Rating based on 32 reviews

Low Budget Loans

  • Quick loans up to R3,000
  • Low-interest starting from 28%
  • Repayment up to 6 months

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Low Budget Loans homepage
Author Low Budget Loans. Screenshot of Low Budget Loans website.
[Accessed January 30, 2023]

Low Budget Loan - They specialise in loans for clients with bad credit

Their company was started in 2004 by a couple of banking experts.

With their extensive knowledge, they created a system that gives you hassle-free, affordable quick loans.

They have the solutions

Whatever your financial problem they have a loan that can be the solution. Through innovation and a passion for your needs, they supply you with affordable loan options and flexible repayment terms.

Straightforward and transparent

They're a straightforward company. They're transparent in all of their dealings, you won't find any hidden fees.

You can use the loan calculator to determine exactly how much you'll repay on your payday loan. This amount also includes the interest fees, there are no surprises when it comes to repaying your loan.

Can you afford a loan?

An affordability assessment will be conducted when you apply for a bad credit loan.

They'll determine how much you can afford on monthly instalments after your expenses have been subtracted from your salary. They support responsible lending and they comply with the stipulations set by the National Credit Act. 

Easy loan application

Everyone needs a little bit of extra cash for that ‘rainy day’ but what if your day comes too soon and you're not covered financially?

This is where they step in. They understand that unexpected financial expenses can happen at a drop of a penny and when you need fast cash urgently there's no time to wait for your money.

Benefits of applying with them

  • Easy online loan applications
  • A variety of loan options
  • Flexible repayment plans
  • Convenient online applications that can be done from anywhere
  • You don’t stand in any long queues
  • No endless paperwork
  • Their friendly staff will guide you through the process

Bad credit, No problem

For years they've been helping you with bad credit records to get an instant loan. They'll do a credit check when you apply but don’t fret as long as you're not under debt review, you're welcome to apply for a loan with them.

Debt consolidation options

When you are overwhelmed with debt and you feel helpless you should speak to one of our counselors about debt consolidation. We negotiate better payment terms with your creditors and structure all of your debt into one affordable monthly repayment.

The great benefit of this is that you no longer have to deal with creditors harassing you for their money. We will do all the hard work you can sit back and relax. 

Low Budget Loans – Quick loan

  • Loan Type Quick loans
  • Interest Rate from 28%
  • Loan Amount up to R3,000
  • Repayment 3 months to 6 months

Benefits of Low Budget Loans

  • Apply online 24/7
  • Quick loans up to R3 000
  • No hidden costs or fees

Quick loan calculator

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

Low Budget Loans – Cash in a flash

They have innovative technology to help them give you the cash you need in the shortest possible time.

When life gives you lemons get a quick loan from them and buy tequila!

The requirements to apply for a loan

  • You must be a South African
  • You must be 18 years older, but younger than 65
  • You must have a fixed monthly salary
  • You must have an active bank account, cell phone number, and email address

Loans for employers

They give loans to employees with no risk to the employer. The most popular loan for employees is payday loans.

They supply you with a portion of your salary until you get your next paycheck. With this short-term loan, the interest rates are usually very low. The loan will be paid into the employee's bank account within 15 minutes after the loan approval.

For fast, affordable personal loans contact Low Budget Loans. They have a superior loan service with a variety of loan options and repayment terms to suit your pocket.

Visit their website and apply for a loan and you could have the cash in your account on the very same day.

man holding thumbs up

Low Budget Loans is a trusted & reliable provider of quick loans

In our review, Low Budget Loans 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.

✅ Low Budget Loans is a registered credit provider in South Africa: NCRCP 4858

Customer Reviews & Testimonials

November 2018

Amazing service, top staff – I have never been more impressed by a firm.

Jordyn M
— Johannesburg —

October 2018

I am happy with what I received from Low Budget Loans, very happy indeed.

Judy M
— Pretoria —

January 2018

True to its name, they do provide you with low budget loans.

Aryan S
— Durban —

Low Budget Loans Contact

Physical Address

  • Lombardy Business Park Unit 24, Graham and c/o Graham and Cole Road, Shere AH, Johannesburg Gauteng 0081 South Africa
  • Get Directions

Postal Address

  • Postnet Suite 397, Private Bag x10, Elardus Park, Johannesburg, 0047, South Africa

Opening Hours

  • Monday 08:00 – 16:30
  • Tuesday 08:00 – 16:30
  • Wednesday 08:00 – 16:30
  • Thursday 08:00 – 16:30
  • Friday 08:00 – 16:30
  • Saturday – Closed
  • Sunday – Closed