Rating based on 10 reviews


  • Quick loans up to R8,000
  • FAST loan payout
  • Repayment up to 4 months

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Fasta homepage
Author Fasta. Screenshot of Fasta website.
[Accessed January 23, 2023]

About Fasta

Getting quick loans online has never been this easy.

Fasta provides you with an online application process that takes less than five minutes. They’re a registered financial services provider that welcomes all South Africans to apply for a really quick payout when they need it the most.

Fasta offers you payday loans of up to R8000 that can be paid off in one, two, or three installments. Their online application form is simple and secure. Fasta is upfront with their fees and interest charges.

They’ve put a loan calculator on their main page so that you can estimate what your loan will cost you. It’s important to mention that the loan calculator is set to calculate the loan amount at a 3% interest rate. While they’ll charge you a fixed interest rate, the amount will vary depending on your credit profile.

The three fees:

  • Interest fees

Interest rates charged by Fasta are fixed. You’ll be charged between 0% and 5% based on your credit profile. Whether you’ve taken out a loan from Fasta before may also affect this.

  • Initiation fee

Fasta charges an initiation fee of 10% before VAT. You can choose to pay the initiation fee upfront or have it included in your monthly installments.

  • Monthly service fee

A monthly service fee is charged to cover any administration on Fasta’s end. This fee is R60 before VAT.

Your fees will also depend on how many installments you choose. The less time you take to pay off this loan the less it will cost you!

All you need to do is fill out their quick loan application. You can choose to allow them access to your bank statements online or you can use your online banking app to email them to Fasta. The entire process is quick and easy because it’s completely automated. Once you finish applying, your money could be paid out in minutes.

Fasta Services

With Fasta, your quick loan is in the hands of professionals.

Their service is fast and secure and they offer you three ways to get and use your short-term loan.

Money directly into your bank account

With this option, you’ll have the amount you applied for paid directly into your account. The transfer time is dependent on your bank. You can then spend it anywhere you like.

Your virtual card

You can use your virtual card anywhere online that accepts Mastercard. Alternatively, you can use it in stores that use Snapscan either on its own or with Zapper through VodaPay. Credit is instantly available on your virtual card once your online loan application has been approved.

Check out

With this option, your Fasta loan is paid directly to the online store you’re buying from. This is only available for online purchases from participating stores. This payment is immediately made to the store.

You can also choose to use Fasta’s instant voucher. You can use this payment method in any of the stores that have partnered up with Fasta.

All you do is let the store clerk scan the voucher on your phone or read them the 12 digit voucher number that’s sent to you. Make your first purchase within seven days and any credit left over will be valid for three years.

Stores that accept Fasta payments include:

  • Cellucity
  • Keedo
  • Powerbite
  • Epicdeals
  • Cuebot
  • Travelcheck

Fasta is a responsible lender and your credit history will be checked before a loan can be extended to you. Higher-risk clients may be charged higher interest rates. If you have bad credit or have been blacklisted, Fasta may decline your loan application to protect both you and yourself.

Fasta – Quick loan

  • Loan Type Quick loans
  • Loan Amount up to R8,000
  • Repayment 4 months

Benefits of Fasta

  • Repayments in 3 instalments
  • Get a loan within minutes
  • Online loan applications

Quick loan calculator

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

Fasta make quick loans hassle free

Applying for your quick loan using the online form is as easy as pie.

Why you should choose Fasta

  • The whole process is completed online in real-time
  • The application is easy and can be done in the security of your own home
  • No costs are hidden - know what you’ll pay for your Fasta loan upfront
  • They offer you fixed interest rates
  • You choose how they pay you

Here are the requirements:

  • You must be a South African with a valid ID
  • You must be 18 years or older
  • You must provide your most recent 3-month bank statement to verify your income
  • An internet connection and access to your online banking app

There are two ways to apply for a quick loan with Fasta:

Visit their website and select the amount you would like to borrow. Choose the option to pay it off over one, two, or three installments and check the loan calculator for your estimate. Hit apply and fill out the application form.

Shop at any store that has partnered up with Fasta. When you get to checkout choose the option to pay with Fasta. Fill out the application and watch the purchase go through.

Fasta has come up with a way to make the process of applying for a quick loan online painless. Their policy of honesty and openness in regards to their fees is refreshing. Fasta is a lender that aims to take care of its clients by not overloading them with debt. Choose Fasta when you need cash in a hurry.

man holding thumbs up

Fasta is a trusted & reliable provider of quick loans

In our review, Fasta 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.

✅ Fasta is a registered credit provider in South Africa: NCRCP10591

Customer Reviews & Testimonials

June 2020

I got a virtual card from Fasta. I was surprised at how quick it was, well-done Fasta!

George F
— Roodepoort —

May 2020

Online shopping has never been easier! Fasta paid for me at checkout in seconds.

Joice V
— Springbok —

May 2020

I’ll never use anyone else for quick loans. Fasta just gets it done and I can pay for what I need and go.

Kallie J
— KZN —

Fasta Contact

Physical Address

  • Suite 307, Sovereign Quay, 40 Somerset Rd, Green Point Cape Town Western Cape 8005 South Africa
  • Get Directions

Opening Hours

  • not available