Rating based on 61 reviews

Power Loans

  • Instant loans up to R8,000
  • Low-interest starting from 36%
  • Repayment up to 180 days

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

Power Loans - online instant loans

Power Loans puts the power of applying for a loan back into your hands. We will assist you in getting the cash that you need today. Applying for a loan does not have to be a long process, time is money and we want to save you both.

Our loans are very simple to apply for and as the process can be completed online the application form will only take a few minutes of your precious time to complete. You will be given an answer immediately.

Power lending options

Use our sliders to determine how much you would like to borrow. Our instant loans range between R500 and R8000 with between 61 and 180 days to repay your loan depending on the option you select.

Our interest rates are highly competitive and we offer a customer insurance protection plan to protect your interests should you not be able to honour your loan agreement.

Cash till your next payday 

If you have some extra month at the end of your money and you don’t know how you are going to cope our payday loans are the perfect solution.

Depending on how much you get paid we will lend you a portion of your salary that needs to be repaid by your next pay date in your pay cycle. The more that you earn the more you will be able to borrow.

If paying the entire amount back in full might be a problem for you, we have other options available that allow you a longer period of time to repay your loan or if you need a larger amount of money then apply for one of our personal loan options.

Straightforward loan applications

Our instant cash loan service is slightly different to traditional lenders as when you apply for one of our loans and your application is approved we will send you a Power Cash Card this card can be used at any ATM nationwide or you can use it to make debit purchases in all stores.

Our personal loans are granted subject to a credit check and your level of affordability. Our payday loans require you to have stable employment and have the ability to repay the loan but are not subjected to a credit check.

Extending your payday loan

Our fast loan options give you up to 45 days to repay your loan depending on your individual pay cycle. Your Power Cash Card will be loaded with the amount that you are granted and this card can be used at any retail shop where Mastercard is accepted or at any ATM.

Our loans do not come with a top-up the option or a renewal policy, if you would like to apply for an additional loan, you must first make sure that your original loan is paid back in full before you apply for any additional loans.

Is it easy to apply?

It is very simple to apply for a Power loan simply log onto our website and complete the online loan application form. Decide which type of loan you would like to apply for and how long you need to repay the loan. Supply the following when you apply:

  • A copy of your latest 3 pay slips that show your salary
  • Your last 3 months bank statements
  • A copy of your South African ID
  • You will also need to consent to a credit check.

Power Loans – Instant loan

  • Loan Type Instant loans
  • Interest Rate 3660% p/a
  • Loan Amount up to R8,000
  • Repayment 624 hourss to 180 days

Benefits of Power 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.

Power Loans - Convenient instant loans

When you need a personal loan we are there to assist you, in order to make sure that we give you the best service possible and provide you with the perfect financial solution we will need to ask you some personal questions.

We will require details about your income, living expenses and your day to day general expenses.  If you currently have any debt including credit card debt or store cards we will need to know about it, perhaps we may even be able to assist you in minimizing this debt.

Getting to know you better

It is important that we find out who you are, so you will be asked to complete a section providing your personal details including relevant contact information, your home address and the details of your employer.

We will ask you to provide details of your next of kin, this is in case something happens to you or we can’t get hold of you.

To make sure that you can afford the good or bad credit loan repayments you will need to consent to a credit check. We will verify all the details given to us and check that there are no cases of fraud against your name.

Power Loans responsibly

Power Loans is a responsible lender and complies with all rules and regulations set out by the National Credit Act. Our aim is to give you a hand up and not to trap you in a vicious debt cycle that is difficult to escape from.

We keep the power in your hands and help you prevent extra penalty charges by setting up a direct debit on your account to ensure that you never miss a payment and don’t need to stress about remembering on which date your short term loan needs to be paid. 

Customer Reviews & Testimonials

January 2019

Power Loans gave me the opportunity to choose a loan that wouldn’t put too much strain on my budget.

Rajesh G
— Johannesburg —

March 2019

Applying for the Power Loans credit plan was easy, straight forward and convenient. I didn’t encounter any technical errors.

Nythel F
— Free State —

Power Loans Contact

Contact Number


  • not available


Physical Address

  • Shop No.18, Qualbert Center Building, Bertha Mkhize St, Durban Central Durban 4001 South Africa
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Opening Hours

  • not available