Rating based on 47 reviews

EC Loans

  • Personal loans up to R100,000
  • Low-interest starting from 28%
  • Repayment up to 84 months

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EC Loans homepage
Author EC Loans. Screenshot of EC Loans website.
[Accessed April 6, 2023]

About EC Loans

EC Loans was established in 2005 to provide online loans.

EC Loans is one of the best online loan companies in South Africa and their online loan application system is quick and easy. They affiliate with many credit providers who provide credit to South Africans via the internet and mobile.

EC Loans, the responsible lenders

All the credit providers they work with are registered. They are regulated by the National Credit Act 34 of 2005. This simply means they should grant you a loan you can afford, a loan that is within the range of your monthly salary.

Things they want to achieve at EC Loans

At EC Loans they strive to be the most preferred financial loan service provider. They want to provide loans, online cash loans for the medium-income sector of the population in South Africa while aligning their business with the relevant financial loan industry governing bodies so that they could influence the loan industry to the benefit of their clients.

EC Loans Services

They have a wide range of affordable loans to choose from. It could be a secured or unsecured loan.

Through EC Loans you can borrow between R1 000 and R100 000 which you can use to attend an unforeseen financial event.

Get the best personal loans at EC Loans

Personal loans are often unsecured loans. It is an amount you can borrow to do your personal things including home renovations. Some personal loans have high-interest rates because they are unsecured while others have affordable interest rates.

They are flexible with their clients

At EC Loans they cannot force you to take any decision you are not comfortable with. You will never be encouraged or forced to borrow more credit than required, they will only give you what you can afford. They will do a status check to determine your immediate and future credit limit. At EC Loans, they are always honest and accurate, which means they will never make any misleading claims or hard-sell your loans.

EC Loans – Personal loan

  • Loan Type Personal loans
  • Interest Rate from 28%
  • Loan Amount up to R100,000
  • Repayment 12 months to 84 months

Benefits of EC Loans

  • Affordable personal loans up to R100 000
  • Bad credit consideration
  • Competitive interest rates
  • Fast turnaround and loan approval

Personal loan calculator

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

You can get approved immediately at EC Loans

At EC Loans all they want to do is to serve people. And they work so hard to get what people need which is quick loans.

They are fully aware that when you are under pressure you need to get the loan easily and quickly. So, they have got you. If you need an easy application form and a quick turnaround you have come to the right place.

EC Loans is the best in the industry

  • They have a 100% secured online application form.
  • 90% approval rate
  • They do not reject you for no good reason. Even if you have been disappointed, you can come to them.

What you need to apply

To apply for a loan, you should be a South African citizen and be over the age of 18 with a valid SA ID. Be permanently employed and earn a minimum of R1 500 per month. Most importantly, be a bank account holder.

EC Loans is still the best in the business

  • Transparency is important to them- they show you everything, including the total cost of repayment very clearly and prominently before you apply on all contracts.
  • They are selective- all the service providers they work with use Credit Bureaus and all the publicly available data at their disposal to guard against fraud.
  • Short-term policy- they encourage you to settle your debt quickly. Either early or on time because you could save if you settle early.
  • They aim to always be fair- they make sure you understand the potential consequences of non-payment or late repayment.

Contact EC Loans today

You get hold of them by visiting their website, filling in the form under contact them and they will get back to you as soon as possible.

EC Loans mission

They strive to allow all their medium-income South African communities to have full access to affordable loans and render a professional and caring service while tackling the financial loan needs of all their clients. They are determined to build a future in which they become the one dependable financial loan service provider in South Africa, for everyone that struggles to get cash loans because they have bad credit with a certain credit service provider.

Customer Reviews & Testimonials

August 2019

I received an affordable loan through EC Loans.

Denise T
— Amanzimtoti —

July 2019

EC Loans have convenient services and the quick turnaround is everything

Wendel Y
— Pretoria —

EC Loans Contact

Physical Address

  • 11 Long St, Cape Town City Centre Cape Town Western Cape 8000 South Africa
  • Get Directions

Opening Hours

  • Monday 09:00 – 17:00
  • Tuesday 09:00 – 17:00
  • Wednesday 09:00 – 17:00
  • Thursday 09:00 – 17:00
  • Friday 09:00 – 17:00
  • Saturday – Closed
  • Sunday – Closed