Rating based on 1,140 reviews
About – Balungile Cash loans
Balungile loans offer you short-term unsecured payday loans to the value of R4 500 with easy repayment terms of up to 3 months.
Everyone is struggling with the failing economy and it is becoming increasingly difficult to make ends meet every month.
The bills keep adding up and the prices keep going up, but salaries remain the same making your paycheck have to work harder than ever before and putting a strain on your already stretched budget.
Tough economic times
These conditions make it almost impossible to save or plan ahead for the future. Our main branch is situated in Vereeniging, Gauteng but due to technology and online loan applications we are able to grant loans to everyone, anywhere in South Africa, if you need a helping hand with your financial situation then you have come to the right place.
Why should I choose Balungile?
We offer you financial assistance when you need it most, and provide easy to manage payment terms. You will be able to borrow up to R 4 500 and you will have 3 months to pay back the money. Our easy to apply process is quick and easy.
Simply contact the call centre and one of your friendly, knowledgeable consultants will guide you through the entire personal loan application process. You can get an answer in as little as 15 minutes. Once we have received all the relevant supporting documents and your loan application has been approved. You can expect the funds to be transferred directly into your bank account within a few minutes.
Services – Balungile Cash loans
Balungile Cash Loans is registered and complies with the NCA (National Credit Act) rules and regulations.
Our interest rates are fixed, that means they will not increase after you have taken the personal loan and loan and the repayment terms will remain the same for the duration of the loan.
This, in turn, gives you more control over your finances and budget planning and eliminates nasty hidden fees or surprises.
What may I use the money for?
Once you have received the instant cash, you will be able to use the money however you wish. The money is yours to spend however you like.
The funds can be used to repay existing debt, medical bills or just to buy groceries or pay your child’s school fees. Each individual person will have different needs for the money and you are under no obligation to let us know what you are using your money for.
To be able to apply for a Balugile cash loan you should meet the following requirements:
- You should be over the age of 18 years old
- You should be a South African citizen
- You should be permanently employed
- You will need an active bank account – that your salary is paid into
We will need the following:
- A copy of your ID
- Proof of residence (not older than 3 months)
- To accept and sign the consent to let us do a credit check
Summary of Services
- SAME Day Personal Cash Loans
- SMALL Personal Cash Loans
- QUICK Personal Loans
- CASH Loans
Blacklisted? Contact us for a loan
Here at Balungile loans, we try to be as fair as possible when granting loans and we know that sometimes you have been blacklisted and struggle to get loans from other sources.
If you have been blacklisted in the past, or are currently blacklisted, please contact our call centre to see if we will still be able to assist you with loans for bad credit.
Can I afford to take out a loan?
Taking out a loan can turn into a very expensive business and if not managed correctly, can cause you to fall deeper into financial trouble. You should always ask yourself if you can afford to take out the loan and make all the repayments needed in a timely manner.
It won’t help to get a bit of extra money to help you through until the end of the month only to struggle to make it the next month and have the added financial pressure of your loan repayments on top of your already stretched paycheck.
Stay on top of your obligations
A payday loan is there to assist you in your time of need, unfortunately once the funds are deposited into your account, it will be your responsibility to use the money to stay on top of your obligations and not waste the money on the new pair of shoes you have been eyeing or treating your family to a night out or extravagant purchases for things you don’t really need.
Make sure that you have a budget that you can stick to
Firstly, you should be well disciplined enough to pay any outstanding bills and buy basic necessities. Make sure you will have enough electricity for the month, or enough petrol to be able to get to your current place of employment. Resist the temptation to blow through the money by making and sticking to a budget.
It will be easier to see how much you will need and what to spend the money on once you have received it. Make sure to put everything in writing and hold yourself accountable. Be responsible so that taking a personal cash loan doesn’t push you further into debt.
How long does it take to receive the money?
We aim to for the process to take just 24 hours from start to finish. We will pay the funds directly to your bank account within minutes when your payday or short-term loan application is approved. We understand you need the money as quickly as possible and loans are usually time sensitive so we work as quickly as possible to get you the funds you need now.
Customer Reviews & Testimonials
Such great employees you have at Balungile Cash Loans. Employees that go out of their way to ensure that you get a good deal.
— Sebokeng —
After getting a loan at Balungile Cash Loans, I realized that they are always looking for the best interest of the client.
— Witbank —
Ph: 016 455 5896 / 016 455 5896
- Monday 08:00 – 17:30
- Tuesday 08:00 – 17:30
- Wednesday 08:00 – 17:30
- Thursday 08:00 – 17:30
- Friday 09:00 – 17:30
- Saturday 11:00 – 15:30
- Sunday Closed –