Rating based on 62 reviews

Lifestyle Financial Services

  • Short-term loans up to R15,000
  • Low-interest starting from 23%
  • Repayment up to 12 months

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Lifestyle Financial Services homepage
Author Lifestyle Financial Services. Screenshot of Lifestyle Financial Services website.
[Accessed January 30, 2023]

About Lifestyle Financial Services

Lifestyle Financial is a privately held financial services company based in Northmead, Benoni. They specialise in personal finance, insurance, and cellular deals. They currently have more than 500 employees.

Some of the key employees at Lifestyle Financial are Jean-Ashley Bell as the co-founder, Elize Keays as the Client Services Manager, Sipho Jackalas managing Lusipho Trading, and Charles Sosa as the company CEO.

A bit about Lifestyle Financial

Lifestyle Financial was founded in 2001 with the goal of servicing customers and assisting them in achieving their personal financial goals. They’re market leaders in the acquisition of personal finance.

The initial business idea

When Lifestyle Financial started the focus was mainly on providing financial service solutions. After 15 years in the industry, they saw a gap in the insurance market.

This would bring to life First Federal Investments which would ultimately enable them to start offering key insurance products.

Looking out for your financial needs

Lifestyle Financial consists of a team of enthusiastic and committed members that strive to serve you with honesty and integrity. They make it their business to ensure you get financing that is suited to your specific financial needs.

The ultimate mission

Lifestyle Financial mission is to offer you a one-stop shop with an assortment of financial solutions for both their clients as well as their business partners. They offer wide-ranging financial products and services in the credit and insurance markets.

Lifestyle Financial Services Services

With the aim of delivering outstanding service to their clients, Lifestyle Financial has set an industry standard that is hard to match. The wide range of financial solutions on offer come with benefits to suit your financial needs.

A short-term loan from them can give you access to financial assistance between R1000 and R15 000. The repayment term on this loan ranges between one and twelve months.

If unforeseen events crop up, a short-term loan or emergency loan can be applied to ease the financial stressors.

Responsible lending

Lifestyle Financial is a registered financial services provider and works in accordance with the National Credit Act. They have the responsibility to ensure that you can afford a loan before they grant it.

Get pre-approved in three easy steps

Getting pre-approval works much like a loan calculator and lets you calculate affordability before you apply. You’ll complete the pre-approval process on their website.

Student loans of up to R150,000

Lifestyle Finance also offers student loans. With this loan, you’re able to pay for tuition or purchase study materials.

To qualify for a student loan your parent/sponsor should have a permanent job and be able to afford the monthly repayments.

The student loan could give you access to between R4,000 and R150,000 and offer competitive interest rates. You’re able to get pre-approval for the student loan on their website.

Lifestyle Financial Services – Short-term loan

  • Loan Type Short-term loans
  • Interest Rate from 23%
  • Loan Amount up to R15,000
  • Repayment 12 months

Benefits of Lifestyle Financial Services

  • Short-term loans up to R15,000
  • Repayment up to 60 months
  • Low-interest starting from 23%

Short-term loan calculator

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

A guide to applying for a short-term loan from Lifestyle Financial

Like with many loans on the market, you must qualify to ensure you’re approved.

This criterion is a checklist of items you need to comply with to apply for a short-term loan. The qualifying criterion for the Lifestyle Financial loan includes:

  • You need to be between 18 and 64 years of age
  • Proof of 6 month’s employment in the form of pay slips

The documents you’ll need for the loan application will include:

  • South African ID/smartcard
  • Three month’s bank statements that show three month’s salaries
  • Your latest pay slip

The application process

When you’re ready to apply for your short-term loan, you can navigate to the Lifestyle Financial website. Under the personal finance tab, you can select the dropdown menu and select the microfinance option.

Once you’re redirected to the relevant page, you’ll see the 3-step pre-approval questionnaire on the right side of the screen.

Follow these easy steps

1. Use the slider to indicate the desired amount between R1,000 and R15,000. Select the desired repayment term from the dropdown box. You’ll be asked to complete the fields with:

  • Name and Surname
  • ID number
  • Work, home, and cell phone numbers
  • Email address

Once this is completed, you’ll click on the apply button.

2. You’ll now be redirected to the FASTA webpage where you’ll enter the following information:

  • ID number
  • Your address
  • Check affordability
  • Reviewing your application
  • Send through your bank statements

As soon as you have done all of the above, you can submit your application.

3. You’ll be notified of the approval of your short-term loan and the money is paid into your bank account.

Why choose Lifestyle Financial

  • The customer protection plan included
  • Flexible repayment periods offered
  • Quick loan payouts
  • They offer a payment break

R75,000 worth of funeral cover

Lifestyle Finance has a funeral policy that can have you covered for up to R75,000. The policy starts from R30 per month.

The policy pays out within 24 hours after Lifestyle Financial receives all the relevant documentation. When a claim is lodged, you’ll be paid an additional R250 worth of airtime to assist with the necessary arrangements.

There are extra benefits to this policy including free repatriation of a body, anywhere in South Africa, to the place of burial. You’ll also enjoy double cover in the event of accidental death.

Some of the additional benefits you can add to the policy include:

  • Emergency medical service at an additional R14.50
  • HIV assist at an additional R5.00
  • Legal assist at an additional R11.00

Let Lifestyle Financial lighten your financial load

Everyone might need a little financial help sometime in their life. Lifestyle Financial can offer you the assistance you need and help you make an informed financial decision.

Don’t let unforeseen events get you down, they have a short-term loan solution to suit your needs.

man holding thumbs up

Lifestyle Financial Services is a trusted & reliable provider of short-term loans

In our review, Lifestyle Financial Services 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.

✅ Lifestyle Financial Services is a registered credit provider in South Africa: NCRCP 2466

Customer Reviews & Testimonials

February 2019

Unfortunately there are some things that a woman can just not do without in her kitchen and a microwave is definitely one of them. I did not have the savings to fork out for my missed appliance b...

Estene S
— Nelspruit —

April 2019

Having multiple credit cards had become a schlep for me and I noticed I was wasting so much money on interest and fees. Lifestyle advised me to take out a debt consolidation loan to repay all of ...

Rebecca D
— Secunda —

November 2019

Thanks to Lifestyle’s online application I was able to get through all the formalities in a jiffy. It is wonderful to work with a lender who makes borrowing so simple.

Tabisa B
— Emalahleni —

Lifestyle Financial Services Contact

Physical Address

  • Rivonia Gate, 381 Rivonia Blvd Sandton Nationwide 2128 South Africa
  • Get Directions

Opening Hours

  • Monday 08:00 – 17:30
  • Tuesday 08:00 – 17:30
  • Wednesday 08:00 – 17:30
  • Thursday 08:00 – 17:30
  • Friday 08:00 – 17:00
  • Saturday 11:00 – 15:30
  • Sunday – Closed