Rating based on 22 reviews

Wanna Loan

Updated
  • Loans bad credit up to R3,000
  • Low-interest starting from 5%
  • Repayment up to 37 days
Wanna Loan homepage
Author Wanna Loan. Screenshot of Wanna Loan website.
[Accessed January 30, 2023]

Wanna Loan - Premium payday loans

At Wanna Loan, they stumbled upon the data that showed a growing number of South Africans who struggle to access short-term credit. That's how their mission came about.

Their mission is to create a solution to relieve the burden of denial of credit for the smaller things, by providing small loans for bad credit over shorter periods. Wanna Loan has quickly become one of South Africa's premium payday lending companies.

A team of specialists

They're based in Cape Town where their team has built up years of experience in the financial industry. They're proud of their involvement with the Blackbird group, as they've been the leaders in the financial industry and, in particular, short-term loans for many years.

Their promise to you

As a reputable payday loan company, they promise that you'll get the highest standard of service. They're a fair and transparent lender and there are no hidden fees. They put you first and they aim to always provide you access to short-term loan credit.

Borrow between R500 and R3 000

If you need a payday loan in a hurry, look no further. They're the leaders in the market for quick cash loans and they strive to champion the customer experience at all times!

With their bad credit loans, you can borrow between R500 and R3 000 with a maximum repayment term of 37 days.

Fast online application

With their unique and innovative online technology, they're able to bring you faster loan processing times.

The online loan application is simple and quick to complete. You'll receive instant feedback on the outcome of your loan application and if you qualify, they'll supply you with loan options to choose from.

Affordability assessment

They strive to help anyone who meets their criteria to get a microloan regardless of your credit score. Once you've furnished them with all your particulars, they use this to assess your creditworthiness and determine your ability to repay the personal loan as per the terms given.

Wanna Loan – Bad credit loan

  • Loan Type Loans bad credit
  • Interest Rate 560% p/a
  • Loan Amount up to R3,000
  • Repayment 2 days to 37 days

Benefits of Wanna Loan

  • Same day payout
  • Instant cash loans
  • High approval rates on loans
  • Bad credit loans approved

Bad credit loan calculator

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

Wanna Loan - Loans for clients with bad credit

If you apply on a weekday, they aim to pay you out on the same day your loan is approved.

In just a few instances it could take a little longer, but that all depends on how long the post-approval verification checks take.

If everything goes as it should, you should have the funds in your bank account within an hour of your personal loan for bad credit being approved.

If you apply over the weekend and your loan is approved, you'll receive the funds the following day. Your first payment is only due the following payday.

They offer competitive rates

You can qualify to borrow between R500 and R3 000 with a maximum repayment term of 37 days. The interest rate is 0.17% per day. You'll pay less total interest on shorter terms.

Innovative technology for instant communication

Through their online platform, they use unique, innovative technology that allows them to process your blacklisted loan application faster through a fully automated service. This technology also allows them to have instant communication with you.

Easy-to-use loan calculator 

Visit their website and make use of their loan slider to calculate how much your loan will cost as well as how much you'll be expected to pay in interest. It's easy to use and you'll see immediately what costs are involved.

Confidentiality is guaranteed

They use unique data privacy procedures that'll guarantee that your personal files and details are secure with them. Their safety procedures ensure that their database is safe from anyone outside of their company.

Let Wanna Loan help you get a bad credit instant cash loan fast and effortlessly. Visit their website and apply today. Choose Wanna Loan -  South Africa’s leading firm in online, payday loans!

man holding thumbs up

Wanna Loan is a trusted & reliable provider of loans bad credit

In our review, Wanna Loan 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.

✅ Wanna Loan is a registered credit provider in South Africa: NCRCP6569

Customer Reviews & Testimonials

August 2018

Super quick Service and nice and refreshing to be able to trust a company again.

Garry W
— George —

February 2019

Great service and the staff are always ready and willing to help you.

Kyle B
— Cape Town —

May 2019

Got my loan really quickly could not believe that I had been approved even though my credit level is low I am grateful.

Shaun M
— Pretoria —

Wanna Loan Contact

Physical Address

  • 1 Willie van Schoor Drive Bellville Cape Town 7530 South Africa
  • Get Directions

Postal Address

  • PO Box 378, Cape Gate, 7562, South Africa

Opening Hours

  • Monday 08:00 – 18:00
  • Tuesday 08:00 – 18:00
  • Wednesday 08:00 – 18:00
  • Thursday 08:00 – 18:00
  • Friday 08:00 – 18:00
  • Saturday – Closed
  • Sunday – Closed