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Debt Lab

image of Debt Lab
image of Debt Lab

About – Debt Lab

We are dedicated financial serves that brings you quality, we have the knowledge and always bring the best that we can to our customers.

We at Debt Lab negotiate the best loan service with all the prominent lenders and will find you the best deal possible that will be fitted to suit your needs we also provide speedily and trouble free payday loan approvals.

No paperwork, 100% online application

Deb Lab believes in making the lives of our customers convenient and so you don’t have to do all the paperwork that is involved, we do it all for you at no charge at all, we will submit your application to a partner that will provide you with a loan that will suit you best, this would be based on the info supplied by yourself.

We have a wide range of experience at DebtLab and our partners are experts in their field, they have been able to assist customers over the years with any questions, queries or assistance that you may need.

We understand the difficulties our customers face when finances are unstable. We give you the assurance that we are here to assist with affordable short-term loans.

Professional call centre

Our call centre consists of highly motivated people with brilliant understanding and will process your application within 24 hours; your information is kept confidential at all times. There is a help section for your convenience should you have any queries or need any assistance. We will gladly assist in any way that we can.

Now for the big question!

Regrettably, we have those unforeseen moments in our lives where we didn’t count on something going wrong for instance, that emergency that you were not prepared for in the likes of your geyser that decided to burst, these are things we don’t budget for.

Now you are contemplating on applying for that much-needed loan but not sure if you should take a payday loan or a personal loan.

Services – Debt Lab

We offer free online referral services and will forward any queries you may have as well as your application to our skilled and highly qualified lending partners.

Once your online loan application has been submitted, you will deal directly with the preferred lending partner. All partners abide by the National Credit Act and NCR regulations. Unfortunately, we do not offer financial advice.

Personal loans

A personal loan would enable you to apply for a loan with at a certain interest rate, this would depend on your risk profile and or credit rating, for a certain period of time, these loans could be repaid over an agreed amount of years perhaps two years or so, the interest would make up a small amount of the loan.

Your preferred lender will do a credit check and see what your ratings are, your income and expenses are taken into consideration and this will be the deciding factor on your affordability on your long-term loan.

If by any chance you are not able to pay the loan back in the agreed amount of time, you are able to negotiate an extension, bearing in mind that there will be extra charges on interest, the longer you take to pay the loan back the more interest you will pay.

Payday loans

Payday loans work differently, a payday loan is also known as a short-term loan which is payable with your next paycheck. Our lenders will do a credit check, and depending on your affordability, will make a decision from there, should they decide to assist you with the funds the money becomes available immediately and paid directly into your account. A Payday loan is quick, easy and hassle-free.

Unfortunately, you do pay a higher interest rate (e.g. should you borrow R 5000 your repayment will be R 5 500) but that comes with the speed and convenience of a payday loan and should you repay as per your agreement you will more than likely qualify for another instant loan as and when needed. But please take into consideration that if you are not able to pay your payday loan on time and make arrangement for an extension there are extra charges such as interest involved.


Summary of Services

  • PAYDAY Loans
  • PERSONAL Loans


Debt Lab - we will help you make the right financial decisions

At the end of the day, you need to make the right decision and one that will enable you the comfort of not getting into a financial fix. We want the best for you and cana offer payday loans to suit your needs!

Debt consolidation

Debt consolidation would be suited for people who are struggling to keep their monthly payments on credit accounts such as retail store, credit card or other loan accounts.

Perhaps you find that you are drowning a little, having sleepless nights and you are one stress ball at most times, if that is the case then Debt consolidation is for you and should be considered.

Debt Lab is here to assist should you decide that this is the way forward; it certainly would release that stress you are going through. This won’t affect your credit rating and by no means is thus considered that you are under debt review.

It simply means that all your accounts will be combined into one loan account, with only one monthly payment to make at the end of each month.

Plus a consolidated loan has lower interest rate and could save you some money in the long run. You will feel better, sleep better and enjoy life a little more, instead of putting yourself under so much pressure.

What do I need to apply for a loan with Debt Lab?

Well, first of all, you need to be 18 years of age or older, you need to be a South African citizen with a valid ID, you will need to be employed, and have 3 months bank statements showing that your salary is paid into your account.

Contact Debt Lab today for that much-needed loan!


Customer Reviews & Testimonials

 Contact Details

19 Loop Street, Cape Town, Western Cape, 8001, South Africa
Ph: 021 300 1077
Fx: 086 696 0686

 Opening Hours

  • Monday 08:30 – 17:30
  • Tuesday 08:30 – 17:30
  • Wednesday 08:30 – 17:30
  • Thursday 08:30 – 17:30
  • Friday 09:00 – 17:30
  • Saturday 09:30 – 13:00
  • Sunday Closed –