Rating based on 51 reviews

Friendly Finance

  • Personal loans up to R8,000
  • Reliable online loans
  • Repayment up to 12 months

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Friendly Finance homepage
Author Friendly Finance. Screenshot of Friendly Finance website.
[Accessed January 19, 2023]

About Friendly Finance

At Friendly Finance they specialise in guiding all South Africans to make better financial decisions.

They give you access to a wide range of common consumer finance products, such as personal loans, car loans, short-term loans, and credit cards. They are a helping hand in selecting consumer finance products.

They are a comparison site with a vision

At Friendly Finance they strive to become South Africa’s most trusted source of information on consumer finance. They aim to become your most valuable hub for finance knowledge, information, and news. For you to achieve your dreams they should focus on their core area of expertise only which is consumer finance. They aim to provide the most useful and informative information.

The leading finance comparison

At Friendly Finance they are the leading finance comparison site because of all the skills, knowledge, and experience they have acquired over the years. They fully understand the importance of refreshing the information they have more frequently so that people can always get valid information whenever they are using their site.

Friendly Finance Services

Personal loans are larger than short-term loans and they are usually paid back in monthly installments for a longer period.

The personal loan repayment period varies. You receive a repayment period based on your monthly instalment and the money you owe. Your repayment period can be either 6 months - 12 years.

Types of personal loans:

  • Unsecured personal loan- when you apply for unsecured loans, you are not required to have an asset that you will use as loan security. However, most unsecured loans have the highest interest rates to mitigate the risk of lending to the lender.
  • Secured personal loans- when you apply for a secured loan, you are required to use an asset of the same value as your loan as security. When you fail to repay the loan, the asset will be taken and auctioned to cover the remaining costs. Secured loans have the most affordable interest rates.

Is it safe to repay your personal loan early?

When you use Friendly Finance to apply for a personal loan you can borrow from R1 000 - R150 000. However, repaying a loan early is not ideal since some loan lenders might charge you a fee for doing so. But it is very important that you do not miss your monthly instalments.

Friendly Finance – Personal loan

  • Loan Type Personal loans
  • Loan Amount up to R8,000
  • Repayment 1 month to 12 months

Benefits of Friendly Finance

  • Compare lenders and quotes
  • Get cash instantly 
  • Apply for a loan in 2 minutes

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.

It is easy to apply for a loan through Friendly Finance. No paperwork

When you are a South African, it is easy to apply. Some lenders offer online applications, telephone applications, postal applications, and in-person applications.

When you apply for a loan online, you also attach the documents needed on your application while the phone application requires you to send the documents to them. Required documents vary from lender to lender.

They have the experience

Friendly Finance has decades of financial services experience, they will never do any mistake or mislead you. They work directly with consumers which makes it easy for them to translate confusing jargon into simple, meaningful language that is easy to understand.

How does Friendly Finance work

  • Step 1- When you need a loan, you visit their website and click the ‘Apply’ icon
  • Step 2- their application form takes only 2 minutes to complete. You fill it in full and submit your application.
  • Step 3- After submitting, they search their network of lenders.
  • Step 4- it is decision time. You are matched with a lender and complete your loan.

Basic documents required when you apply for a loan

At Friendly Finance they only consider your application when the following documents are attached:

  • A valid South African ID, provided you are over 18
  • 90 days bank statement
  • Information stating all your debts including, assets, savings, expenses, or other proof of your financial situation
  • Proof of income

Getting hold of Friendly Finance

When you want them, you can go directly to their offices and they will assist you. But you can also call them only on workdays and most importantly during office hours. Furthermore, you can also visit their website more often to view all the services they have on offer.

Customer Reviews & Testimonials

September 2019

“ I needed a loan to extend my house and through using Friendly Finance I got an affordable loan

Nora S
— PE —

October 2019

I made use of Friendly Finance services and I am still in shock by the quick turnaround time

Greg Y
— North West —

Friendly Finance Contact

Contact Number

  • not available


  • not available


Physical Address

  • Corner Wale Street and Burg Street 7th Floor, Mandela Rhodes Place Cape Town Western Cape 8000 South Africa
  • Get Directions

Opening Hours

  • Monday 08:00 – 17:30
  • Tuesday 08:00 – 17:30
  • Wednesday 08:00 – 17:30
  • Thursday 08:00 – 17:30
  • Friday 08:00 – 17:30
  • Saturday – Closed
  • Sunday – Closed