Rating based on 60 reviews

Power Loans

Updated
  • Quick loans up to R8,000
  • Low-interest starting from 60%
  • Repayment up to 6 months
Power Loans homepage
Author Power Loans. Screenshot of Power Loans website.
[Accessed January 23, 2023]

About Power Loans

While short-term loans online are certainly going to cost you more in interest it isn't nearly as bad as you've been led to believe and comes with a range of benefits which include an online application, quick turnaround times, great service, and total confidentiality.

If you need money now - then you're in the right place!

Having served South Africans with an affordable personal loan for years, they have the experience to serve you with just the right product, at the right rate and term. Power Loans offers you a flexible lending service that you can make use of online - 24 hours a day, 7 days a week!

Power Loans Services

They offer new and existing customers fast loans that range from a small R500 to a decent R8 000 - 100% online.

They will review your loan application and then if successful send you your power cash card which you will use to withdraw funds.

Get by with a loan from Power Loans

It is certainly difficult times to live in with petrol, electrical and grocery prices skyrocketing and constantly leaving people broke and unable to do the things that they really need and want. They offer payday loans that you can apply for online to help you deal with such problems. Don’t let cash flow problems get the best of you - fight back with an affordable loan.

Power Loans – Quick loan

  • Loan Type Quick loans
  • Interest Rate from 60%
  • Loan Amount up to R8,000
  • Repayment 60 days to 6 months
  • Decision 1 hour

Benefits of Power Loans

  • Quick loans starting from R500
  • Flexible repayment terms up to 6 months
  • Low-interest rates

Quick loan calculator

R
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.

You can have your loan approved TODAY! Simply apply for a quick loan with Power Loans

Why stand in line at your bank when you can sit at home and sip a cup of warm coffee while filling out a simple online loan application form?

Borrow up to R8 000 online

If you need a quick loan that ranges from R500 up to R8 000 then Power Loans is the perfect lender for you. They allow their customers to select the loan amount that they need and then they adjust the loan term to fit in with the customer's budget.

What you need to apply

To apply simply visit their website and click on the "apply now" tab which will direct you to their concise application form. Here you will have to fill in your personal information, address, telephone number, and income and expenses information. You will also have to upload your certified ID, 3 months' bank statements, most recent payslip, and proof of address.

Help them help you

It is extremely important that all the information and documents you provide them are completely accurate because this will guarantee that they'll be able to process your loan faster without any hiccups. Any inaccuracies will delay their ability to do.

Assistance whenever you need it

You can make a request for them to contact you by filling in a brief online form and they'll get back to you as soon as they can to answer your questions or guide you as you complete your application. Or if you want to talk to someone quicker, you can simply give them a call.

They're 100% transparent

They're fully upfront about how much your loan will cost you because they want you to be well-informed before you apply. So you can rest assured that with them, they lay all the cards on the table for you to see and there won't be any unwelcome surprises for you down the road. Furthermore, because they'll clearly outline this information to you, this will help you determine if you can really afford the loan or not.

man holding thumbs up

Power Loans is a trusted & reliable provider of quick loans

In our review, Power 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.

✅ Power Loans is a registered credit provider in South Africa: NCRCP2274

Customer Reviews & Testimonials

February 2019

Power Loans offered me the most affordable loan compared to what other lenders offered me. I'd highly recommend them.

Leroy V
— Kimberley —

March 2019

I needed a quick loan to pay for an unplanned medical bill and Power Loans came through for me. Very happy with the fast and efficient service I got.

Jodie M
— Stellenbosch —

Power Loans Contact

Physical Address

Opening Hours

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