Rating based on 12 reviews

Fasta Loans

  • Short-term loans up to R8,000
  • Fast online loans
  • Repayment up to 3 instalments

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

About Fasta

Fasta is a digital credit provider that specializes in short-term online loans. Fasta strives to bring new financial services and products to the market that other companies don’t have.

Fasta carefully evaluates the customer’s circumstances and needs and then provides a suitable solution. As a responsible lender, they take these precautions to ensure that their customers are not placed under unnecessary financial stress.

Short-term loans with Fasta

Fasta focuses mainly on short-term loans that have a loan term of 3 months or less. They do this at a fair and lower interest rate than most companies.

The credit they provide can be used on anything you want. This doesn’t apply to certain services that Fasta offers. Fasta wants what’s best for their clients, and that’s why they only grant loans within the NCA guidelines and at their own discretion.

Fasta is safe and secure

In the age of online loans, things can be complicated. Fasta goes the extra mile to keep all transactions secure.

Their systems are set up in such a way that they allow you to complete applications safely and securely while still delivering a well-rounded service. Customer satisfaction is a top priority at Fasta, especially when it comes to reliability. So you can rest assured that they’ll have everything under control when you use their credit services.

Fasta Services

Fasta provides loans from R500 to R8000. These amounts are available on loan terms ranging from 1 to 3 months, as they provide instant loans on a short-term basis.

These loans are great to use when you need cash quickly and easily. Their application process takes a grand total of 5 minutes, and their automated system will pay you out just as fast. With this kind of convenience available to you, why would you go anywhere else.

Flexible, instant loans for all

Fasta loans take three forms, which are as follows:

  • Fasta Card - This option gives the customer an instant virtual card, which can be used on whatever one pleases. The only restriction is that the outlet taking payment from this virtual card must be Mastercard friendly. This is also accepted by many stores that use the Snapscan service.
  • Fasta Cash - This option ensures the amount of your choice is transferred to your account. It’s immediately usable and can be spent anywhere, just like a regular personal loan.
  • Fasta Checkout - For this option, they pay the retailer directly. It’s an immediate payment and can be used by any of their partnering retailers.

These three loan types cover a scope of usefulness never before seen in online lending. Fasta prides itself on these services and their reliability.

Fasta – Short-term loan

  • Loan Type Short-term loans
  • Loan Amount up to R8,000
  • Repayment 1 instalment to 3 instalments

Benefits of Fasta

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

Short-term loan calculator

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

Applying for Fasta’s instant services

The application process at Fasta couldn’t be more simple. With only a handful of requirements that need to be met, almost anyone can have access to a quick cash loan.

An application takes only a few minutes, and after a brief automated check, you can have cash transferred into your account. This process is one of the most streamlined available.

Participating retailers ready to transform the market

Fasta chooses to partner with retailers that's useful to you. For this reason, they hand-pick who they deal with. Keep in mind, however, when using services such as online vouchers with the following stores, you’ll have a maximum period of 7 days to use it, or it will expire.

Their services are available 24 hours a day, 7 days a week. So you should have no problem getting short-term loans from them at any time.

How the application works

You’ll need a few things to use Fasta’s services

  • A valid RSA ID
  • A bank account
  • A bank statement spanning the last 3 months
  • You must be at least 18 years old

Once you have the previous four items ticked off your list, you’ll be free to apply for the loan of your choice.

All you have to do is fill out a short online loan application form with your details, and request the amount you need to lend. After that, you can have money at your disposal in a few short minutes. Repayments will go off your account as debit orders when your salary goes into your account.

Fasta is a service that operates on a monthly charge. Their customers are charged a monthly fee of R60. A 15% VAT fee will be applied to any amount loaned by customers. Other than these two small fees charged to maintain access to their services, there are no other costs.

Keeping costs low and the process transparent, they ensure trust with their clients. Other companies can charge outrageous interest rates and fees, but Fasta does its best to keep online short-term loan costs low for your benefit.

Stores where you can spend your FASTA loan

  • Poetry
  • Cape Union Mart
  • Tread + Miller
  • iStore
  • Cellucity
  • Old Khaki
  • Keedo

Vouchers at these outlets can even be used as gift-giving opportunities. These vouchers make shopping at these stores exceptionally convenient, and with their services being delivered in a matter of minutes, shopping emergencies are a thing of the past.

man holding thumbs up

Fasta is a trusted & reliable provider of short-term 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

May 2021

I use Fasta whenever I need to get someone a gift. A voucher saves me the effort of shopping!

Bobby K
— Nelspruit —

August 2021

I always use Fasta when I need to take out short-term loans.

Nettie Q
— Port Elizabeth —

September 2021

Fasta is my service provider of choice, and always will be. I trust them.

Martinique B
— Cape Town —

Fasta Contact

Physical Address

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

Opening Hours

  • not available