayment term ranging from 4 to 49 days. These loans are processed 100% online for maximum convenience.

A Sunshine Loan payday loan example

Suppose you apply for a payday loan of R3,000 with a repayment period of 35 days. The total repayment amount will be R3,696.78 with a total of R696.78 in costs and fees.

What Sunshine Loans can offer you

Apart from a payday loan, Sunshine Loans has two more loan options to choose from:

  • Cash advance – A cash advance loan is normally less than R4,000 and gives you a repayment period of up to 7 weeks. It works much like a payday loan and is available in record time.
  • Emergency loan – This is a super fast, hassle-free loan for those unexpected emergencies that need urgent attention.
  • Short-term loan – This is a loan of between R500 and R4,000 with a slightly longer repayment period than other loan options.
  • Personal loan – With this loan option you could enjoy up to R4,000 with a repayment term that stretches over a longer period than other loans.

While many lenders look at your credit record, Sunshine Loans will not hold your credit record against you. They’ll focus on your most recent repayment history and affordability.

Sunshine Loans – Payday loan

  • Loan Type Payday loans
  • Interest Rate 4 days49 days% p/a
  • Loan Amount up to R4,000

Benefits of Sunshine Loans

  • No paperwork
  • Affordable loan repayments
  • Easy online loan application

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.

Sunshine Loans’ easy application process

Like with any loan, there are some requirements you need to comply with before you can apply.

Eligibility requirements for a payday loan

  • You have to be over the age of 18 years
  • Be a South African resident
  • Be permanently employed with a steady income

Documents needed for verification purposes

  • South African ID document/Smart card
  • Bank statements to verify your account number
  • A valid, working cell phone number for receiving SMSs
  • 3 Months’ payslip to verify your income

The easy loan application process

Sunshine Loans offer you quick, simple and convenient payday loans in record time. When you apply for a loan in the morning, your loan is typically approved and paid out on the same day. Loans that are approved before 5 pm are paid out the following business day.

Your 5-step guide

  1. You’ll navigate to the Sunshine Loans homepage. From there you’ll find the loan calculator where you can calculate what your borrowing power can be as well as your repayment amount.
  2. If you’re satisfied with the amounts presented, you can click on the apply now button. This will lead you to the payday loan application page.
  3. You’re required to complete the application form in full and submit it along with the supporting documents.
  4. They’ll do the necessary checks and verifications and you’ll be notified of approval within 30 minutes.
  5. If approved, you can expect your loan to be paid within 24 hours.

Why Sunshine Loans is a good choice

  • They provide fast, hassle-free loans
  • 100% online
  • They’re dedicated to responsible lending
  • Customer service is their top priority
  • You can qualify even if your credit score is low

Let Sunshine Loans help you with cash in a flash

Sometimes unplanned events can take you by surprise and you need a little extra cash to fill the gap. When this happens, Sunshine Loans can make things easier.

They’re a trusted lender and have helped many South Africans in financial need. Go to their website and see if you qualify for a payday loan today.

man holding thumbs up

Sunshine Loans is a trusted & reliable provider of payday loans

In our review, Sunshine Loans 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.

✅ Sunshine Loans is a registered credit provider in South Africa: NCRCP14110

Customer Reviews & Testimonials

October 2022

I always plan ahead as unforeseen things often creep up on me. My car broke down and I just needed a little extra cash to get it fixed. I applied for a payday loan from Sunshine Loans and receive...

Sipho D
— Sutherland —

November 2022

My daughter had an event at school and I was not financially prepared for it. I applied for a payday loan from Sunshine Loans and was glad to get the cash I needed in record time.

Mbali S
— Bloemfontein —

September 2022

I would like to take this opportunity to extend my thanks and appreciation to Sunshine Loans. They assisted me with a payday loan and I could not believe how effortless the application was.

Susan V
— Germiston —

Sunshine Loans Contact

Physical Address

  • 25 Quantum Street Technopark Stellenbosch Western Cape 7600 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 – Closed
  • Sunday – Closed