Rating based on 77 reviews

EC Loans

  • Instant loans up to R120,000
  • Low-interest starting from 28%
  • Repayment up to 84 month

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EC Loans homepage
Author EC Loans. Screenshot of EC Loans website.
[Accessed January 5, 2021]

EC Loans - Same day loan pay-outs

EC Loans first opened its doors to the public in 2005 to bring quick online cash solutions to South African citizens that were struggling to obtain financing through traditional lenders and banks. We offer our clients financial solutions in the form of personal loans, business loans and payday loans.

To apply is relatively simple all you need is an internet connection, take a few minutes to complete the online loan application and receive your outcome almost immediately. If you have bad credit or a low credit score, you may still qualify for one of our loans so we encourage you to apply. You have nothing to lose as applying is 100% free of charge.

Same day loan pay-outs

One of the things that make our clients smile is the fact that most of our instant loans are often paid-out the same day. This makes our service great for those that need cash for a time-sensitive deal or cash for an unforeseen emergency.

Our vision for the future

As our business continues to grow and we help more and more satisfied clients our vision for the future is to become South Africa’s preferred lender and provide financing for those citizens that find it difficult to obtain a loan through regular channels or have their loan application declined due to bad credit or past financial mistakes.

We aim to do this by affecting change in the financial industry and making our quick cash loan products as affordable as possible. Our aim is to treat all our clients with dignity and respect while finding them a financial solution that will help them get ahead in life and combat their debt problems head-on.

Loans for clients with bad credit

Online instant cash loans are unsecured loans this means that you don't have to own a house or vehicle to obtain them.

Your affordability is based on your individual circumstances, expenses and the salary that you receive.

This allows those that have bad credit the option to apply for a loan. The amount that you receive will be in line with these details so that you never borrow more than you can afford to repay.

The EC Loans difference

EC Loans is different because we look for reasons to say yes to your online loan application and even if we can’t lend you the amount that you are after, we will lend you an amount that you can comfortably afford to repay without pushing yourself into debt. Our consultants are friendly and there to assist you by answering any questions that you may have.

Our loans were designed as short term cash solutions

There is no need to perform a credit check as we don’t penalise you for your past financial mistakes and instead concentrate on finding you a suitable cash solution to meet your requirements.

To apply for one of our loans you need to be a South African citizen and hold a steady job and have a bank account that your loan will be paid into. Our instant loans can be found in many forms, instant loans, instant cash loans, poor credit instant loans, microloans, consolidation loans, blacklisted loans, long term loans, student loans, direct loans, indirect loans to name a few.

EC Loans – Instant loan

  • Loan Type Instant loans
  • Interest Rate from 28%
  • Loan Amount up to R120,000
  • Repayment 160 days to 84 month

Benefits of EC Loans

  • Instant Cash Loans
  • Personal Loans
  • Bad Credit Loans

Instant loan calculator

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

EC Loans - Loan applications within minutes

Applying for our loans is as simple as completing the online application form and will only take a few minutes of your time.

If you need help or have any questions one of our friendly consultants will happily assist you with whatever you need. Our long and short term loans terms and conditions are very straight forward and simple to understand. If you have a bad credit record or a low credit rating, you are still able to apply as our loans are based on your current level of affordability.

Personal loans

Our personal loans allow clients to borrow as much as R120 000 depending on their level of affordability and the amount of time that you will need to repay the loan.

Once we have completed a few checks to make sure that you are employed and can afford to repay the instant cash loan amount that you requested, we will approve your loan application.

Once your application has been approved you could receive your money on the very same day. The cash will be paid directly into your bank account and available to use however you see fit.

Short–term lending practices

Applying for a loan shouldn’t mean that you are stuck in a long term financial contract forever. In fact, our loans were designed to be repaid as quickly as possible. Pay your loan off as quickly without worrying about early settlement fees or penalty charges.

If you need to find out how much interest you are being charged or you would like to monitor your loan repayments this can all be tracked through our online portal.

If you have a cash strapped month and are struggling to make the minimum payments on your payday loan, let us know so that we can help you realise a fair late repayment solution and not be penalised pushing you further into debt. 

Customer Reviews & Testimonials

December 2018

EC Loans ensured that I get a loan that would suit my budget and wouldn’t alter any of my other payments.

Ntokozo M
— Soweto —

March 2019

I am happy with the interest rates I am paying at EC Loans. This is the reason why I urge everybody else who is looking for an affordable credit provider to apply for an advance at EC Loans.

Mary Jane V
— Durban —

April 2019

Applying for the EC Loan on their website was fast, easy and convenient.

Victor D
— Sasolburg —

EC Loans Contact

Physical Address

  • 11 Long St, Cape Town City Centre Cape Town Western Cape 8000 South Africa
  • Get Directions

Opening Hours

  • Monday 09:00 – 17:00
  • Tuesday 09:00 – 17:00
  • Wednesday 09:00 – 17:00
  • Thursday 09:00 – 17:00
  • Friday 09:00 – 17:00
  • Saturday – Closed
  • Sunday – Closed