Rating based on 27 reviews

Power Loans

  • Quick loans up to R8,000
  • Low-interest up to 60%
  • Repayment up to 6 months

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Author Power Loans. Screenshot of Power Loans website.
[Accessed January 30, 2023]

Power Loans - Loans between R500 and R8 000

At Power Loans, they supply short-term loans with a range of benefits which include a fast complete online application, quick turnaround times, and complete confidentiality.

They aim to supply you with an affordable loan in the shortest period possible. They can give you instant loans for up to a month and better yet, with no hidden costs.

Flexible loan options

They've served South African citizens with personal loans for many years. Through this time, their team has gained the experience to assist you in choosing the ideal products and services to fit your budget and needs. At Power Loans, they offer you a flexible loan service that you can use 24 hours, 7 days a week.

Loan terms

You can apply for a loan with a minimum of R500 and a maximum of R8 000, with an interest rate of 60% per annum.

Their loan terms range from 61 days to 180 days. With an average loan processing time of just 1 hour, your online application can be approved and your unsecured fast loan will be paid to you that very day.

Fast cash loans

They offer all South Africans fast cash loans whether you're an existing client or a new client.

Online applications

Their loan application is 100% online. This easy online service only takes just a few minutes, which essentially means that you can avoid queues by filling in everything online instead of on paper as well as avoiding any calls.

They have flexible options and you can apply to borrow the exact amount that you need and for the exact period, you need to repay the loan. If your online loan application is successful, they'll send you your power cash card, which you can use to withdraw the funds.

Payday cash loans

At Power Loans, they offer you fast loans in case of emergencies and other situations when you need cash in a hurry. To apply for a loan, you need to have a stable address history and be employed full-time.

You'll be subject to a credit check when you apply for a loan, but they'll cater to you regardless. You'll also need an active email address as well as a South African ID, recent payslips, and 3 months’ bank statements. 

Power Loans – Quick loan

  • Loan Type Quick loans
  • Interest Rate 60%
  • Loan Amount up to R8,000
  • Repayment 2 months to 6 months

Benefits of Power Loans

  • Affordable short-term loans
  • Lower interest rates
  • Quick online loan application

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.

Power Loans - The loan you need, fast

They also offer fast and secure payday loans, not forgetting loans for those who are blacklisted!

Quick loans

They supply consumers countrywide with quick loans that range from R500 up to R8 000. They allow you to select the amount you wish to borrow, at a repayment period that best suits your lifestyle.

Visit their website and click on the “apply now” tab, which will direct you to the application form. Just fill in your personal details and complete the form. Now you can sit back and relax while you wait for one of their friendly consultants to contact you.

It really is that easy! Also, important to note is the added bonus of experiencing an average turnaround time for applications of just one hour!

Looking forward

At Power Loans, they supply South Africans with fast secured or unsecured bad credit loans. If you need cash in a flash, then Power Loans is still the best choice available.

With them, you can experience an online, paperless application that's quick and easy to fill out. One of their amazing staff members will contact you within an hour to let you know if your application is successful. At this point, you'll receive your power cash card to withdraw the funds.  

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Power Loans is a trusted & reliable provider of quick loans

In our review, Power 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.

✅ Power Loans is a registered credit provider in South Africa: NCRCP2274

Customer Reviews & Testimonials

December 2018

After my pay got delayed, I was still able to survive thanks to Power Loans.

Freedom D
— Johannesburg —

August 2018

The application is smooth and easy; no hassles and no waste of time.’

Khanyisile K
— Pretoria —

January 2018

The loan terms are nice and flexible, making the loans affordable.

Johnathan M
— Germiston —

Power Loans Contact

Physical Address

  • Shop 8C, ABC Centre, Verulam Ballito KwaZulu-Natal 4339 South Africa
  • Get Directions

Opening Hours

  • not available